Just days after Prime Minister Mark Carney unveiled his government’s plan to establish what he noted would be “Canada’s first sovereign wealth fund,” the Conservatives are set to trigger a full day of debate — and ultimately, a vote — on a non-binding call for the Liberals to “abandon” what their party has dubbed the “sovereign debt fund.” (10 a.m.)

As per the motion, which stands in the name of Conservative Leader Pierre Poilievre, “sovereign wealth funds must have wealth that comes from budget surpluses and resource revenues,” but “this government has run no surpluses, only deficits for the last 11 years and has no funds to invest,” yet Carney “is proposing to put his 25-billion-dollar fund on the national credit card, which will cause further inflationary pressure,” it contends.

The debate is set to get underway this morning, continue through the day and ultimately go to a vote, although as yet, there’s no word on whether that would take place later tonight or next week, at which point it will almost certainly go down to defeat, courtesy of the Liberals’ newly-secured majority.

For his part, Carney is set to spend the morning in Oakville, Ont., where, according to his office, he’ll “meet with skilled trade workers” and “hold a brief media availability.” (11:55 a.m.)

Elsewhere in the Greater Toronto Area, Energy and Natural Resources Minister Tim Hodgson will speak at the launch of the 9th annual First Nations Major Projects Coalition Conference, which, as per the programme, will bring together “over 1,800 delegates from Indigenous Nations, government, industry, and finance to challenge assumptions, share knowledge, and advance real-world solutions.” (8 a.m.)

Back in the precinct, Public Safety Minister Gary Anandasangaree and Citizenship and Immigration Minister Lena Metlete Diab are booked in for a joint afternoon appearance at PUBLIC SAFETY AND NATIONAL SECURITY as the committee circles back to its self-initiated examination of the federal government’s capacity to “deport foreign nationals with criminal records,” as well as “prevent these criminals from entering Canada in the first place,” with Canada Border Services Agency president Erin O’Gorman and senior departmental officials also on the witness list. (3:30 p.m.)

Earlier in the day, House of Commons Speaker Francis Scarpaleggia — accompanied by House of Commons Clerk Eric Janse, Parliamentary Protective Service director Mitch Monette and a full contingent of senior procedural and administrative officers — will field questions on the planned budget for the House of Commons, as outlined in the main estimates. (11 a.m.)

Also on the radar: New Democrat leader Avi Lewis joins New Democrat MP Gord Johns, as well as representatives of the Canadian Alliance on Mental Illness and Mental Health, to highlight their support for Johns’ backbench call for the government to “properly fund mental health services throughout Canada,” which is set to begin second-reading debate before the chamber shuts down for the summer. (11 a.m.)

ON AND AROUND THE HILL

• New Democrat MP Leah Gazan teams up with Sen. Kim Pate to provide a status update on their joint backbench proposal to “ensure correctional accountability,” including “providing alternatives to isolation,” which, as the advisory notes, has cleared the Senate and is now on track to make its debut in the House of Commons. (12:45 p.m.)
• Recreational Vehicle Dealers Association chair Ken Dobson and Canadian Camping and RV Association chair Ellie Abucay-Giammattolo hit the West Block press theatre to “highlight key policy priorities for Canada’s RV and camping sector,” including “maintaining fair and predictable trade under the Canada-United States-Mexico Agreement, investing in tourism and campground infrastructure, and addressing the growing shortage of skilled tradespeople,” according to the notice. (10 a.m.)
• Also today: The Centre for Media, Technology and Democracy hosts a plenary session to present “MPs, senators and senior government officials” with a “consensus-based policy framework”developed by a group of young Canadians to address “the most urgent AI governance challenges facing their generation,” including “chatbots, data privacy, information integrity, and age assurance.” (9:30 a.m.)

OUTSIDE THE PRECINCT

Intergovernmental Affairs Minister Dominic LeBlanc headlines a reception at a “private residence” in Georgetown, Ont., with local Liberal MP Kristina Tesser Derksen also expected to be in attendance, and all proceeds from the $1,000 entry fee earmarked for the Milton East — Halton Hills Federal Liberal Association. (6:30 p.m.)

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