A key ally is making a monumental move to distance itself from the United States after President Donald Trump has repeatedly disrespected its longstanding relationship.
Canadian Prime Minister Mark Carney said on Monday that the country would establish its own sovereign wealth fund to make investments in a move to make the nation’s economy less reliant on the U.S., according to The New York Times.
Canadian citizens will be able to invest in the fund, which will operate like a private company and focus on infrastructure investments that can help bolster Carney’s plans to establish new pipelines, nuclear generation, and a high-speed passenger rail line.
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