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B.C. launches $400M fund to directly invest in private projects

The fund aims to attract major international investments and support federal defence spending, part of a $200 billion 10-year private investment target, Premier David Eby said.

  • Premier David Eby says the $400 million B.C. Strategic Investment Fund will allow the government to share in the future success of businesses that receive its funding through profit-sharing agreements and equity stakes.
  • The government says the fund will be similar to others in Ontario and Quebec, and Eby says it will be a "key tool to attract major international investments" to the province.
  • While some business groups criticized the expansion of the provincial sales tax on services in the recent budget, Eby defended the "difficult decision" as necessary despite not wanting "to put additional taxes on anyone.
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CBC NewsCBC News
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Lean Left

B.C. launches $400M fund to directly invest in private projects

Premier David Eby says the B.C. strategic investment fund will allow government to share in the future success of businesses that receive its funding, provided they turn a profit.

·Canada
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  • 67% of the sources lean Left
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, February 24, 2026.
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