Quote:
Originally Posted by killer_carlson
An article in the National Post discusses "leaked" information from the Liberal's caucus retreat. It is alleged that the Federal Liberals intend to use the CPP to fund the planned federal infrastructure projects.
This deserves its own thread. Are you willing to have the CPP fund infrastructure projects?
http://news.nationalpost.com/2015/01...hidden-agenda/
Some tidbits:
"Pension plans exist for the benefit of the pensioners, not for governments in search of cheap and easy capital pools."
"Canadians considering a vote for Mr. Trudeau may want to consider whether they’re willing to bet their retirement income on him." |
It's difficult to judge this without knowing if similar types of investments have paid off. Taking the article at face value (which is a stretch considering it is the NP), the Liberals stated that other countries have done this in the past with success, maybe it is a great idea? It just depends how you want to spin it I guess.... there isn't really any data or research presented.
The CPP has for a long time been involved in different types of investments, including different public companies development investments. They have in fact been involved in infrastructure investments already since 2006. All of these investments have various risks of return of course.
The Globe and Mail was questioning how the CPP was being used in late 2014:
http://www.theglobeandmail.com/repor...ticle20317649/