2025 Federal Election - 28 Apr 25

[Czech_pivo]

Oh don’t worry I do.
Much better.

Because when terms elitist and globalist, in the case of trudeau and carney are descriptors, they are toxic. Neither of them came from modest backgrounds or slaved to make their fortunes. However, their background and fortunes have little to do with their being elitists and globalists. Those traits speak directly to their personalities and politics.

I won't address the silly MAGA reference, but I hope you feel better.

 

[Jarnhamar]

Carney downplays media report on Brookfield tax havens​

Carney helped companies avoid paying taxes by using Bermuda as a tax haven.

Trudeau tried to take care of his buddies at SNC Lavalin. What's the chances Carney will do the same with his pals?


Here's an even bigger question.

Carney put assets into a blind trust. Will Canadians be able to find out what assets he placed into the blind trust? Or is it a big secret with Canadians none the wiser of who's taken care of him?

 

[YZT580]

you may be drinking koolaid but I will

OK fine. Here we go.

#1 Carney doesn't have basic speaking skills. He can't interact with the public, the media, basically anyone who is not international corporate executive

#2 Pierre has a rock star platform (I told he you did, many here were doubters) and its ringing through to people

#3 Too many of you are hyper focused on polls (beware) and that is a mistake. I must admit I only learned a few weeks ago how many times the polls weren't even close to calling elections. You need to go onto the social media outlets, youtube pages, even MSM. Check out the crowds warming Pierre and the CPC vs the small crowds at the LPC or the room full of people at NDP (Who are in real trouble BTW, another call I made)

#4 The issues created by the LPC since 2015 HAVEN"T gone away. Sure Trump created a blip and got a few people excited but honestly? We are back to jobs paying for housing, food, utilities, etc. The LPC still needs to answer for this.

#5 The security clearance blah, blah fucking blah. Done, NO ONE cares kids. Even Tom Mulcair defended Pierre's decision not to fall for the NSCIOP trap laid out by the Liberals.

have some

 

[Lumber]

Because when terms elitist and globalist, in the case of trudeau and carney are descriptors, they are toxic. Neither of them came from modest backgrounds or slaved to make their fortunes.

What? Carney's dad was a teacher and his mom was a stay-at-home mom and then a teacher herself. He went to Harvard partially paid by scholarship (which he had to put it work to earn) and partially paid by financial aid.

So literally everything he has achieved today is because of hard work.

 

[Fishbone Jones]

Carney downplays media report on Brookfield tax havens​

Carney helped companies avoid paying taxes by using Bermuda as a tax haven.

Trudeau tried ro take care of his buddies at SNC Lavalin. What's the chances Carney will do the same with his pals?


Here'san even bigger question.

Carney put assets into a blind trust. Will Canadians have been able to find out what assets he placed into the blind trust? Or is it a big secret with Canadians none the wiser of who's taken care of him?

I'll bet the assets included various Canadian pension funds. Those appear to be the investment capital Brookfield prefers, is pension funds.

There are probably a ton of investments, put together by Carney, that will run for many years. He cannot extradite himself from those deals as they will be providing him dividends until the projects are complete.

 

[Fishbone Jones]

Carney downplays media report on Brookfield tax havens​

Carney helped companies avoid paying taxes by using Bermuda as a tax haven.

Trudeau tried to take care of his buddies at SNC Lavalin. What's the chances Carney will do the same with his pals?


Here's an even bigger question.

Carney put assets into a blind trust. Will Canadians be able to find out what assets he placed into the blind trust? Or is it a big secret with Canadians none the wiser of who's taken care of him?

Found this. The explanation is a bit convoluted, but given the twists and turns employed by Carney, it's to be expected. You can decide for yourself if it fits, but it appears pretty logical to me.

And yes, it involves pension funds.

 

[mariomike]

Are you aware his plans to make cuts to the public sector pension plan will affect CAF pensions as well?

Race to the bottom?

 

[Lumber]

Found this. The explanation is a bit convoluted, but given the twists and turns employed by Carney, it's to be expected. You can decide for yourself if it fits, but it appears pretty logical to me.

And yes, it involves pension funds.

I'm not really sure I understand the consternation about this.

Brookfield starts a new asset management arm that focuses on the renewable energy assets. They register this fund in Bermuda to avoid having to pay taxes on the profits they make.

People in Canada (and elsewhere), such as union pension funds, choose to give their money to this company. They weren't forced to; they looked at all of the possible options and said "hey, this is a good place to put our money."

I.e. No "Canadian money" or "potential tax revenue" leaves Canada until someone in Canada (an individual or an organization) choses to send their money there.

So shouldn't we really be mad at the larger Canadian organizations/groups (like pension funds) who are choosing to send their money there and thereby preventing that money from "becoming" profit which can then become tax revenue?

That's like if I decided to open up a scuba diving business, but set it up in Aruba because I felt that I would make more profit down there than having one in Halifax, and then people getting mad at me when Canadians come down and spend their Canadian dollars to go diving with my company thereby preventing their money from becoming Canadian tax revenue.

 

[Czech_pivo]

Just don’t make a lot of money down there in Aruba and become a millionaire or worse, a multimillionaire, because then you might be called a globalist and an elitist.

I'm not really sure I understand the consternation about this.

Brookfield starts a new asset management arm that focuses on the renewable energy assets. They register this fund in Bermuda to avoid having to pay taxes on the profits they make.

People in Canada (and elsewhere), such as union pension funds, choose to give their money to this company. They weren't forced to; they looked at all of the possible options and said "hey, this is a good place to put our money."

I.e. No "Canadian money" or "potential tax revenue" leaves Canada until someone in Canada (an individual or an organization) choses to send their money there.

So shouldn't we really be mad at the larger Canadian organizations/groups (like pension funds) who are choosing to send their money there and thereby preventing that money from "becoming" profit which can then become tax revenue?

That's like if I decided to open up a scuba diving business, but set it up in Aruba because I felt that I would make more profit down there than having one in Halifax, and then people getting mad at me when Canadians come down and spend their Canadian dollars to go diving with my company thereby preventing their money from becoming Canadian tax revenue.

 

[mariomike]

People in Canada (and elsewhere), such as union pension funds, choose to give their money to this company. They weren't forced to; they looked at all of the possible options and said "hey, this is a good place to put our money."

I'm on a Defned Benefit pension.

OMERS, the Ontario Municipal Employees Retirement System, has a history of partnerships and investments with Brookfield Asset Management, including the sale of Enwave Energy Corporation to a Brookfield-sponsored partnership and investments in Brookfield Business Partners.

Here's a more detailed look at their relationship:

• Enwave Energy Corporation:
  In 2012, Borealis Infrastructure (OMERS' infrastructure investment arm) agreed to sell its 57% stake in Enwave Energy Corporation to a corporation indirectly owned by a partnership sponsored by Brookfield Asset Management. The City of Toronto also agreed to sell its 43% stake to Brookfield on the same terms.
  
  
• Brookfield Business Partners:
  OMERS has invested in Brookfield Business Partners, a listed arm of Brookfield's private equity group. For example, in 2019, OMERS agreed to acquire about 5.1 million units of Brookfield Business Partners through a private placement.
  
  
• Strategic Partnerships:
  OMERS has appointed Kelly Marshall as executive vice-president of strategic partnerships, and Marshall previously worked at Brookfield Asset Management.
  
  
• IndInfravit:
  OMERS Infrastructure has been backing IndInfravit, which acquired Brookfield Asset Management's portfolio of 5 roads in India.
  
  
• Leeward Energy:
  OMERS Infrastructure acquired Leeward Energy in March 2018 from ArcLight Capital Partners.
  
  
• Brookfield Place:
  Brookfield Place serves as the headquarters for Brookfield Properties, and OMERS, through its subsidiary Oxford Properties, previously owned the TD Tower section of the complex.

 

[Furniture]

Teh CAF pensio

Are you aware his plans to make cuts to the public sector pension plan will affect CAF pensions as well?

I wouldn't call it a rock star plan, especially since it's not costed. I don't see how tens of billions of tax cuts will not lead to budget cuts, and i see no 2% GDP plan.

The CAF pension plan is separate from the PS pension plan. Are you sure that what you're saying is accurate?

 

[Fishbone Jones]

Just don’t make a lot of money down there in Aruba and become a millionaire or worse, a multimillionaire, because then you might be called a globalist and an elitist.

Like I said, decide for yourself. BTW, Carney himself, self identified as an elitist and globalist. You should have watched the video. Blame it on him.

 

[Furniture]

Just don’t make a lot of money down there in Aruba and become a millionaire or worse, a multimillionaire, because then you might be called a globalist and an elitist.

That's an interesting way to mischaracterize the point...

Dude went from "potential high level banker" to Prime Minister of a G7 nation in a very short timeframe... We get to ask questions and doubt his ethics. Whether that upsets you and your industry friends, or not.

 

[OldSolduer]

Like I said, decide for yourself. BTW, Carney himself, self identified as an elitist and globalist. You should have watched the video. Blame it on him.

There is more than enough blame to go around - to all parties and the public itself.

Its time to right the ship.

 

[RangerRay]

why is it that whenever someone succeeds, really succeeds in life that the first reaction here in Canada is to call them ‘elitist’ or a ‘globalist’?
Should we be cheering the person who is mediocre? Should we settle for someone who doesn’t strive to be the best in their field, someone tries to rise above all the rest, someone who truly succeeds?
I’m sick of this small ball, cheap fricking chip on my shoulder, woe is me for not succeeding or working my ass off to be the best mentality that has taken ahold in Canada. To come from a modest background and to really succeed on the world stage and to become wealthy is picked at here, ridiculed here, looked down at here. It’s f&cking pathetic.
That is the same shit that MAGA supporters adhere it.

Tall Poppy Syndrome

The crabs in the bucket grabbing the one climbing out

It’s a national pastime.

 

[CBH99]

I'm not really sure I understand the consternation about this.

Brookfield starts a new asset management arm that focuses on the renewable energy assets. They register this fund in Bermuda to avoid having to pay taxes on the profits they make.

People in Canada (and elsewhere), such as union pension funds, choose to give their money to this company. They weren't forced to; they looked at all of the possible options and said "hey, this is a good place to put our money."

I.e. No "Canadian money" or "potential tax revenue" leaves Canada until someone in Canada (an individual or an organization) choses to send their money there.

So shouldn't we really be mad at the larger Canadian organizations/groups (like pension funds) who are choosing to send their money there and thereby preventing that money from "becoming" profit which can then become tax revenue?

That's like if I decided to open up a scuba diving business, but set it up in Aruba because I felt that I would make more profit down there than having one in Halifax, and then people getting mad at me when Canadians come down and spend their Canadian dollars to go diving with my company thereby preventing their money from becoming Canadian tax revenue.

I wish I could give this a Lumber!!

We couldn't be more in agreement on this!


(Holy shit...what just happened??)

 

[Lumber]

I wish I could give this a Lumber!!

We couldn't be more in agreement on this!


(Holy shit...what just happened??)

Well a broken clock is right twice a day! (I'll let you decide which one of us is the broken clock )