Save or spend: The sovereign wealth showdown

Prime Minister Mark Carney has announced Canada’s first-ever sovereign wealth fund, reopening a long-running debate about how we manage natural resource revenues during boom-and-bust cycles. Greg Poelzer, a University of Saskatchewan professor in the School of Environment and Sustainability, points to Norway’s model as a clear lesson: invest resource revenues for the long term instead of using them to plug short-term budget holes. He joins Evan on the show.