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“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Should Canadians be worried that their retirement depends on America? (The Hub)


... the latest disclosure from the Canada Pension Plan Investment Board, the country’s largest pension fund, that its exposure to the United States has increased to nearly half of its total assets (47 percent), up from 42 percent in 2023 and 37 percent in 2019. The numbers were a striking reminder of how much of our long-term retirement security hinges on the stability and openness of the U.S. economy.

The second bit of news was buried in Trump’s new budget proposal. It reportedly includes provisions that could allow the U.S. to override key tax treaty obligations with Canada, giving Washington the unilateral power to impose taxes on Canadian investment returns—including on our pension funds.

Together, these stories highlight a deeper vulnerability than we may be considering: the United States could emerge as a systemic risk to our national wealth ...

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