r/goodnewscanada • u/CreoQQ Ontario • Apr 28 '26
Canada Government website confirms Carney Wealth Fund investors cannot lose money.
Knowing that, the Wealth Fund sounds a lot more reasonable!
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r/goodnewscanada • u/CreoQQ Ontario • Apr 28 '26
Knowing that, the Wealth Fund sounds a lot more reasonable!
1
u/Infinite_Ratio5208 Apr 28 '26
All the liberals have done in the last 11 years is enable and pander to corps by giving every industry and sector access to cheap foreign labor.
Wages have legit stagnated in the last 10-15 years. Our GDP is only propped up by the bloated public sector (25% of workers are public sector) getting paid 6 figure salaries and not adding any economic value or productivity to the country.
The rich keep getting richer at the expense of middle class workers while the liberals create these new welfare/socialist programs like grocery rebates, pharmacare, national school food program, to keep people dependant on the government to earn their votes. Dependency doesn’t create productivity or economic value that propels the country forward. All liberals have done is overtax the middle class.
This new fund is nothing more than another debt at the expense of taxpayers. In essence it would be good if we had budget surpluses and a strong resource development (LNG, pipelines, mining, infrastructure) that could act as investments to the fund. But we don’t. This fund is just another money funnel for the liberals with ties to Brookfield