Why is the Canada Pension Plan investing in projects to improve the US in the first place? We should be improving our own lives and infrastructure.
Because traditionally, wealthy Canadians don't invest in the rest of Canada, they invest in Britain, the US or the EU. Canada doesn't grow very fast so value grows slowly. Of course, the reason Canada doesn't grow very fast is Canadians don't invest in Canada. Kinda one of those "vicious cycle" things.
The Canada Pension Fund is NOT for rich people to use. It's mandated by the government to make sure that the Canada Pension Plan (CPP) funding for retired and disabled Canadians is adequate for our needs.
Quick question, who manages the funds? Is it us? Or is it a bunch of wealthy finance bros "because obviously they know how to make money."
The fund is managed by the federal government.
Read up on it.
https://www.cppinvestments.com/the-fund/how-we-invest/
Geographic diversification is the stated reason. At least it's green infrastructure. Hopefully they take the project somewhere better.
exactly
Why is the vast majority of our PM's investments in the USA?
Mark Carney has investments in 567 organizations. Only three are Canadian
Because Carney was always a fiscal conservative piece of shit. Not a literal Nazi piece of shit like Poilievre but not far off.
Here's an idea...pull all investments from US infrastructure projects and invest that money in Canada instead. Fuck the US, and fuck Trump in particular.
WTF, we are going to fight this right Carney?
This is just another sign that we should work to distance ourselves as much as we can from them
We will for sure be expressing concern and alarm. Possibly even trepidation!
Time to gather NATO and drop those US bonds!
As afraid as I am of that, being stuck here, this is what needs to happen. Dollar needs to crash now.
NATO is fundamentally a US driven project. There is no NATO without the US.
Call it what you want, but the US is still deep in the FA stage.
Eventually things will shift to the FO phase.
With their national debt being carried by the countries they continually seem to want to ridicule, alienate and bully, eventually something has to give.
Trump seems hell bent on torching the US from the inside out, and it’s working.
Sure, eventually the empire is going to unravel, and it looks like that unravelling is happening an accelerating pace now. That said, Trump is himself a product of the failing system. People like him have always been around, but it's the declining material conditions in the US that allowed opportunists to get into positions of power. The direction of travel will be exactly the same when Trump is gone.
I fear you're right
And the thing is this:
It's not the United States versus the rest of the world.
It's the people currently in control of the United States versus the rest of the world.
The people in the United States are not largely on the side of the people currently running things.
The people of the United States will benefit in the long run from that happening, even if it's going to be hell to get there.
That's what the US thinks, but it isn't true. NATO would definitely not be as strong...but to abandon the alliance altogether just because the US pulls out, would be suicide for most of Eastern Europe and the Nordic States.
That's not what the US thinks, that's what material reality tells us. The US accounts for the vast majority of critical and high-end weapons systems such as missiles, stealth fighters, and strategic systems. Approximately 80-90% are US made https://agendapublica.es/noticia/20845/javier-colomina-nato-european-war-such-as-one-ukraine-90-of-missiles-used-come-united-states
For conventional weapons like like artillery shells or tanks Europe does produce some https://en.defence-ua.com/analysis/1_trillion_10_years_europes_long_road_to_military_independence_from_the_us_hidden_challenges-17291.html
However, all western countries are entirely dependent on US satellites and have no immediate alternative without the US. The Americans also do pretty much all the coordination and planning in NATO. If they left, the alliance might hobble along, but it would be a shadow of its former self.
Also, as Ukraine and Iran show, NATO military doctrine is now obsolete:
A single team of some 10 Ukrainians, acting as the adversary, counterattacked the NATO forces. In about half a day they mock-destroyed 17 armored vehicles and conducted 30 “strikes” on other targets.
You seem to be operating on the false assumption that the US would suddenly stop selling weapons to Europe if they chose to leave NATO. That's almost as absurd as saying Russia would refuse to sell oil and gas to Europe over their support for Ukraine.
Besides, none of that has anything to do with whether or not NATO would still exist if the US did leave. There would obviously be a scramble to realign logistical infrastructure, but the rest of NATO is more than capable of doing that. It's not like EU countries don't have the capability to expand their own industries...they just haven't had the incentive.
But, the point I was actually disputing was whether or not NATO would survive a US withdrawal...and as I said, it would have to. If the US pulled out, it would be suicide for the remaining countries to try and "go it alone". If anything NATO would become even more important than ever, if the US left.
Also not sure what significance that last article has to this topic, given the fact that the US was also a part of those drills. That's just a testament to the effectiveness of Ukraine's forces, as well as an acknowledgement that modern drone warfare is changing the way battlefield tactics need to be structured. Not to mention it's always been the case that seasoned forces that are currently engaged in real combat are going to have a huge advantage over forces that aren't, no matter what kind of training they've received.
🤨
I wonder if they break-up and reform as a nom-US version, if their logo will continue to be reminiscent of the swastika?
lol yeah, it's not too subtle
As a disabled adult who is on a fixed canada pension i have tried to lobby my MP about divesting from US markets for years now. He ignores me. Won't answer my calls or emails. Refuses to make appointments.
No one cares. This will continue and I imagine that demand for oil and gas investment will be met.
JFC, diaper Donnie must have heavily invested in coal and oil markets for him to be so against any greener tech. Because the only way he would care is if it would cost him money.
Nah, he also cares about things he hates. Vengeance against anything he thinks wronged him, like the concept of wind turbines, is the strongest driving force for him. Avarice is present, and it does move him, but I think he would sacrifice money to hurt someone he was mad at.
Yep. Only "Pussy ass Commie Liberals" like green energy.
Ding ding ding
You're the winner!
He also just thinks windmills are ugly.
C'MON, BIG BEAUTIFUL OBITUARY
It is not a Canadian owned project. The company is Canadian. It's a US project.
What's going on Canada?
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