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Canada鈥檚 proposed sovereign fund is drawing scrutiny over its cost and potential returns, but Sebastien Betermier, Associate Professor of Finance at 91黑料网 Desautels, sees conditional upside. He argues the聽roughly $750 million聽annual interest burden is manageable if the fund is well structured and generates returns above borrowing costs.

鈥淚f we end up generating returns above 3% while paying 3% on the debt, we come out ahead,鈥� he notes. Betermier adds the fund could also attract foreign capital into major infrastructure projects, delivering a dual benefit.聽Ultimately, he聽stresses that success will hinge on disciplined governance and long-term investment performance.聽