Six Conservative MPs, including the party’s deputy leader, disclosed last year they personally invested in companies related to Brookfield Corp., despite attacking Liberal Leader Mark Carney for his work chairing one of its spinoff companies.

  • HellsBelle@sh.itjust.worksEnglish
    0·
    6 days ago

    The idea was to attract pension fund investment into the Canadian economy, not to give away the pension fund.

    The creation of a multi-billion-dollar investment fund seeded with federal government money and designed to attract additional investments from Canada’s large pension plans is among ideas put forward as former Bank of Canada governor Stephen Poloz pursues his mandate to help Ottawa find ways to direct pension billions into the Canadian economy, according to two sources with knowledge of the proposal.

    • Avid Amoeba@lemmy.caOP
      0·
      6 days ago

      It’s how I read it too. Now there’s still a question of what Brookfield would make from this and whether that’s the best way to invest this capital in Canada but that question stands with any investment scheme. There’s no way to know that since it seems all this is ideation at this point.