Keep the Canadian pensions out of Trump Wars: Selley

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“‘Canada Al’ pressure is $ 5.6 trillion worth of $ 1.6 trillion,” said Bloomberg News Tearling title this week, this week requires the news of Bloomberg news, Canadian projects to invest more in Canadian projects. This is not a new dispute of any vehicle, and this does not write certain punishments. Quebec’s Caize de Dépôt Quebec has a mandate to invest in Quebec and in the long run “Benchmark portfolio” – ie an index fund (in 2024 Caise lost more than $ 10 billion compared to the portfolio of that standard.)

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But now we live in the world of Donald Trump – again. We are on fire in a nationalist. The nerves are crude, the passions are high, and the stiffness, as difficult and resulting, can begin to look attractive in the name of patriotism. Patriotism never justifies the basis of retirement risk for anything of Canadians, but the best returns to the people who are returning, and, of course, if contributions are not mandatory.

In some relevant news, hits, home battery manufacturer, continue to arrive for Northvolt, Announcing bankruptcy in native Sweden on Wednesday The largest bankruptcy in the country’s history, Swedish newspaper Today’s Industrial Reports. This comes about three months The company protected chapter 11 in the United StatesThe $ 5.8 billion has demanded cash worth $ 30 million against debt.

Federal, Ontario and Quebec governments, as they warn folk money in front of home plants, fell all the way to throw people in house plants

Northvolt has its own problem. But in general, the home market is not just where deep cockphones will go or at least not quickly. A contract worth $ 2.15 billion with BMW, Northvolt was canceled In June last year. The only name in Sweden’s internal burning is only to produce electric vehicles until 2030 or in place to produce electric vehicles. “Customers and markets are moving at different speeds” said CEO Jim Rowan Said in a statement made in September.

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Volvo has been owned by Chinese cars in China since 2010 and has factories in China, because it means Volvo EVS – and Polestar EVS, a Geely-Volvo Kooku – Subject to severe tariffs. This amount in the United States and Canada, as well as the Minister of Industry François-Philippe-Champagne told the CTV news this week The government does not have no retreat plans.

The fact that the billions of taxpayers are already in the air. Quebec “invested” 2.9 billion, the controversial nameshop house project, fed the southern coast of Montreux, and the nutritional $ 4 billion in investment and other “incentives”. The Quebec government has also invested $ 270 million in Sweden’s parents. And then our pensions have a small issue.

Sexual de Dépôt had $ 200 million in the company’s converted debt. Last month, this announced that he wrote until zero. Other Northvolt investors include Ontario municipal employees pension system (an investment of $ 325 million) and investment management corp.

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Obviously, each investment will come well with or without a State Directive to invest in a pension fund, in certain ways. However, the home battery is a perfect example of how such directives can be mistaken: Federal, Ontario and Quebec, the Federal, Ontario and Quebec, fell on all sides in houseplants, even in houseplants. The trust in them would be great for their pension plans to guide them in the same direction.

Merge, merge with Inchoate, reacted by the nationalism Trump launched to view the most patriotism of Canadians and Canadian politicians and the gravity can be more attractive. We must agree: do not politicize the pensions of Canadians.

National Writing
cselley@postmedia.com

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