Article

The Canada Growth Fund (CGF) has invested $156 million to acquire a 10% stake in Foran Mining, a copper miner in Saskatchewan. This investment is part of a broader initiative by Ottawa to support critical minerals and emission-reduction projects.

The CGF, which has a capital pool of $15 billion, is now involved in equity stakes, following previous financing commitments. This move raises questions about government involvement in capital markets and its impact on corporate governance, particularly in comparison to historical precedents.