Canada Strong Fund or Sovereign Wealth Fund, Spring Economic Update, & Asset Recycling

The Environment in Canada Podcast video episode 108 on the sovereign wealth fund or Canada strong fund and Spring Economic Update 2026 from the Federal Government.  You can watch / listen to the episode on The Harbinger Media Network, IHeart Radio, Apple Podcasts, Spotify (video), YouTube (video), or watch it on our website below: 

It’s NOT a Norwegian-style wealth fund – and it might be a taxpayer money-funnel to risky oil and gas projects that puts public assets at risk. Climate action is the canary in the coal mine – not a secondary issue: if governments can’t commit to climate action and take affordability measures that confront oil and gas corporate profits, we can’t rely on them to do a lot of other things either.

• Find out more and find all the sources for today’s episode in the most recent edition of our newsletter here: https://secure.sierraclub.ca/civicrm/mailing/view?id=3929&reset=1
• Read our related fact sheet on why wind and solar with batteries make much more expensive gas plants and nuclear (including SMRs) obsolete: https://www.sierraclub.ca/renewable-energy-does-not-need-baseload-power-more-facts-on-wind-solar-batteries-grids/
• And our previous newsletter on gas price caps, corporate profiteering, and how gas tax pauses are pointless and often just benefit corporations who vacuum up the difference: https://secure.sierraclub.ca/civicrm/mailing/view?id=3916&reset=1

As Hadrian Mertins-Kirkwood puts it: “what’s interesting is that we don’t have a solar and wind to battery strategy when every other part of the world has decided that it is so much cheaper and so much more efficient and so much quicker to mobilize solar and wind than any other kind of power.” Indeed, “Canada, the Global Electricity Review found, is an outlier to the market trend. Renewable energy plant construction has dropped over the past two years, leaving wind and solar power accounting for just nine per cent of the country’s electricity mix, less than half the average among the G7.”

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Photo of demonstration against federal government cuts on April 18, 2026 that drew hundreds of people into the streets.