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avatar_Brent

I am embarrassed for Canada. Carney voters have been duped

Started by Brent, May 07, 2025, 12:42:07 PM

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Brent

The picture is getting even clearer.

Mark Carney was not just some innocent banker who suddenly woke up one morning and thought, "You know what Canada needs? More taxpayer backed climate finance."
No, no.
This masterpiece was years in the making.
First, you help build the global "transition finance" machine.
Then you explain that private capital needs government policy first, because policy makes the investment safe.
Then international reports start talking about how public money, concessional finance, subsidies, and blended climate finance are needed to make private energy projects "bankable."
Translation for normal people:
**The investor gets the upside.
The taxpayer eats the risk.**
Beautiful system.
Then, what do you know, the IFC starts putting money into Brookfield linked transition projects and funds. IFC announced a 100 million dollar investment in Brookfield's Catalytic Transition Fund, plus up to another 75 million dollars for future co investments. Brookfield's fund itself was already targeting billions for climate and transition assets in emerging markets. ([IFC][1])
And now Carney, who helped shape this entire worldview, ends up as Prime Minister of Canada, promoting a Canadian sovereign wealth fund that just so happens to sound like yet another giant public backstop for private capital.
Wow.
What an incredible coincidence.
Nothing suspicious here.
Just a former Brookfield chair, former global climate finance architect, former adviser to Trudeau, former central banker, and current Prime Minister creating the exact kind of public finance machinery that benefits the exact world he came from.
But do not worry.
They will call it "investment."
They will call it "climate leadership."
They will call it "de risking."
They will call it "modernizing the economy."
They will call it anything except what it actually looks like:
**A taxpayer funded safety net for insiders.**
And the best part?
Canadians do not get to pick the projects.
Canadians do not get to pick the winners.
Canadians do not get to opt out.
Canadians just get the bill, the risk, the inflation, the higher energy costs, the lectures, and the privilege of being told this is all for our own good.
Meanwhile, the global finance class gets policy written in the language of public virtue and private profit.
Save the planet.
Save democracy.
Save the rules based order.
Save the transition economy.
And somehow, miraculously, save the portfolios of the people who designed the whole thing.
At some point, "conflict of interest" feels too polite.
This is starting to look like the business model.
Canada is not being led.
Canada is being leveraged.
And Mark Carney did not come to rescue the country.
He came to plug us into the machine.
The new transcript's core allegation is that Carney's sovereign wealth fund idea mirrors the same public finance and private capital playbook he previously discussed around transition finance, policy, and investor returns.  The source is politically charged, but the IFC and Brookfield pieces are real enough to make the conflict question very hard to wave away.

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