Will legislation establishing the Canada Strong Fund become law in 2026?
If legislation establishing the Canada Strong Fund has become law in Canada before Jan 1, 2027, then the market resolves to Yes.
“Legislation establishing the Canada Strong Fund” means an Act of Parliament that creates, incorporates, or grants statutory authority for the Canada Strong Fund, or for a Crown corporation or substantially similar federal entity whose stated purpose is to operate the Canada Strong Fund. Enactment requires completion of all constitutional and legal requirements for the legislation to become binding law. Standard legislation requiring executive approval: final passage by all required legislative bodies, executive signature OR becoming law despite executive inaction OR successful veto override, and satisfaction of any required waiting periods Legislation not requiring executive approval: final passage and completion of required waiting periods Constitutional amendments: passage with required supermajorities and completion of ratification processes Executive orders: official signature, publication in official government records, and legal effectiveness The following do NOT constitute enactment: Legislative passage without completed executive action Passage by only some required bodies Provisional passage Non-binding resolutions Draft orders Enactment occurs when all requirements are completed, regardless of pending judicial challenges.