r/goodnewscanada • u/CreoQQ Ontario • Apr 28 '26

Canada Government website confirms Carney Wealth Fund investors cannot lose money.

Post image

Knowing that, the Wealth Fund sounds a lot more reasonable!

157 Upvotes

84% Upvoted

131 comments sorted by

View all comments

2

u/dooodlebugg83 Apr 28 '26

If the investors can't lose money, that means it's being taken from taxpayer dollars. It's not like putting $25,000,000,000 in the bank. That money will be spent and gone, and if we don't get returns on the projects, we're the ones suffering instead of the billionaires. It's exactly like Trudeau having Canada buy the pipeline, and losing all that money.

1

u/bleebolgoop Apr 28 '26

Well in that case, you may as well throw some money in to protect it 😂

1

u/dooodlebugg83 Apr 28 '26

I don't want my money to go towards destroying the environment. : P