Canada’s sovereign investment fund is the latest answer to a question the country keeps getting wrong. While federal officials announced a port expansion in Montreal, a bridge sustaining the Port of Vancouver collapsed because no one had maintained it.

Matt Gurney tracks the gap: hundreds of billions owed on infrastructure Canada already owns, before a single new project is funded.

Private capital is flooding into AI data centres worldwide. Canada keeps creating new institutions to attract it. Gurney tests whether the real barrier is confidence that projects will actually get built, not the availability of cash.

Topics: sovereign investment fund, Canadian infrastructure, state of good repair, private investment, infrastructure deficit

GUEST: Matt Gurney | http://readtheline.ca

Originally aired on2026-04-28