Articles on Sovereign wealth fund

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The petrodollar arrangement has underpinned the dollar’s global dominance since the 1970s. The U.S.-Israel war on Iran is straining that arrangement in ways emergency liquidity tools may not be able to fix. (AP Photo/Matt Slocum)

How the U.S.‑Israel war against Iran is exposing the limits of the petrodollar system

The Iran war is now testing whether the Gulf states that have long recycled their oil revenues into American markets will keep doing so.
Prime Minister Mark Carney makes an announcement on the Canada Strong Fund, Canada’s first sovereign wealth fund, at the Canada Science and Technology Museum in Ottawa on April 27, 2026. THE CANADIAN PRESS/Justin Tang

Canada’s new sovereign wealth fund is ambitious, but its design raises questions

As Canada moves forward with the Canada Strong Fund, it’s important to acknowledge and address its potential risks.
North Sea oil revenues were never invested for future generations – but now Labour plans a national wealth fund if it wins the election. tali8azar8/Shutterstock

Sell‑offs and tax cuts stripped the UK of vital assets. A national wealth fund could turn the tide

Decades of privatisation have left the UK asset-poor – but a national wealth fund as proposed by Labour could help to future-proof the country’s finances.
Norway’s Prime Minister Erna Solberg greets Prime Minister Justin Trudeau at the G7 leaders summit in La Malbaie, Que., in June 2018. THE CANADIAN PRESS/Justin Tang

5 ways Norway leads and Canada lags on climate action

Canada and Norway face epic challenges in weaning themselves from petroleum dependence.
The sun is setting on oil and gas. Creating green income trusts could give private investors incentives to massively scale up investments in new low-carbon energy technologies — and help the province of Alberta. (Pixabay)

Green income trusts could accelerate Canada’s energy transition

Research into income trusts shows that they once helped increase investments in oil and gas. They could do so again — but this time targeted towards low-carbon technologies.
A rally celebrating the second anniversary of Russia’s annexation of Crimea, March 18, 2016. AP/Ivan Sekretarev

Autocracies that look like democracies are a threat across the globe

Almost one-third of countries around the world are authoritarian regimes with the trappings of democracy. Their bad behavior poses a threat to real democracies, as the United States recently learned.
World Bank President Jim Yong Kim warns investors not to ignore climate risks. EPA/Chris Kleponis

Fossil fuel campaigners win support from unexpected places

If you haven’t heard about the growing campaign for fossil fuel divestment, and what it means for both your retirement funds and for the global economy, it’s time to pay attention - because now even the…

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