Army Guy Posted May 2 Report Posted May 2 Liberals new fund has many experts asking a lot of questions, including CBC, which everyone knows is Liberal friendly....which is a huge red flag, that something does not smell right....And Carney was being touted as a master banker, and yet many of his comrades are not convinced this idea is going to work....It is not the same as those examples he uses, they are very different than Carneys model.....Is this going to be a huge gamble for Canadians investing in this fund....Government does not exactly have a record of investing money wisely... The video is well done... 1 1 Quote We, the willing, led by the unknowing, are doing the impossible for the ungrateful. We have now done so much for so long with so little, we are now capable of doing anything with nothing.
August1991 Posted May 2 Report Posted May 2 49 minutes ago, Army Guy said: Liberals new fund has many experts asking a lot of questions.... ... It is a slush fund. Corruption -Federal Liberals defeat themselves: 1957, 1984, 2010s. ==== Note to Poilevre. Quote
John Johnston Posted May 3 Report Posted May 3 Have wait and see how and when this gets off it's feet and fleshed out. In theory it's a good idea. But as usual, the devil is in the details. Quote
CdnFox Posted May 3 Report Posted May 3 Jobs for the boys. If it was serious work we already have the infrastructure bank which could easily have dealt with it. He's creating million dollar a year jobs for people he knows and creating investment capital for businesses friendly to the liberals doing projects he approves of. This has been done before in canada and i don't mean 'legitimate' wealth funds like the heritage fund, but rather these faux investment funds. They were notorious in several provinces as political tools and harper did one with very strict rules to shut some of those down. But even tho he did it with the best of intentions it's still a bad idea and never amounted to much, and the potential for abuse was well established. In the end it'll syphon more money out of canada and move us closer to bankruptcy and carney will be long gone with our money by that point. 2 Quote "That which doesn't kill me... Had better start running."
Army Guy Posted May 3 Author Report Posted May 3 9 hours ago, John Johnston said: Have wait and see how and when this gets off it's feet and fleshed out. In theory it's a good idea. But as usual, the devil is in the details. We already have a investment fund that does the same thing...Canada's infra structure bank...plus many others....how many more do we need....Most of them have been up and running for a while now.... https://cib-bic.ca/ The federal government of Canada operates several specialized Crown corporations and investment entities that act as investment banks, focusing on infrastructure, development, export, and strategic economic sectors. As of April 2026, the government is expanding this portfolio with a new national sovereign wealth fund. [1, 2, 3, 4, 5] Here are the key federal investment and development banks: Canada Infrastructure Bank (CIB): A Crown corporation that invests $35 billion in revenue-generating infrastructure projects (public transit, trade and transportation, and green infrastructure) and attracts private sector capital. Canada Growth Fund Inc. (CGF): A $15 billion fund designed to attract private capital to Canada’s clean technology and critical minerals sectors, operating as an arm’s-length entity managed by PSP Investments. Business Development Bank of Canada (BDC): Offers financing, venture capital, and advisory services to Canadian small and medium-sized businesses, with a focus on startups, innovation, and sustainability. Export Development Canada (EDC): Canada’s export credit agency that provides financing, insurance, and bonding to Canadian companies expanding internationally. Canada Strong Fund: Announced in April 2026 as a new $25 billion sovereign wealth fund aimed at investing in nation-building projects on a commercial basis to grow wealth for future generations. Canada Indigenous Loan Guarantee Corporation: A new entity established to facilitate Indigenous ownership and investment in major projects. Farm Credit Canada (FCC): A specialized financial institution providing financing and services to the agricultural and food industry. Development Finance Institute Canada (FinDev Canada): A subsidiary of EDC that supports private sector growth in developing markets. Canada Development Investment Corporation (CDEV): A Crown corporation that manages commercial holdings on behalf of the government, such as the Trans Mountain Corporation. [1, 2, 3, 4, 5] Quote We, the willing, led by the unknowing, are doing the impossible for the ungrateful. We have now done so much for so long with so little, we are now capable of doing anything with nothing.
JohnnyCanuck Posted May 9 Report Posted May 9 someone said "Here are the key federal investment and development banks:" followed by a list of 9 entities, including the new Canada Strong Fund. Yes I , and many here, know there are already know that there was an infrastructure bank, growth fund, development bank etc. Maybe we did not know the titles of ALL of the 8 existing funds/banks, but that is not the point. What I want to know is WHY Carney needs yet another one? The other sickening thing is that this has caused me to review the Norwegian Sovereign wealth fund. OMG storing away energy wealth as it is created in order to have a piggy bank for the future! and outside of Norway too to avoid the pig trough syndrome. Sad that the pathetic non-entites in Ottawa over the years never built such a vehicle for Canada. Quote
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