Economic Sovereignty

Canada’s largest pension funds have steadily decreased their investments in Canada. While diversification is good, the current geopolitical transformation requires a reassessment. All Canadian institutional investors need to consider how they invest in the economic resilience of the Canadian economy and support our sovereignty. With over $2 trillion in assets, the Maple 8 need to reconsider their investment strategies. Canadians expect them to have a broader focus than financial returns only. (Source: Pension plan annual reports)

In the last decade, the share of Canada’s economy owned by non-Canadians has steadily decreased. This is a good thing. The U.S. and other authoritarian countries now increasingly use their own firms as agents of state power and to advance their own national interests. Canada and other democracies need to closely monitor foreign acquisitions. Canada must remain vigilant to ensure our economy remains owned by Canadians. (Source: Statistics Canada)

Canada must remain vigilant that its strategic sectors and industries are not controlled by hostile foreign powers. Large percentages of wholesale trade, manufacturing and natural resources are owned by non-Canadians. This is a risk that should be monitored. (Source: The Canadian SHIELD Institute)