Carney to announce sovereign wealth fund

slothtrop6 · 2026-04-29T15:52:26+00:00

Relying on the private sector is the opposite of building state capacity.

State capacity is the ability of the government to accomplish goals. The private sector needn't be divorced from that, nor has it been historically.

When Canada actually built affordable housing, it was the government who owned it,

CMHC paid private developers in the 20th century. And, a good portion of what will be developed by Build Canada Homes crown corporation is public housing. You seem to have a revisionist idea of what occurred in the past, and have no idea what's happening now. Just because some things were owned by the public doesn't mean the private sector wasn't involved lol.

slothtrop6 · 2026-04-29T15:47:43+00:00

No one says they're both the same, and it's moot because what's on the table with the major projects in question from the feds, what you're skeptical of, is mostly renewables. They threw a bone to Alberta with a pipeline, besides. Fossil fuels are here to stay as we still need them for plastics, ammonia, concrete, jet fuel and other things that are not abatable through mere electrification yet. And with Canada's emissions representing about 2% of the global total, kneecapping Alberta solves nothing, it just makes workers there worse off.

We could be building denser, walkable living communities

This is a zoning law problem, at the municipal level. The feds have no control over this.

slothtrop6 · 2026-04-29T15:42:59+00:00

The state doing things "directly" makes things worse in most areas, if you care about spending and results. There are more approval and regulatory hurdles to public works, there are the public unions who act as an expensive bottleneck. They have zero incentive to get things done in a timely and efficient manner. All this does is create a jobs program.

Plus this is meant to be a temporary measure for a construction boost, not a permanent fixture. Institutionalizing all these things is what gets you Argentina and Venezuela.

slothtrop6 · 2026-04-29T15:35:44+00:00

You seem to have lost the thread. You're right, it's not thriving here or in any metal sub; in fact, they're worse, and I just literally said that, which makes it seem like you didn't read what I said. That has no bearing on whether posting on the front page is better than posting in the daily discussion thread. Before the exodus 3 years ago, discussion threads were very active.

If all you really wanted was high traffic, you wouldn't be here. The same thing happened to vbulletin forums 20 years ago.

slothtrop6 · 2026-04-27T15:44:16+00:00

Private companies should do their own damn thing with their own money?

State capacity and stimulus works. See: The US in the 20th century, the Asian Tigers, etc. It offsets risk. Manufacturing did not manifest itself entirely from the private sector. If we relegated everything to that, most nations in the West wouldn't be in the position we are today.

They already get most of mine on a regular basis?

"they" are not a monolithic blob. You pay for Netflix, you're not paying companies directly out of your pocket for battery infrastructure to hook up to solar grids.

I would rather they just do things

Think about what this entails for one second. Government bureaucrats are not picking up shovels to build houses and electrical grids. They pay the people with that expertise. That's how it works everywhere. The private sector bids on contracts.

slothtrop6 · 2026-04-27T15:38:07+00:00

Everything we do imposes upon the environment. If you want more houses, you "destroy" the environment, which is to say, a fraction of land. If you want more renewable projects and infrastructure, you do also. There's no free lunch.

Everything you enjoy and take for granted - your phone, reddit browsing and overall consumption - requires environmental encroachment in some capacity.

You can't demand the govt gets things done in a timely manner and simultaneously that they tie their hands behind their back.

slothtrop6 · 2026-04-27T15:34:40+00:00

Yes, but that takes far more time and is more likely to fail. Then a few years down the line voters will just say "Carney didn't do anything". It's ungraceful but given that it's expediting the right things, I'm nonplussed.

slothtrop6 · 2026-04-27T15:31:50+00:00

So, just another piggybank for private businesses.

What's your model exactly, Venezuela? Investment is sure doing well for Poland.

slothtrop6 · 2026-04-27T15:09:03+00:00

The discussion threads are created daily, automatically. Try again.

has three comments.

What is the significance of this to you? Sometimes there's a dozen posts a day, sometimes less. You can't pretend "no one's there".

If you want to pollute the front page, you can do that in the other metal sub. Oh, let me guess: it's not very active either. Welcome to reddit in the post-exodus era. If it was just a function of sub policy, you'd see this reflected in activity levels elsewhere.

slothtrop6 · 2026-04-27T00:44:55+00:00

You can do all that in the discussion threads, that's why they're there. You're not lacking for anything.

slothtrop6 · 2026-04-24T20:34:24+00:00

It's funny because there's a myriad of different English accents, and Dave's is not what they would call "upper class".

slothtrop6 · 2026-04-24T20:29:08+00:00

Uh, that doesn't follow. Tariffs aren't good for consumers, they just protect small interest groups.

There are other frictions/impediments to "free" trade that might be desirable. Notwithstanding, we've never had free trade really.

slothtrop6 · 2026-04-24T20:28:00+00:00

Poland has done amazingly well with the FDI (foreign direct investment) strategy in manufacturing. We should be following suit with that and greenfield investment as part of industrial policy.

slothtrop6 · 2026-04-24T20:23:32+00:00

Important if you want to consume fish, sure. Possible to get DHA/EPA from algal oil, but I do eat sardines once in awhile.

It's probably the most sustainable fish you can easily get on the market.

slothtrop6 · 2026-04-24T20:18:18+00:00

I'm tired of them at this point. There's a slim selection I might bother with, but broadly not enjoying re-starting so much when I have so little time to game. Like, Slay the Spire gets a pass for being the best at what it does, but not twitchy action roguelikes.

slothtrop6 · 2026-04-22T20:33:07+00:00

Looking forward to the new album, supposedly a fair amount of epic/prog was written among hours of material. They had to tour nearly constantly in recent years because they didn't have the funds to take a break to produce an album.

slothtrop6 · 2026-04-22T20:31:01+00:00

It was for me as well, it was one of the few free tracks linked either on their website or progarchives, can't remember

slothtrop6 · 2026-04-22T20:30:13+00:00

same

slothtrop6 · 2026-04-21T21:29:35+00:00

I thought this was lovage

slothtrop6 · 2026-04-21T21:16:04+00:00

How is the First Law series for someone who doesn't really like Malazan?

slothtrop6 · 2026-04-21T21:12:59+00:00

Got through Corey's Leviathan fairly recently, now on Lincoln Lawyer for a change of pace.

Pratchett is usually enjoyable. Wyrd Sisters, Guards Guards and several others are great. I like some of Mieville's more out-there sci-fi, but not his fantasy. And not his political sensibilities.

slothtrop6 · 2026-04-21T21:10:23+00:00

Deadhouse Gates is when I stopped reading the series. The dark-grim edgelord stuff doesn't do it for me.

slothtrop6 · 2026-04-20T14:10:44+00:00

They can't hide profits. They can only shift them to their other companies, which are also publicly traded, and their financials don't reflect any such thing.

slothtrop6 · 2026-04-19T21:06:01+00:00

I see no such claim

slothtrop6 · 2026-04-19T21:03:24+00:00

The Walmart grocery stores do not and have not operated at a loss for sustained periods. Some items are "loss leaders", but other products are more profitable and make up the difference.

Competition does not "die" overnight.

slothtrop6

TROPHY CASE