Authoritarian State of Canada

FalconSlayers

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Canada's factory sector contracted in December at its steepest pace since the early months of the COVID-19 pandemic as the rising cost of manufactured goods crimped demand, data showed on Tuesday. The S&P Global Canada Manufacturing Purchasing Managers' Index (PMI) fell to a seasonally adjusted 45.4 in December from 47.7 in November, its lowest level since May 2020.
 

karn

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Canada's factory sector contracted in December at its steepest pace since the early months of the COVID-19 pandemic as the rising cost of manufactured goods crimped demand, data showed on Tuesday. The S&P Global Canada Manufacturing Purchasing Managers' Index (PMI) fell to a seasonally adjusted 45.4 in December from 47.7 in November, its lowest level since May 2020.
America will have to build a second wall soon .
 

The Juggernaut

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Canadian Pension funds are investing in Indian roads.
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MUMBAI, INDIA — The Canada Pension Plan Investment Board recently announced it has invested the equivalent of almost C$300 million in India’s National Highways Infra Trust, which makes capital investments in maintaining and expanding the India’s highway network.

The proceeds will be used to acquire seven brownfield toll roads, currently owned by the National Highways Authority of India (NHAI), as part of the Government of India’s National Monetisation Pipeline, stated a release.

The newly acquired toll roads will increase the size of the trust’s portfolio from eight to 15 toll roads, all of which have been acquired from the NHAI, a statutory authority set up in 1988 and responsible for developing, maintaining and managing national highways in India.

“India remains a key market for CPP Investments and infrastructure is vital to the country’s economic growth. Our follow-on investment in NHIT deepens our commitment to this highly scalable platform, which has an important role to play in the continued expansion of the Indian road network,” said James Bryce, managing director and head of infrastructure with CPP Investments, in a statement. “We are confident that this investment will continue to deliver high-quality infrastructure across India while generating strong risk-adjusted returns for the CPP Fund.”


This in news about Canadian pension fund investing in road in India. This is from business newspaper from India published on 20th March 2024. It's about half a billion dollar.
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Top Canadian pension funds invest $438 million in Indian highways trust
Two big Canadian pension funds invested a total of C$595 million ($438.3 million) in India's National Highways Infra Trust (NHIT) this week, dialling up their bets on the poll-bound South Asian country's booming infrastructure sector. In the trust backed by the Indian government for developing national highways, the Canada Pension Plan Investment Board and the Ontario Teachers' Pension Plan Board invested C$297 million and C$298 million, respectively, the funds said in separate statements on Tuesday and Wednesday. The investments come as India, where general elections commence next month, has been seeing continued momentum in pre-poll government spending, benefitting construction companies across sectors such as cement, wiring and realty. The share of road-related projects compared to overall tenders grew to 42 per cent in the quarter ended December 2023 from 40 per cent a year earlier, grabbing the largest slice of orders, data from India Ratings & Research showed. Proceeds from the capital raise will be used to acquire seven road concessions across central, eastern and southern India, Ontario Teachers' said, expanding NHIT's portfolio to operations at 15 toll roads.

Canadians seething that Treaudu backstabbed Canadians, buying silence with India by spending taxpayers pension fund.
 
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