this post was submitted on 10 Sep 2026
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Mark Carney’s investment summit could pave the way to a corporate carve-up of Canada (breachmedia.ca)
submitted 1 month ago by snoons@lemmy.ca to c/canada@lemmy.ca
5 comments fedilink hide all child comments
 

cross-posted from: https://news.abolish.capital/post/77760

Bay Street has been on a full court press for the government to privatize Canada’s public infrastructure. The Prime Minister might be ready to do it

The post Mark Carney’s investment summit could pave the way to a corporate carve-up of Canada appeared first on The Breach.

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[–] grey_maniac@lemmy.ca 18 points 1 month ago (1 children)

Isn't most of Canada already carved up by corporations. It seems like First Nations, a couple of NDP provinces, and some leftover crown corps are all that's keeping us from being a full corporatocracy.

[–] ThuggyG@piefed.ca 5 points 1 month ago

Yup massive international PE firms now compete in the lower mid market in Canada and retiring owners keep selling to them instead of Canadian entrepreneurs.

[–] AGM@lemmy.ca 7 points 1 month ago (1 children)

I will reserve judgment until I actually see the investments. I have concerns, but whether it's good or bad is all ultimately going to come down to details we don't yet have.

[–] Auli@lemmy.ca 3 points 1 month ago

It well be bad for the majority.

[–] DriftingLynx@lemmy.ca 4 points 1 month ago

Canada started life as nothing more than land stolen and given to corporations. The nation state part came well after that, and has no interest in addressing the monopoly problem that predates it's founding 🤷