Quote:
Originally Posted by Fuzz
That's not even a win. You'd be taking the deal makers away from the financial centre of Canada. Here are where the CPP investment offices are, notice a pattern?
https://www.cppinvestments.com/contact-us/
That'd be like shooting ourselves(and every other Canadian) in the dick but being happy because we were allowed to own a gun.
Hell, if our APP ends up existing we'd have a better chance of good returns having the office in Toronto.
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In 2023 I really don't think it matters whether the private investment deal makers have offices in Calgary or Toronto for their returns. Those deals are getting done by email, phone, zoom, etc.
Besides, the best investment returns of all time have come from Omaha, Nebraska. I think you'd be extremely hard pressed to demonstrate that having money managed in financial capitals improves returns.