4 ms·

This makes sense once you see the list of Canadian companies https://en.wikipedia.org/wiki/List_of_largest_companies_in_Canada https://en.wikipedia.org/wiki/Li

This makes sense once you see the list of Canadian companies https://en.wikipedia.org/wiki/List_of_largest_companies_in_Canada https://en.wikipedia.org/wiki/List_of_largest_companies_in_C... #1 is Brookfield Corporation. The now prime minister of Canada headed the ESG there. He is also an international central banker.

lwansbrough 6mo ago
I guess we shouldn’t do anything because Brookfield exists.
- weirdmantis69 6mo ago
  I guess we should do stupid corrupt things because Trump exists.
  - lwansbrough 6mo ago
    What’s Trump got to do with this? If you invest anything in the Canadian market you probably hold some Brookfield. Carney’s investments are in a blind trust. What more could be done, in your view?
    - petermcneeley 6mo ago
      Perhaps I would have simply had someone different represent Canadians. Is this too much to ask?
      - lwansbrough 6mo ago
        Apparently!
      - givemeethekeys 6mo ago
        Yes, considering everyone else was either utterly incompetent, didn't want the job, or screwed the pooch under pressure.
        petermcneeley 6mo ago
        Look, I checked my email everyday and didnt see anything.
        givemeethekeys 5mo ago
        Might've gotten lost during a Canada Post strike.
      - lovich 6mo ago
        So you were just complaining because you don’t like the guy?
        petermcneeley 6mo ago
        Your response is the quality of argument that I have come to expect in Canada.
        lovich 6mo ago
        Well I’m from the US so you’re wrong on that point. Your quality of comment is what I expect from conservatives who think their feelings are reality and complain about shit without making solid inferences or connections. It’s a sovereign wealth fund and you’re complaining that one of the larger Canadian companies is included in it because Carney worked there. Then when pressed you say you wish someone else represented your(presumably you’re Canadian) people. That’s just kvetching.
        petermcneeley 6mo ago
        > Perhaps I would have simply had someone different represent Canadians. Is this too much to ask? This was in reference to Carney. I dont think Carney represents the people very well. It is not a sovereign wealth fund. The name is intended to clash with a real sovereign wealth fund like say Norway has. Basically you need wealth and Canada has the inverse of wealth it has deficits. The fund was created (of course) by debt. It is a bit like borrowing to invest in the stock market rather than trying to invest your savings/income. Canada already has massive federal debt due to insane levels of mismanagment. So why would Canada create such a bizarre 'fund'. Well it is what happens when you put a banker in charge of a country. You get banking solutions to country problems. So now you see why Carney's career path matters. This is just the tip of the iceberg. If you want to know more I can link you to many facets that you might find interesting.
        lovich 6mo ago
        >So now you see why Carney's career path matters. This is just the tip of the iceberg. If you want to know more I can link you to many facets that you might find interesting. Nah I don't. So far I'm batting 11/12 for going down the rabbit hole with anti Carney Canadians before i find out they were in support of the trucker convoy. Benefit of the doubt is gone if you don't open up with actual thought out critique.
alexb_ 6mo ago
Wow! This guy knew a lot about working in an environmental/social/governance framework, AND he knows enough about money to have been an international central banker? I knew Carney was great, but I didn't know he was so well-qualified too.
- adjejmxbdjdn 6mo ago
  Carney was the governor of the Bank of Canada through the financial crisis and Canada was one of the least affected developed countries. To be fair, Canada’s insular banking system also helped limit exposure, but Carney’s handling of the situation was good enough that the UK made him the first non British governor of the Bank of England, during which period he oversaw the whole Brexit saga, where again his handling of the UK economy was extremely highly regarded. There are justifiable question about whether he will be a good PM but he is probably one of the most successful central bankers of all time.

lwansbrough 6mo ago

I guess we shouldn’t do anything because Brookfield exists.

weirdmantis69 6mo ago
I guess we should do stupid corrupt things because Trump exists.
- lwansbrough 6mo ago
  What’s Trump got to do with this? If you invest anything in the Canadian market you probably hold some Brookfield. Carney’s investments are in a blind trust. What more could be done, in your view?
  - petermcneeley 6mo ago
    Perhaps I would have simply had someone different represent Canadians. Is this too much to ask?
    - lwansbrough 6mo ago
      Apparently!
    - givemeethekeys 6mo ago
      Yes, considering everyone else was either utterly incompetent, didn't want the job, or screwed the pooch under pressure.
      - petermcneeley 6mo ago
        Look, I checked my email everyday and didnt see anything.
        givemeethekeys 5mo ago
        Might've gotten lost during a Canada Post strike.
    - lovich 6mo ago
      So you were just complaining because you don’t like the guy?
      - petermcneeley 6mo ago
        Your response is the quality of argument that I have come to expect in Canada.
        lovich 6mo ago
        Well I’m from the US so you’re wrong on that point. Your quality of comment is what I expect from conservatives who think their feelings are reality and complain about shit without making solid inferences or connections. It’s a sovereign wealth fund and you’re complaining that one of the larger Canadian companies is included in it because Carney worked there. Then when pressed you say you wish someone else represented your(presumably you’re Canadian) people. That’s just kvetching.
        petermcneeley 6mo ago
        > Perhaps I would have simply had someone different represent Canadians. Is this too much to ask? This was in reference to Carney. I dont think Carney represents the people very well. It is not a sovereign wealth fund. The name is intended to clash with a real sovereign wealth fund like say Norway has. Basically you need wealth and Canada has the inverse of wealth it has deficits. The fund was created (of course) by debt. It is a bit like borrowing to invest in the stock market rather than trying to invest your savings/income. Canada already has massive federal debt due to insane levels of mismanagment. So why would Canada create such a bizarre 'fund'. Well it is what happens when you put a banker in charge of a country. You get banking solutions to country problems. So now you see why Carney's career path matters. This is just the tip of the iceberg. If you want to know more I can link you to many facets that you might find interesting.
        lovich 6mo ago
        >So now you see why Carney's career path matters. This is just the tip of the iceberg. If you want to know more I can link you to many facets that you might find interesting. Nah I don't. So far I'm batting 11/12 for going down the rabbit hole with anti Carney Canadians before i find out they were in support of the trucker convoy. Benefit of the doubt is gone if you don't open up with actual thought out critique.

alexb_ 6mo ago

Wow! This guy knew a lot about working in an environmental/social/governance framework, AND he knows enough about money to have been an international central banker? I knew Carney was great, but I didn't know he was so well-qualified too.

adjejmxbdjdn 6mo ago
Carney was the governor of the Bank of Canada through the financial crisis and Canada was one of the least affected developed countries. To be fair, Canada’s insular banking system also helped limit exposure, but Carney’s handling of the situation was good enough that the UK made him the first non British governor of the Bank of England, during which period he oversaw the whole Brexit saga, where again his handling of the UK economy was extremely highly regarded. There are justifiable question about whether he will be a good PM but he is probably one of the most successful central bankers of all time.