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Transparency is nowhere to be found. Carney announced lower tolls on Confederation Bridge… but refuses to disclose the millions in taxpayer subsidies that’ll be handed over to the private operator. Anita Anand’s husband is managing director of an investor group that held a 34% stake in the bridge’s parent... show more

Mario Zelaya

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52,502 views • 1 year ago •via X (Twitter)

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With millions in public money handed to private interests and serious questions over transparency and accountability, why hasn’t there been an inquiry into the goings-on on Teesside? Watch the full episode of Page 94, the Private Eye podcast, on YouTube.

With millions in public money handed to private interests and serious questions over transparency and accountability, why hasn’t there been an inquiry into the goings-on on Teesside? Watch the full episode of Page 94, the Private Eye podcast, on YouTube.

Private Eye Magazine

35,253 views • 9 months ago

The US will receive money collected from the Gordie Howe Bridge, prior to Canada recouping the full $6.4 billion it paid to build it, two senior government sources have told Global News. This is despite Mark Carney saying the US would get what was "left over" after Canada serviced debt on the bridge, which the Americans contributed $0 to. The two sources told Global News, the new 15 year agreement stipulates Canada will get 100% of the revenue from the bridge, cash that will be used to pay for things like snow removal and other maintenance costs but not for debt servicing. The money left over, will be split 50/50 with the Americans, who have agreed to put their cut, into an American controlled regional economic development fund. The original deal signed in 2012, said that Canada was to receive 100% of the money from the bridge, until they were made whole for fronting the entire cost of the crossing, a timeline that was estimated to stretch over 50+ years. Once the 15 year side deal is completed the Liberals say the original financial terms come back into force but they have not released the text of what they say is an "agreement in principle" to back up any claims up. On Thursday, Carney said that Canada is "not splitting the tolls of the bridge. It is an agreement for 15 years to split net revenues. Splitting of tolls, any sharing of the toll, won’t happen until all of the debt is repaid." While Carney is correct in saying Canada is not splitting tolls, the overwhelming major of the revenue from the Gordie Howe Bridge, comes from the tolls it collects, revenue Canada is set to share with the US. Both sources indicated it's expected bridge expenses will exceed revenue for at least the first six years, meaning neither side would get money during that period, but that timeline could fluctuate based on the amount of traffic on the bridge #cdnpoli

The US will receive money collected from the Gordie Howe Bridge, prior to Canada recouping the full $6.4 billion it paid to build it, two senior government sources have told Global News. This is despite Mark Carney saying the US would get what was "left over" after Canada serviced debt on the bridge, which the Americans contributed $0 to. The two sources told Global News, the new 15 year agreement stipulates Canada will get 100% of the revenue from the bridge, cash that will be used to pay for things like snow removal and other maintenance costs but not for debt servicing. The money left over, will be split 50/50 with the Americans, who have agreed to put their cut, into an American controlled regional economic development fund. The original deal signed in 2012, said that Canada was to receive 100% of the money from the bridge, until they were made whole for fronting the entire cost of the crossing, a timeline that was estimated to stretch over 50+ years. Once the 15 year side deal is completed the Liberals say the original financial terms come back into force but they have not released the text of what they say is an "agreement in principle" to back up any claims up. On Thursday, Carney said that Canada is "not splitting the tolls of the bridge. It is an agreement for 15 years to split net revenues. Splitting of tolls, any sharing of the toll, won’t happen until all of the debt is repaid." While Carney is correct in saying Canada is not splitting tolls, the overwhelming major of the revenue from the Gordie Howe Bridge, comes from the tolls it collects, revenue Canada is set to share with the US. Both sources indicated it's expected bridge expenses will exceed revenue for at least the first six years, meaning neither side would get money during that period, but that timeline could fluctuate based on the amount of traffic on the bridge #cdnpoli

Mackenzie Gray

213,207 views • 27 days ago

Carney on the Gordie Howe Bridge "We need it because we're expanding, we're still expanding trade." "So look it's a good deal for Canada and what's really good is getting the bridge done on on on on time on budget and to and to build up together." But it wasn't done on budget and that was one of the sticking points Bloomberg "According to a senior government source, Canada will get 50 per cent of the bridge’s toll profits in the first 15 years, with the other 50 per cent going into that economic development fund announced on Friday. But who runs that fund has yet to be determined." Canada was supposed to get the revenue until the bridge was paid off... Carney getting shaken down on a bridge is getting a "good deal"? Would hate to see what his "even better deal" on CUSMA will look like The absolute BS that flies out of his mouth that the media just accepts and repeats...

Carney on the Gordie Howe Bridge "We need it because we're expanding, we're still expanding trade." "So look it's a good deal for Canada and what's really good is getting the bridge done on on on on time on budget and to and to build up together." But it wasn't done on budget and that was one of the sticking points Bloomberg "According to a senior government source, Canada will get 50 per cent of the bridge’s toll profits in the first 15 years, with the other 50 per cent going into that economic development fund announced on Friday. But who runs that fund has yet to be determined." Canada was supposed to get the revenue until the bridge was paid off... Carney getting shaken down on a bridge is getting a "good deal"? Would hate to see what his "even better deal" on CUSMA will look like The absolute BS that flies out of his mouth that the media just accepts and repeats...

cbcwatcher

15,283 views • 1 month ago

For the folks saying it's misinformation to claim Mark Carney is using taxpayer cash to subsidize modular housing, here is his April 8th announcement to provide $25 billion in subsidies to build modular homes. If the industry was profitable, it wouldn't need a cent from taxpayers. The fact skilled trades workers will have to pay taxes to subsidize their competition, is insane. Especially when Brookfield profits off these "investments". Mark Carney is literally ensuring the company he moved to the USA in December 2024, will be raking in taxpayer cash. Pretty easy for a company to make money when they're gifted billions of taxpayer dollars.

For the folks saying it's misinformation to claim Mark Carney is using taxpayer cash to subsidize modular housing, here is his April 8th announcement to provide $25 billion in subsidies to build modular homes. If the industry was profitable, it wouldn't need a cent from taxpayers. The fact skilled trades workers will have to pay taxes to subsidize their competition, is insane. Especially when Brookfield profits off these "investments". Mark Carney is literally ensuring the company he moved to the USA in December 2024, will be raking in taxpayer cash. Pretty easy for a company to make money when they're gifted billions of taxpayer dollars.

Bruce McGonigal

120,287 views • 11 months ago

Carney says he will never be in the private sector again. He thinks carbon markets are one of the reasons why the private sector wants to invest in Canada. He is out of control.

Carney says he will never be in the private sector again. He thinks carbon markets are one of the reasons why the private sector wants to invest in Canada. He is out of control.

Ryan Gerritsen🇨🇦🇳🇱

88,864 views • 2 months ago

While Canadian families were getting absolutely hammered by record-high grocery bills and Trudeau-era economic sabotage, Anita Anand’s husband was cozy on the board of LifeLabs as it raked in over $250 million in fat federal COVID testing contracts — handed out while she sat in cabinet. And that’s not all: the same husband has managed a huge investor stake in the private operator of the Confederation Bridge, complete with government subsidy talks she claims to have recused herself from. None of this was a coincidence. It screams blatant cronyism, insider profiteering, and outright corruption at the highest levels of the Liberal machine. Now these same scandal-plagued ministers expect us to keep shoveling taxpayer dollars their way, even as explosive new evidence reveals Canadian aid to Gaza getting funneled through murky channels straight into the hands of Hamas terrorists. This nonstop Liberal festival of self-dealing, waste, fraud, and betrayal has obliterated whatever shred of trust remained in Ottawa. Enough is enough.

While Canadian families were getting absolutely hammered by record-high grocery bills and Trudeau-era economic sabotage, Anita Anand’s husband was cozy on the board of LifeLabs as it raked in over $250 million in fat federal COVID testing contracts — handed out while she sat in cabinet. And that’s not all: the same husband has managed a huge investor stake in the private operator of the Confederation Bridge, complete with government subsidy talks she claims to have recused herself from. None of this was a coincidence. It screams blatant cronyism, insider profiteering, and outright corruption at the highest levels of the Liberal machine. Now these same scandal-plagued ministers expect us to keep shoveling taxpayer dollars their way, even as explosive new evidence reveals Canadian aid to Gaza getting funneled through murky channels straight into the hands of Hamas terrorists. This nonstop Liberal festival of self-dealing, waste, fraud, and betrayal has obliterated whatever shred of trust remained in Ottawa. Enough is enough.

Dante Rossi

25,429 views • 1 month ago

Holding the most senior Treasury officials to account over the complete lack of respect for taxpayer money right across the public sector. If a private business owner behaved as those in the civil service do with their accounts, that individual would be in prison.

Holding the most senior Treasury officials to account over the complete lack of respect for taxpayer money right across the public sector. If a private business owner behaved as those in the civil service do with their accounts, that individual would be in prison.

Rupert Lowe MP

66,534 views • 8 months ago

Canada is completely changed under Mark Carney. LGBTQ+ members in Canada are openly chanting “we’re coming for your children” at Pride in Toronto. If you’re a parent bringing your kid to this, CPS should be called. This is the country that used to be one of the best to live in. That Canada is dead.

Canada is completely changed under Mark Carney. LGBTQ+ members in Canada are openly chanting “we’re coming for your children” at Pride in Toronto. If you’re a parent bringing your kid to this, CPS should be called. This is the country that used to be one of the best to live in. That Canada is dead.

Lauren Chen

20,351 views • 1 month ago

Underrated moment of the Canadian Prime Minister debate from last night: Bloq Québécois leader Yves-F. Blanchet 🎗⚜️ exposes the insidious corruption of Mark Carney and Brookfield asset management. A company that profits off the crippling energy policy Mark Carney imposes on Canada. A company that shields its money in offshore accounts in tax havens like Bermuda and Cayman Islands. A company that moved its offices from Canada to America. All the while, corrupt Carney continues to refuse to disclose what assets he continues to hold. Carney is not fit for office. He’s fit for jail.

Underrated moment of the Canadian Prime Minister debate from last night: Bloq Québécois leader Yves-F. Blanchet 🎗⚜️ exposes the insidious corruption of Mark Carney and Brookfield asset management. A company that profits off the crippling energy policy Mark Carney imposes on Canada. A company that shields its money in offshore accounts in tax havens like Bermuda and Cayman Islands. A company that moved its offices from Canada to America. All the while, corrupt Carney continues to refuse to disclose what assets he continues to hold. Carney is not fit for office. He’s fit for jail.

Viva Frei

88,188 views • 1 year ago

Yesterday I introduced a Bill in Parliament that aims to protect the NHS from privatisation in trade deals. The NHS is an incredibly important institution to everyone in the UK and deserves to be run in a way that prioritises people, not private profits.

Yesterday I introduced a Bill in Parliament that aims to protect the NHS from privatisation in trade deals. The NHS is an incredibly important institution to everyone in the UK and deserves to be run in a way that prioritises people, not private profits.

Seamus Logan MP

23,297 views • 1 year ago

We all agree on the need for more forestry but this is not the way to go about it. €25 million of public money is being used to help a private company make quick profits with few tangible benefits to the Irish people.

We all agree on the need for more forestry but this is not the way to go about it. €25 million of public money is being used to help a private company make quick profits with few tangible benefits to the Irish people.

Holly Cairns TD

143,093 views • 3 years ago

What Elon Musk says here is wrong. The limiting factor for an economy to turn labor into goods is the strength of the promise known as private property. By offering a credible promise that the fruits of their labor will not be stolen, strong private property incentivizes people to be productive. Printing money steals the fruits of peoples’ labor, thereby weakening the promise of private property. As private property is weakened through money printing, people are more incentivized to steal rather than produce. After all, if the promise of legal ownership is being broken, then why work at all when you can instead get in on the take (through bailouts, subsidies, welfare, etc)? When the promise of private property is strong, capital is accumulated rather than consumed, thereby intensifying productivity. #Bitcoin is money that is extremely difficult to steal and impossible to print. Therefore, Bitcoin is the perfection of private property and an intensification of the productive output of people worldwide.

What Elon Musk says here is wrong. The limiting factor for an economy to turn labor into goods is the strength of the promise known as private property. By offering a credible promise that the fruits of their labor will not be stolen, strong private property incentivizes people to be productive. Printing money steals the fruits of peoples’ labor, thereby weakening the promise of private property. As private property is weakened through money printing, people are more incentivized to steal rather than produce. After all, if the promise of legal ownership is being broken, then why work at all when you can instead get in on the take (through bailouts, subsidies, welfare, etc)? When the promise of private property is strong, capital is accumulated rather than consumed, thereby intensifying productivity. #Bitcoin is money that is extremely difficult to steal and impossible to print. Therefore, Bitcoin is the perfection of private property and an intensification of the productive output of people worldwide.

Robert ₿reedlove

46,055 views • 1 year ago

Why are institutions choosing Flare? "One of the most important aspects of a DAT company is you want to be able to grow your stake in the network" - Hugo Philion

Why are institutions choosing Flare? "One of the most important aspects of a DAT company is you want to be able to grow your stake in the network" - Hugo Philion

Flare ☀️

69,629 views • 11 months ago

€7.4 milllion! That’s how much one company was overpaid for its IPAS contract by the government. A small number of private operators are squeezing a fortune from the public purse and the government is allowing it to happen. No transparency. No accountability. Just blatant profiteering!

€7.4 milllion! That’s how much one company was overpaid for its IPAS contract by the government. A small number of private operators are squeezing a fortune from the public purse and the government is allowing it to happen. No transparency. No accountability. Just blatant profiteering!

Mary Lou McDonald

54,668 views • 10 months ago

#BREAKING: Legendary #Maddow: “Headline: ‘Donald Trump can’t open the Strait of Hormuz, so instead he’s blocking the Strait of Detroit.’ It’s a headline from The Globe and Mail, the Canadian newspaper. The big beautiful new bridge that Trump is not allowing us to use, is a bridge that crosses the Detroit River. It goes from…Detroit…to…Ontario. Canada fully financed and paid for this bridge. It is ready to be opened, it will be the biggest U.S. border crossing in Canada, it will be one of the most important routes for trade in the entire world, the single most important one with one of our two most important trading partners, Canada, but Trump won’t let anybody use it, even though it’s ready, ready to be driven on.” 🤦‍♀️

#BREAKING: Legendary #Maddow: “Headline: ‘Donald Trump can’t open the Strait of Hormuz, so instead he’s blocking the Strait of Detroit.’ It’s a headline from The Globe and Mail, the Canadian newspaper. The big beautiful new bridge that Trump is not allowing us to use, is a bridge that crosses the Detroit River. It goes from…Detroit…to…Ontario. Canada fully financed and paid for this bridge. It is ready to be opened, it will be the biggest U.S. border crossing in Canada, it will be one of the most important routes for trade in the entire world, the single most important one with one of our two most important trading partners, Canada, but Trump won’t let anybody use it, even though it’s ready, ready to be driven on.” 🤦‍♀️

Emoluments Clause

113,223 views • 1 month ago

Canada is supposed to be a transparent democracy, yet we have: - A Finance Minister, Champagne, whose wife works on the $90B Alto rail project - A Prime Minister, Mark Carney, whose wife’s firm Eurasia Group receives millions in government contracts - A Defence Minister, Anand, whose husband is tied to an undisclosed bridge deal This level of family-linked conflicts at the highest levels should alarm every Canadian.

Canada is supposed to be a transparent democracy, yet we have: - A Finance Minister, Champagne, whose wife works on the $90B Alto rail project - A Prime Minister, Mark Carney, whose wife’s firm Eurasia Group receives millions in government contracts - A Defence Minister, Anand, whose husband is tied to an undisclosed bridge deal This level of family-linked conflicts at the highest levels should alarm every Canadian.

The Really Big Show

36,848 views • 4 months ago

Elon Musk in new interview: "One of the reasons I took SpaceX public is so that the public could participate, so they could own a piece of SpaceX, whereas as a private company we're very limited in the number of shareholders we're allowed to have before going public; As a private company we're limited to just a few thousand shareholders." via The Economist:

Elon Musk in new interview: "One of the reasons I took SpaceX public is so that the public could participate, so they could own a piece of SpaceX, whereas as a private company we're very limited in the number of shareholders we're allowed to have before going public; As a private company we're limited to just a few thousand shareholders." via The Economist:

Sawyer Merritt

568,651 views • 20 days ago

Carney's carbon market “that works” will be one of the worst things to happen to Canada. It will guarantee a carbon market that can't be undone with a change of government, as it will be a legal agreement with private businesses rather than legislation, ensuring Brookfield Corporation profits into the future. This isn't building Canada strong, this is making Canada BROKE.

Carney's carbon market “that works” will be one of the worst things to happen to Canada. It will guarantee a carbon market that can't be undone with a change of government, as it will be a legal agreement with private businesses rather than legislation, ensuring Brookfield Corporation profits into the future. This isn't building Canada strong, this is making Canada BROKE.

Moose on the Loose

67,814 views • 2 months ago

Scott on why conviction in an idea is dangerous as an investor but required as a founder: "From the investor seat, I don't think you want to be in love with an idea. That's a risky thing because you'll find a way to express that by investing and make some compromises on the team because you know this idea is just so good, its time has come. But if the team isn't there, 90% of the time it doesn't work. Then there's a whole thing can you swap out the team? But the whole Founders Fund thesis was always no, you need the founder to run the company. But on the company side, you have to be in love with the idea. It's not that rational to start a company. There's a lot easier, more comfortable ways to make money if that's the goal. So it's got to be about what the company is doing specifically. If you want to actually start a company, it better be something that you're really passionate about, or you think that the problem is really important."

Scott on why conviction in an idea is dangerous as an investor but required as a founder: "From the investor seat, I don't think you want to be in love with an idea. That's a risky thing because you'll find a way to express that by investing and make some compromises on the team because you know this idea is just so good, its time has come. But if the team isn't there, 90% of the time it doesn't work. Then there's a whole thing can you swap out the team? But the whole Founders Fund thesis was always no, you need the founder to run the company. But on the company side, you have to be in love with the idea. It's not that rational to start a company. There's a lot easier, more comfortable ways to make money if that's the goal. So it's got to be about what the company is doing specifically. If you want to actually start a company, it better be something that you're really passionate about, or you think that the problem is really important."

Patrick OShaughnessy

33,016 views • 4 months ago