Mark Carney said The Globe and Mail was lying when they reported that he met with the Jiangsu Commerce Council of Canada.
Anyway, here's Mark Carney meeting with the Jiangsu Commerce Council of Canada.
Until Quebec is removed as a federal party only representing one province, there’s no actual democracy in Canada. How can a party having over 30 federal seats and representing only 1 province have a say in what happens to the rest of Canada?
🧵CCP Investment Inc. is a corporation created 25 years ago to manage the pension money collected by government of Canada. It operates at "arms-length", meaning it's supposed to be independent.
It just released its annual report, and going through it has been a real eye opener. I had no idea just how bad the CPP is.
For starters, this huge organization, bloated with highly paid bureaucrats across all continents, managed to grow our investments by just 8% in 2023. The TSX had the exact same performance in 2023.
I manage my own personal investments through an iTrade account, and I generated 18.58% return in 2023. Any good Exchange Traded Fund offered by most banks with a 0.8% fee would have done equally well.
There are dozens of mutual funds around the world that manage $500 billion dollar portfolio and generate better returns.
Just to put things into perspective, Visa is work $500 billion US. Apple is worth almost $2 trillion.
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cppinvestments.com/the-fund/f2024…
@cafreeland The government just gave the banks “permission” to collect an additional 5 years of interest. She says the banks are helping people afford their homes. Nonsense, they are letting make more money. All the while the government and banks look like heroes.
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