Playing with CPP funds – working Canadians’ retirement dollars

PM Mark Carney and the Liberal government have been playing with Canada Pension Plan (CPP) funds, and there appears to be few Canadians noticing this – the government-subsidized mainstream media is not reporting the facts. Technically, the government is not crossing the line and the PM and ministers are quick to state that the investment decisions involving CPP funds are independent of any government direction. However, there are many behind the scenes activities being orchestrated by our global-banker-turned-PM that should alert working Canadians about their retirement savings.

The CPP turned 60 years old in January, and today, working, taxpaying Canadians recognize the CPP as a state-managed, forced retirement savings plan. That is only partly correct. The money collected from working Canadians and their employers and deposited into the CPP is actually managed by the Canada Pension Plan Investment Board (CPPIB). The CPPIB was established in 1997 as an independent body, apart from the…