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On Earth, Sovereign Wealth Funds have been established in a few Nations.
Such a fund would appear to have some merit for Mars, because the sources of wealth are currently unknown, and because an isolated community will tend to care more about the welfare of it's citizens than might be the case in a densely populated region, such as the Earth.
In post #3, we will take a look at a fund recently created in Canada.
This post is available for NewMars members who might wish to contribute to a collection of knowledge about such funds.
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This post is reserved for an index to posts that may be contributed by NewMars members.
Index:
Post #3: A look at a Sovereign Wealth Fund created in Canada in 2026
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This post is about a Sovereign Wealth fund created in Canada in 2026.
Per Google:
Yes, Canada has established its first sovereign wealth fund called the Canada Strong Fund, which was announced in April 2026 with an initial investment of $25 billion from the federal government. This fund aims to invest in Canadian projects and companies to benefit future generations of Canadians.
Overview of the Canada Strong Fund
The Canada Strong Fund represents a significant development in Canada's financial strategy.Initial Investment — The fund is seeded with $25 billion from the government over three years.
Purpose — It is designed to grow wealth for future generations of Canadians by investing in domestic projects and companies.
Management — The fund will operate as a Crown corporation, ensuring government oversight while engaging with the private sector.
Global Context — Similar to funds in resource-rich countries like Norway, it aims to leverage national resources for long-term benefits.
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This post is about the Alaskan Income Fund ...
I asked Gemini to write a summary of how the Alaskan fund is set up:
Hello again! Thank you for your help with many previous requests. I would like to publish our discussion in a small international forum We use an older BBCode parser. Please use 'h' to double font size, 'list' to create tabular layout, and create equations and formulae in text. We accept all colors and all standard text formatting. The purpose of this inquiry is to try to shed light on options for Canada as it learns of a large deposit of hydrogen in one of it's provinces. Canada already has a Sovereign Wealth Fund, but it does not appear to be designed to distributed income the way a stock fund might do. I understand the Alaska system distributes checks to it's citizens based upon sales of oil. Please write a short summary of the Alaska system.
The Alaska Permanent Fund Dividend: Overview and Distribution Mechanism
The Alaska Permanent Fund (APF) was established by a constitutional amendment in 1976 to transform non-renewable oil revenues into a permanent, self-sustaining financial asset for current and future generations.
Permanent Fund Dividend1. Revenue Sourcing and Capital Accumulation
The fund consists of two main parts:
The Principal (Consolidated Balance): Constitutionally protected core capital. By law, at least 25% of all state mineral revenues (oil royalties, bonuses, and severance taxes) flow directly into the Principal. This money cannot be spent by the legislature.
The Earnings Reserve Account (ERA): Income generated from investing the Principal (stocks, bonds, real estate) flows into this account. Distributions to citizens and state programs are drawn from the ERA.
2. The Dividend Distribution Formula
To smooth out volatile market returns and resource price swings, the statutory Permanent Fund Dividend (PFD) formula relies on a 5-year rolling average of investment earnings:
Permanent Fund Dividend
Step 1: Calculate Total Net Income = Sum of statutory net income from the ERA for the current year + past 4 fiscal years
WikipediaStep 2: Determine Available Dividend Pool = Total Net Income * 21% / 2 (or roughly 10.5% of the 5-year average net earnings)
Petition Status - Division of ElectionsStep 3: Net Distribution Pool = Available Dividend Pool - Operating Expenses & Obligations
Step 4: Individual Dividend Check = Net Distribution Pool / Total Number of Eligible Residents
3. Eligibility and Mechanics
To qualify for an annual dividend check, an individual must:
Be a resident of Alaska for the entire preceding calendar year.
Declare an intent to remain an Alaska resident indefinitely.
Not claim residency in any other state or country.
Not have been incarcerated for a felony conviction during the qualifying year.
Every eligible resident—including children and infants—receives an equal, single payout. Payout amounts typically range between $1,000 and $3,000 per person per year, disbursed annually in October.
4. Strategic Takeaway for Resource Revenues (e.g., Hydrogen Deposit)
Unlike typical sovereign wealth funds that absorb royalties purely for government infrastructure budgets or balance-sheet reserves, Alaska's model directly ties citizen buy-in to resource extraction:
Public Dividend: Converts finite resource extractions (oil or prospective hydrogen) into direct cash transfers to residents.
Constitutional Lockbox: Prevents immediate government overspending by sequestering the principal capital while distributing only a calculated fraction of net investment yields.
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Re: Sovereign Wealth Fund. My point is the project must be owned and operated by the corporation that built the equipment to harvest the resource. But there are taxes. Government doesn't own the resource. I don't want anyone to propose nationalizing the hydrogen resource. Your post in "RobertDyck Postings" seems to indicate that. That's why I posted my ideas for Canadian taxation. Which involves reducing tax for average working people, but not eliminate all tax.
By the way, I sent email to Canadian federal ministers, and received responses. They did read what I wrote. Often the answer was no. As for my big plan for federal taxes, tiny hints of what I asked for appeared in the budget, but the overall strategy did not.
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As for Mars, I have posted several times my ideas for Mars. I want a single federal government for Mars, not dividing the planet into multiple countries. But federal laws would be minimal, each city would have a great deal of autonomy. Each city would have almost as much authority as an American state.
A corporation would own and operate the ship to carry settlers to Mars. The corporation would pay something to subsidize the federal government. And any large corporation would have to pay something to the federal government as well. But no individual income tax, no federal sales tax, no duties or tariffs, no luxury tax, no EI or CPP (Canadian), no Social Security (American), no Medicare tax, no federal tax of any sort. Only large corporations would pay anything to the federal government. A home based business would not pay anything either. But the federal government of Mars would sell land. There's a lot of land on Mars. Once someone buys land on Mars, they own the mineral resource beneath. That could include hematite concretions (high grade iron ore), or potash (potassium fertilizer), or ice, or other.
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For RobertDyck re #6 ... your vision seems quite different from the concept of a Sovereign Wealth fund.
The entire premise of the Alaskan structure is that the state owns the wealth of the part of the planet where it resides.
In other words, every human in that region participates in ownership of the material resources available.
Your vision comes across to me as similar to the attitude of Europeans when they entered the fully occupied lands of North America hundreds of years ago.
Individual humans could and did lay claim to plots of land, in contrast to the native Americans who considered the entire landscape to be a shared commons.
My understanding is that the attitude of Europeans of the time was a reaction to the restrictive land ownership policies of Europe at the time. In Europe at the time (as I understand it) property was passed from father to eldest child (usually a son). Offspring after the first were unable to own land. The (apparently) unclaimed "property" in North America looked like (and was) valuable assets just waiting to be claimed.
The model of the Alaskan wealth distribution plan is worth your study. I suspect that enlightened humans devised that plan. The idea of distributing part of the wealth to every citizen (with a few limits described in the post) has the valuable side effect of reducing the need for support services. Each citizen is free to spend the proceeds as they think best. The net effect is to generate millions of tiny optimum spending centers across the landscape.
Your vision of a small group making decisions for everyone seems to me to be a recipe for disaster. We see the consequences today in Russia, North Korea and similar states (or pseudo-states) today.
I would like this topic to explore the idea of Sovereign Wealth funds and the Alaskan variant. Your vision appears to me to contain none of the elements that make a Sovereign Wealth fund, or the Alaskan variant, attractive.
This topic is available for NewMars members who would like to help develop a similar plan for Mars. The entire planet is available to be claimed by the first human who lands there, or it can be claimed for human kind and managed appropriately.
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