Trudeau, Freeland and a number of other Liberal ministers going back a few years have all publically mused on accessing CPP funds to invest in Canadian Infrastructure. Trudeau at one point made a statement on CPP supporting projects for greening the economy.
This article is quite good at confirming the approaches by the Liberal government and putting to bed any thoughts that they have had on getting their hands on another pot of money to squander.
https://financialpost.com/feature/wh...s-falling-flat
Interesting statements in the article :
One of the fund managers. He explained to Trudeau that they don't invest in government "projects", but rather in established, profit-based private sector enterprises so they can predict a return with some degree of certainty. And Trudeau did a good job of "appearing to understand that"
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They (Liberals) start with a bias they’d rather be in Canada than anywhere else, so are the conditions there for the investor? What is our tax policy? What are our trade policies? All of those sorts of things,” he said.
Fixing those conditions is the way to get more investment money to flow, he said.
“It isn’t telling OMERS (or Teachers’ or the Canada Pension Plan Investment Board) to invest a bunch of money in Canada.”
Canada Pension Plan and the Liberals
Linear Mode
