Hold the phone… Are they telling me the guy who ran multiple nations’ banks has investments!?!?!?

Link to the summary. (Towards the bottom is a link to an appendix summary statement pdf, you’ll want to click on that.)

Nature

Mounted and framed Washington Capitals jersey, personalized with Carney #24.

Source

The Honourable Donald J. Trump, President of the United States of America.

Man…Fuck Trump.

[Edit] Oh, and Carney is invested in Palantir, along with seemingly every other American big tech company he possibly could be including the likes of Alphabet, Meta, AirBNB, DoorDash, Uber, Amazon, etc. No wonder he rolled over on the DST so easily.

[Edit to the edit] Also American weapons manufacturers such as Lockheed-Martin, Northrop Grumman, L3Harris.

I’m so glad we destroyed the NDP for this…

/s

But no one votes for those politicians

I worked my whole life, saved what I could, and have investments. Does that make me bad?

I doubt many people are claiming that just having investments makes you bad. But depending on the specific nature of the investments, you could be. If someone ran out and invested in GardaWorld (or had them and didn’t divest) after finding out they took part in building that concentration camp in Florida, I’d certainly judge them, as an example. But even casting it as a question of morality is beside the point, I think. It’s a question of conflicts of interest. The personal wealth of our Prime Minister seems to be significantly tied up in the success of American industry. In the context of our current relations with the USA, that doesn’t concern you even a little bit? Particularly considering the honestly pretty soft stance he’s taken towards them post election?

My investments are managed by someone. I made him exclude oil and gas, defence, and others. It’s mostly technology.

For the record, I’m not trying to make any accusations towards you. When I said ‘you’ in the previous comment take it to mean the general you. From the comments of yours I’ve read you seem like a good person to me.

I didn’t take it personally. I’m very comfortable with my investments. I was just calling out the fact that someone who had worked their whole life at an economist and central banker is going to have money and is going to have investments just like every single conservative MP, premier, senator, and MPP does.

I assume it is for transparency, so if he was heavily invested in Bell and then you see laws passed and contracts initiated they favoured Bell over Rogers, then you can see corruption.

I’m still surprised, however, that someone who wrote a whole book about the responsibility market participants have to look beyond immediate personal gain (particularly in relation to climate) would be like, gimme an index fund that doesn’t exclude oil & gas corporations

He probably didn’t specifically choose that fund. He most likely had someone who managed his portfolio. My guy added oil and gas and pipelines and pharma. When I reviewed my holdings I asked him to divest of those things. I still hold pharma but it’s all small research companies, not the huge global players. Most of my stocks are technology.