strange days indeed , bloc motion Canada pension raise

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In Progress
English Video1010
15:37:43
Info
Description Sitting No. 347 House of Commons
Location West Block - Chamber
Scheduled
Wednesday, Oct 2, 2024
14:00 - 19:00
5 Hours
Wednesday, Oct 2, 2024
14:03
Contact
Information
Information website
Title: Mark Carney's Investment from Canada Pension Plan: Examining Potential Conflict of Interest

Introduction:

Recent developments have raised concerns regarding a significant investment of 10 billion dollars by the Canada Pension Plan (CPP) into ventures associated with Mark Carney, the former Governor of the Bank of Canada and the Bank of England. The revelation has ignited debate surrounding potential conflicts of interest and ethical considerations. This knowledge introduction article aims to shed light on the issue, analyzing its implications and discussing both sides of the argument.

Conflicts of Interest and Mark Carney's Background:

Mark Carney, a highly respected and influential figure in the financial world, served as the Governor of the Bank of Canada from 2008 to 2013 and later assumed the role of Governor of the Bank of England until 2020. During his tenure, Carney became well-known for his expertise in monetary policy and his role in steering the global financial system through challenging times.

The Investment Controversy:

News of the 10 billion dollar investment from the CPP, a prominent pension fund, into projects involving Mark Carney has raised eyebrows among observers. Critics argue that such an investment poses a potential conflict of interest, as Carney's professional reputation and connections could be utilized to benefit the ventures funded by the CPP. Furthermore, concerns have been voiced regarding the transparency and accountability of such a substantial investment.

Arguments in Favor of the Investment:

Proponents of the CPP investment highlight several reasons supporting the decision. First, they argue that Mark Carney's knowledge and expertise make him a valuable asset, and his involvement in these projects can significantly enhance their chances of success. Moreover, supporters argue that given Carney's impressive track record as a financial strategist, it is entirely reasonable to assume that he attracts interest and investments.

Ethical Considerations:

The crux of the debate over the CPP investment lies in the ethical implications of potential conflicts of interest. Critics argue that Carney's connection to the CPP investment could undermine public trust in the objectivity of his decision-making, especially if there are conflicts between the interests of the pension fund and his own personal gains. Transparency and disclosure will play a crucial role in ensuring accountability and addressing these ethical concerns moving forward.

Conclusion:

The revelation of the CPP's significant investment in ventures involving Mark Carney has sparked a debate over conflicts of interest and ethical considerations. Understanding the potential implications of such investments is crucial in maintaining public trust in the financial system and the individuals involved. As the situation unfolds, close scrutiny, transparency, and due diligence will be necessary to address these concerns and safeguard the integrity of the financial sector.

Described in Section 29 of the Copyright Act of Canada, Fair Dealing permits the limited use of copyright protected material without the risk of infringement and without having to seek the permission of copyright owners. It is intended to provide a balance between the rights of creators and the rights of users.

[dootdoot]

One thing we should spend on. These men and women built this country and are in their twilight. Let them have respect and dignity.

[joelinasia]

Definitely give Canadian seniors some more money. In fact, take it from the cash earmarked for foreign aid. While this country is in debt and is taxing the living hell out of its' citizens, not one damned penny should be donated to foreign governments. Nobody voted for that BS.

[nooa]

Fergus has frozen all bills until Turdo gives unredacted SDTC papers to the RCMP. This is HUGE.

Canada must become a Constitutional Republic that has a Bill of Rights, that up holds Individual Sovereignty against the powers of
all levels of Government. WE THE PEOPLE and only WE THE PEOPLE have the Right to Govern ourselves. We find these Truths to
be Self Evident

[djftremblay]

Funny how trudeau keeps saying we got canadians back and he and his bunch of crooks voted no.

[lynnb-TruckWEFCarney]

With inflation through the roof, why would ANYONE vote no to giving seniors a raise to keep them off the streets? How absurd!

[Pamelaandjoulepii]

Stop corporate welfare and support all Canadian seniors across the country.

[geedubb-qu]

Wonder how those old Liberals over 65 feel about their Liberal MP’s they voted for?

[lailamadsen]

I would love a hike in my oac but were is the money coming from. How about getting rid of Sock Boys Carbon tax and poof more money

[cathypennington]

I hope it goes through seniors need the money

[criz]

Im sure those who voted no...would def vote for a political raise

[psalm]

Is this a CPP or OAC ? Either way thank you Conservatives for the vote 🇨🇦❤️. As for dental, does nothing for me, have all my teeth, no food to chew it with 😂

[BestLife]

While Canadians now own deluxe accommodation in New York, can I book a week? Vacation Rental By Owners!

[seancox]

Liberal MPs Cormier, Kelloway, McDonald and Long voting Yea for this bills against the Liberal party….. This could be the beginning of a turning point! I know McDonald plans to run for provincial politics in the province of NL so voting against a bill that would benefit seniors would be unpopular for his political future. Kudos to the 3 New Brunswick MPs to vote to support our seniors as well!!!!

[debra]

This is probably the only thing I'd ever agree with the Bloc on

[djftremblay]

As a Quebecois i dont like the bloc at all, but right now, even if PP goes in its not guaranteed that the prices of goods will go down.

The seniors got hit very hard, i know a few and they are very tight $$.

This raise is long overdue

Now lets see if they can provide before end of the month, if not the bloc will vote non confident

[debbiebarrett]

Now there's eggs on Trudeau's and the Liberal Party's face!

[ernestjensen]

They should hava made this a xonfidence vote

[linejumper]

The corner is much smaller for the libs now. Gonna be some crazy cupcakes on the 28th.

[shuvmesumknowlegde]

Well the Liberals have no choice but to concede, if not that will be a motion for non confidence.