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Prime Minister Mark Carney speaks with media as he makes his way to Question Period in the House of Commons in Ottawa, Thursday, Nov. 5, 2026. THE CANADIAN PRESS/Adrian Wyld

Carney names first CEO of Canada’s sovereign wealth fund

Nov 9, 2026 | 9:40 AM

OTTAWA — Prime Minister Mark Carney has recruited another global investment executive to his government, this time to helm Canada’s first sovereign wealth fund.

The Prime Minister’s Office announced today that Karen Karniol-Tambour will be the inaugural chief executive of the Canada Strong Fund.

Karniol-Tambour is the co-chief investment officer at U.S.-based Bridgewater Associates, one of the world’s largest asset managers.

A biography provided by Carney’s office says Karniol-Tambour is a Canadian citizen who has been named one of the 100 most influential women in U.S. finance for seven years running by the financial magazine Barron’s.