Gage Haubrich and Franco Terrazzano/National Post: Here’s the problem. Carney isn’t saving wealth. He’s borrowing more money.
Real sovereign wealth funds are a budget guardrail to protect taxpayers from politicians who raid their nation’s wealth. A real sovereign wealth fund saves revenue to generate income for the future. Carney’s fund is built on billions of dollars of borrowed money and will gamble taxpayers’ money on corporate handouts…