/biz/ - Business & Finance

>>52494478
Ontario Teachers' has $242.5B in net assets.

>>52494478
kekd and rekt

>>52494478
Based fuck the leafcucks

do leafs REALLY?

>>52494753
ontario teacher funds has 242.5B in assets and canada's economy is FAR superior to americas' be more butthurt retarded mutt we're richer than you and also better investors!!!

>>52494478
so these people are being fired from their jobs right? how can you educate the youth when you can't even act like a proper adult

>>52494532
so this was just the high risk side of their portfolio?
meh, nothing burger.

>>52494792
holy chink

>>52494795
Are you retarded? Do you think teachers are sitting around picking stocks for their pension funds?

>>52494792
Our economy is literally just real estate tho
T.Realtor

lmao
fuck canadians
and fuck teacher unions

>>52494753
Do you member when they bailed out Celsius AFTER it rugpulled? Leafland is literally the Fed for failed jewish shitcoins scams. Most corrupt politicians probably worldwide.

>>52496960
after covid I've seen enough to know that Canada serves as a pilot for repression, for the hegemon and its vassals in Europe.

>>52494792
Absolute cap from maple syrup gang once again.

I lived in Canada. It's a decrepit poor shithole. The only people with money here are the Chink immigrants using the condos as bank accounts, and about 6 white families who control 90% of the economy.

Everyone else is poor as fuck. You can't even really find nice shit in Canada, because there's such a small market for it. It's just Timmies, pizza joints and burger places laid out randomly in endless identical, decaying strip malls. Like, compare it to Dubai or Hong Kong and it's literally unlivable.

Canada felt like a penal colony.

Your country is dogshit. Everyone in Canada with an ounce of intelligence has left, so domestically everyone's just fat, lazy and stupid.

>>52497154
Are you fucking retarded? The only people who thinks this is an own haven't been following the amounts ALL THE OTHER HEDGE FUNDS have been writing down. Singapore had to right down nearly $300 million in their state hedge fund account. The other anon is right, the Ontario Teachers Pension has less losses than Target.

Literally just look it up on your own instead of being spoon fed information.

>https://finance.yahoo.com/news/singapores-temasek-writes-down-275-235002119.html
>https://techcrunch.com/2022/11/14/softbank-ftx-crypto/
>https://coingape.com/this-hedge-fund-loses-majority-of-funds-ftx-bankruptcy/

>>52494792
>Highest average income $88k
>Average house price $660k
Breh how the fuck do you guys even afford food if you have a house

>>52496898
It's literally not you fucking stupid retard. Go look up what a mine and resources are, then take a look at banking and services. This whole "Canada is only real estate" is fucking retarded.

>>52494478
>95m investment in a 300bn fund

cringe

>>52496898

>>52497243
homes in america are unnaturally cheap which is always funny to watch you mutt cattle whine about your ""high"" housing prices LMAO plus you can fix for 30 years like if you're poor in America you're a fucking moron

>>52497246

>>52494478
isn't it supposed to be

"Ontarios' Teachers" ??

The greatest trick /pol/ ever pulled was convincing anons Canada was a shithole.

>>52497275
I never complained about houses where I live lol. I make 90k a year and bought my house for 87k 5 years ago (3bd 2 bath). The US is the easiest place to build wealth via real estate and investing and people still can't figure it out because they debt max for luxury

>>52497209
ok, and everyone who lives in your barren wasteland is still an uneducated subsistence-level peasant, so who cares how much anyone wrote down?

canada's shit as fuck, 99% of people who live there just don't realise how shit it is because they've never left.

>>52497267
Why is Zambia the only African country that's exporting food? It's the most fertile continent in the world. Why are all the other African countries fucking up?

>because blacks

Zambia is full of them too

>>52497370
>99% of people who live there just don't realise how shit it is because they've never left.
How fucking stupid are you?

>>52494797
no, it was the buying into a ponzi scheme side.

>>52497401
ironic meme given your government freezes your account, takes your kid and euthanizes your dog if you have the wrong opinion, lol

>>52497150
Do you know about the Protocols of Toronto?

>>52497462
It's almost like you have no idea what goes on up here and still can't explain how a bunch of teachers have a pension fund worth $300 billion. He why don't you look up the value of the Canadian Pension Plan (which covers all Canadians) and the Quebec Pension Plan. Real peasant funds, eh?

>Prime Minister Justin Trudeau will be under a great deal of pressure when he testifies next week at the public inquiry examining his government’s invocation of the Emergencies Act. The decision was almost certainly illegal and unconstitutional, and nothing that has been presented at the Public Order Emergency Commission so far suggests otherwise.

When do Biden/Trump testify?

>>52494532
>B
I think you mean M. No way do a couple groups of teachers in some random part of Canada have a quarter of a trillion in assets in just a single pension fund. That would be over 10% of the country’s entire gdp. Each individual would have to have over 10,000,000 each to their name based off of some quick math.

>>52497502
because your government taxes the shit out of you to pay for it all, windowlicker. good job, you learned to redistribute wealth like a communist

also, i don't care about america. i roast the fuck out of america too. difference is americans don't behave like paid shills rabidly promoting their shithole country with infographics, and refuting all criticism.

>>52497587
It’s billions and ontario is the largest province. That said, being a teacher in ontario is the most highly coveted job and they’re essentially treated like celebrities (live in mansions, drive sports cars, etc)

>>52497652
>because your government taxes the shit out of you to pay for it all
It's really amazing how stupid you are. The Ontario Teachers Pension, CPP and QPP are entirely self funded. The contributions they take are only to guarantee what you get back. I bet you're some Euro fag that rely's on an actual government pension that's funded by non-existent tax payers. And I'm not refuting criticism, I'm just refuting your bold face lies.

>>52497587
Canadian Pension are some of the biggest investment funds in the world.

>https://www.pionline.com/article/20151210/ONLINE/151219992/10-largest-canadian-public-pension-funds-assets-top-1-trillion-report
>The top three plans — the C$272.9 billion Canada Pension Plan Investment Board, Toronto; C$240.8 billion Caisse de Depot et Placement du Quebec, Montreal; and the C$154.4 billion Ontario Teachers' Pension Plan, Toronto — are among the top 20 plans worldwide in terms of assets, according to the study.

>>52497864
https://www.cbc.ca/news/business/cppib-annual-earnings-1.5584730
>Net assets for Canada's national pension plan totalled $409.6 billion as of the end of March, up from $392 billion at the end of the previous financial year. The $17.6-billion year-over-year increase included $12.1 billion in net income from its investments. The other $5.5 billion came from contributions of more than 20 million Canadian workers covered by the plan.

>>52497818
Guess that explains why most units provide water included in the rent

>>52497818
ok but you're missing the point - i don't care. no amount of infographics will make me care.

i lived there, it was shit, the people were dumb and poor. it's just that simple. i lived in toronto, that's basically the best you guys have to offer, and even there everythings just low mids. feels like a cheap copy of, like, chicago or atlanta or some mids american city.

then you leave and it's just ghetto shithole towns like newmarket and barrie fullof junkies and peasants

>>52497587
Canadian got organized early in planning their own retirement since we were the first country exposed to proto-austerity

>>52497696
>That said, being a teacher in ontario is the most highly coveted job and they’re essentially treated like celebrities (live in mansions, drive sports cars, etc)
LLRN (literally laughing right now)

>>52497919
>i lived in toronto, that's basically the best you guys have to offer
No wonder you are so fucking retarded. You're a fucking urban fag who has no idea how nature works. You literally went to the only city in Canada that isn't Canadian then complain about going to big box stores in small towns without checking out an inch of nature. I bet you don't shoot, hike, hunt, fish, camp, snowshow, ski, boat, or do anything actually fun. You sound like the type of faggot that waits for a bunch of people to show up some place so then you can consider it a "good time". You're a fucking drone that has no idea how Canada works. No wonder you got filtered. Let me guess, you also hate winter.

>>52497919
>I lived in toronto, that's basically the best you guys have to offer,
Toronto is just the world largest refugee camp.

Effective altruism is when you blow teachers’ retirement funds on dogecoin

>>52497331
Canada have 500k immigrants per year or 1.3% of the total population. I don't think this pic will be true for long

>>52497971
>nAtUrE

nature doesn't make a place good, it's literally just fucking there. you didn't build it or anything.

it's just the absence of civilization.

you're telling me that the best thing to do in your country is sit in an empty, fly-infested bit of bush for no reason talking about how 'beautiful' all the stinging nettles and weeds are?

nature's bullshit, get off your ass and build something interesting on that wasteland.

>>52498017

>>52498011
Those are legal immigrants, and that starts in 2025, so Trudeau has to get there to enact that law. He'll be lucky if he survives the emergency inquiry. Also, those are hand picked, cream of the crop, brain drain other society immigrants. It's not great, but compared to Europe, the UK and holy shit the US. Canada isn't dealing with illegal immigrants at all, so at the very least we can plan for what we are taking in. How the fuck is the US gonna adsorb 11 million illegal immigrants overnight + 2 million illegal a year + 1 million legals?

>>52498011
to be fair, in my experience number of pajeets roughly correlates with country quality. for example, dubai has lots of pajeets, and it's quite nice. canada has less pajeets, and it's shit.

maybe trudeau is secretly based, and importing more pajeets will fix canada

>>52497331
you fucking faggot, here's the original. how many of your other images are shooped to make Leafland look better?

>>52494532
I think it is getting hard

>>52497587
>a couple groups of teachers
it's all teachers in a province with 15 million people. it's billion my dude

>>52497154
good riddance pissant. where are you living now?
>United Parking Lots of Isreal, land of the fee?
>Japan, land of the rising suicide rate and 14h work days?
>Hong Kong or Taiwan, soon to be Chinese clay?
>Anywhere in Afroeurasia?
>Macacoland?
>Austeria?
Even Singapore, New Zealand, Iceland, Monaco, Liechtenstein, and Luxembourg look kinda lousy to me
i'm happy here