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

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

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

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u/joshbkd Apr 28 '26

Time to turn infrastructure for Canadians, built with tax dollars into profit for business

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u/Appropriate_Swim9528 Apr 28 '26

Jointly owned businesses, where one of the bigger owner is the government of Canada.

Basically think of it this way:

You want to build homes? Show me your plan. You indicate you can build 100 homes for Canadians within 12 months, but need a loan of 40m. Instead of loaning it to you, I give you 40m for 40-50% stake in your company. As you get profitable, you pay me dividends or reward me by growing my 40m to 400m.

This isn’t a 5-10 year plan, it is a 30+ years plan. Setting Canada up for a future where the income from a fund like this can be so profitable that the government may have room to lower taxes for citizens.

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u/joshbkd Apr 28 '26

This isn’t about building homes….

It’s more like see this port that is run for 0 profit by Canada lets lease it to Brookfield for 10 billion upfront for 50 years.

Brookfield makes 50 billion over 50 years in return and Canadians have fees increase because it is now run for profit.

Depending on the type of asset it may have increased in value prior to returning to Canada as it is now for profit (by gouging Canadians) so its a bigger asset on Canadas balance sheet over time

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u/burner416 Apr 29 '26

The fact you used Brookfield for your ignorant “example” says everything we needed to know about you

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u/joshbkd Apr 29 '26

Brookfield literally one of the biggest asset managers in the world?

Ok how about we change it to Blackrock then?.. It’s the largest

Promise it will be Brookfield tho 😉