Canada to Start $36 Billion Building Fund as Carney Seeks Growth

Canada is set to launch a C$50 billion ($35.5 billion) infrastructure fund to build projects in sectors such as hospitals, transportation and housing, as the government tries to boost an economy that’s being squeezed by US tariffs.

The fund will be one of the measures contained in Finance Minister François-Philippe Champagne’s first budget on Tuesday, according to a government official, speaking on condition they not be identified.

Prime Minister Mark Carney, 60, has promised a budget that’s heavy on new investment to increase Canada’s productive capacity and stimulate growth, which has slowed largely because of the trade war ...