From private seniors' homes to energy, unaffordable housing, and privatized infrastructure, Canada's union pension funds are everything the unions say they oppose. Solidarity, whatever!
Pension funds seek out ROI that will protect asset values over the time horizon needed to pay out their obligations to pensioners, so the actual investments are not at all surprising. The problem with Thames water is the decision to privatize it in the first place, and the lack of regulatory oversight. That is true for all of the privatized infrastructure, which is a direct effect of the upside down economy that you have documented in your economic analysis.
Pension funds seek out ROI that will protect asset values over the time horizon needed to pay out their obligations to pensioners, so the actual investments are not at all surprising. The problem with Thames water is the decision to privatize it in the first place, and the lack of regulatory oversight. That is true for all of the privatized infrastructure, which is a direct effect of the upside down economy that you have documented in your economic analysis.
Your point being…
Read it, and Part 2, to see.
https://dougaldlamont.substack.com/p/solidarity-whatever-part-2-canadas?r=9gk0j&utm_campaign=post&utm_medium=web&triedRedirect=true