They really didn’t think this thing through. Again.
Blacklock’s- 44% Of Pension Fund In USA
The Canada Pension Plan Investment Board did not comment. Only 12 percent of Canadians’ pension premiums, a total $77.2 billion, are invested in Canada, according to Board figures. A total $297.1 billion or 44 percent are in the United States followed by Asia Pacific countries (20 percent) and Europe (19 percent).
However the Board did sell off investments in Chinese coal companies after cabinet mandated emissions targets under its climate program.
So they are making money off the USA.
This could turn nasty real quick.
Breaking News as of a few minutes ago
WINNING: Donald Trump statement:
“I just spoke with President Claudia Sheinbaum of Mexico. It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican Soldiers on the Border separating Mexico and the United States. These soldiers will be specifically designated to stop the flow of fentanyl, and illegal migrants into our Country. We further agreed to immediately pause the anticipated tariffs for a one month period during which we will have negotiations headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico. I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a “deal” between our two Countries.”
Tariffs are Trump’s way of wielding the power of the American consumer to protect America’s interests. The intent wasn’t to start a trade war but to curtail the cartels’ drug war on the US.
So far, so good. Now let’s see what Canada does.
Trudeau will probably be screaming “YUH HUHRTING ME! YUHR ‘BUSIN’ ME!” to Trump.
Well considering what’s happening now, investing in the USA makes more sense than investing in Canada.
Unfortunately you need US$ to invest there, and the northern peso is sinking like a stone..
I’m glad my investments are reasonably diversified with gold, international stocks, US stocks the majority; Canadian holdings are under 40%. Given developments, that 40% is looking like too much exposure. I’d suggest William Bernstein’s short Deep Risk for guidance on dealing with “you’re never getting it back dangers”. Unfortunately, the chances of drastic action being necessary are rising significantly for Canadians. The lockdowns were a warning.
L- That 44% invested in the U.S. will over perform, the 19% invested in Europe/U.K. will under
perform, as they are in deepening recession of their own creation, due high *energy prices.
The Asia-Pacific will likely grow with a supply of cheap, reliable oil/natural gas from Russia. Ironically, they’re benefitting from the West boycott and blowing up *Nordstrom 2.
That India is buying cheap oil from Russia, rebranding it under the India flag. Then up-charging
it for eager buyers in Europe. It’s a clown world in the west, with only America under Team Trump planning to recover their manufacturing base. Trump’s immediate goal is to
break the China’s strategy of surrounding the United States; which Xi almost accomplished, via taking control of the Panama Canal and controlling the Liberal government
of Canada.
The tactic of weakening both the U.S.A. and Canada with a fentanyl epidemic and a Wuhan
genetically enhanced virus; while offering money laundering services to organized crime on
a global scale falls under China’s “Unrestricted Warfare” strategy.
The U.S. under Trump rejects the Thucydides Trap.
Exactly. If one wants the best return on investment, then investments are made in the US market. That probably won’t stop Trudeau acting to stymie the growth of this pension fund.
“Only 12 percent of Canadians’ pension premiums, a total $77.2 billion, are invested in Canada…”
This is what one would expect out of a reasonably competent fund manager. Even the most clairvoyant could never expect the UTTER FOOLERY we see coming from Ottawa this week. I see above that even Mexico has bowed to Trump’s demands to cut the fentanyl and illegal migrants, but not Trudeau.
This is exactly what caused the Cuban Missile Crisis and nearly killed us all in the 1960s. Idiots playing chicken. Kennedy at least was a fruitcake and drug addict, I don’t know what excuse #ShinyPony has for this evident mental disorder of his. Hoping to save his job with the “I Hate America” vote?
We don’t have 10,000 troops.
Mexico doesn’t have 10,000 troops that aren’t compromised by the cartels.
I sure as hell hope they don’t invest in Canada as it stands today. Canada is on a downward trajectory regardless of tariffs. Canadians care far more about their carbon footprint and transferring vast amounts of money to First Nations honchos and to Quebec than they care about creating industrial wealth.
Our own RIFs and TFSAs are invested 90% in U.S. ETFs (for growth) & dividend ‘aristocrats’ (for income), and the other 10% in European & Japanese blue chips. Other than C$ cash in the checking account we (dual citizens) have no Cdn investments, just our small house in eastern Ontario. Canada has become highly overtaxed commie-lite.
What We Have Here is A Failure to Communicate.
Mexico demonstrated that negotiation works, so Canada goes the other way.
Ford appeared on Fox Business this afternoon hyping the FAFO approach that he and Sox are pursuing.
He’s gone as far as personalizing attacks on Musk, including cancelling a Starlink contract that would have brought internet access to Canadians living in remote areas.
Politicians won’t suffer, that privilege is reserved for the average Canadian citizen.
We can look forward to 28 more days of Ford beating his chest, and doing things that are against our interests.
He’s got a pointless election to win.
Well to be honest about it, who would invest in Canada with the imbeciles we have currently in government?
CPPIB has the sense to diversify, but seems to also be bad at their jobs since if they had just invested it in S&P500 market funds, they would have had better returns for less money.