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Through the Open Door

Transformative Marketing Inspiration

5 May 2025 by Neil Legault

In a world where endless screen time bombards us with a relentless stream of ads, it’s easy to end up feeling hollow—pushed into guilt trips, fear of missing out, or sold things we neither need nor care about. But what if advertising could be different—what if it connected us, inspired us, and honored our shared humanity? Brands rooted in honesty and down-to-earth values already hold the most powerful foundation for storytelling, capable of forging genuine bonds around products we might never buy, yet still feel part of something meaningful.

I just watched the SickKids “Fight for Every Birthday” spot, and I’m honestly speechless. From the very first frame—kids in boxing gloves facing off like seasoned athletes—it grabbed my attention and wouldn’t let go. That blend of surreal visuals and genuine smiles turned the hospital room into an arena where every punch wasn’t just choreography, but a real-life battle for hope. It’s the kind of Distinction and Emotional Storytelling that makes a commercial stick in your mind long after it ends. Seeing actual patients trade blows to win more birthdays felt both daring and authentic, reminding me that the best ads don’t just sell ideas—they make you feel them.

But what really floored me was the clarity of its call to action. There’s no hemming and hawing, just “help us fight”—and suddenly you’re not a spectator but part of the ring. That blend of genuine empathy, rock-solid authenticity, and an unmistakable next step is what turns a moving story into real change. If more campaigns followed this playbook, we’d all walk away inspired—and I’d be hooked, eager to see what brilliance comes next.

  

Where to Donate

Sick Kids Foundation: SickKidsFoundation.com

Want to make a difference for your company, campaign or ideas?

Marketing Company: FCB Canada

Award Winning Marketing Solutions Provider and blog: The Drum

If you know of any other person, group or agency that deserves to be recognized for any excellent work that helps humanity or enhances the human experience please contact me on BlueSky.

I hope you have an inspired day!

Neil

Filed Under: Humanity Inspired Tagged With: Inspired

An AI Psychoanalysis of Trump’s Playbook and a Warning!

5 May 2025 by Neil Legault

After reading ask yourself if it resembles the Ukrainian deal.

When I first approached the AI, I wanted to peel back the layers on Donald Trump’s health, mindset, and his sudden obsession with tariffs. I was puzzled by the international confusion over his “Tariff Man” persona, the Project 2025 blueprint, and especially his repeated claim that Canada should become the “51st state.” At the same time, I couldn’t ignore his pattern of constant lying, relentless gaslighting, narcissistic grandstanding, apparent lack of empathy, and the way he seems to coerce fellow Republican leaders into toeing his line. I also found myself asking how those same tactics might be wielded against other strategic partners—like Greenland and the Panama Canal.

My goal was to understand:

  1. What is Trump’s mental and physical condition, and how do these factors feed into his habitual dishonesty and manipulative rhetoric?
  2. Why is he so fixated on tariffs, and what underlying economic or personal ambitions drive this strategy?
  3. What hidden objectives underlie initiatives like Project 2025, beyond the public-facing policy proposals?
  4. If Canada—or other territories such as Greenland and the operators of the Panama Canal—tried to negotiate with him, what kind of deal would he demand, and what coercive tactics might follow?

My Question:

Please assess Donald Trump’s health and age, along with his rhetoric on tariffs, the U.S. “making loads of money,” and Project 2025. Much of the world is bewildered by these moves which may launch a global recession. The prevailing view paints him as a narcissistic sadist obsessed with personal glory at others’ expense. His tariff strategies seem haphazard and could even spark domestic unrest. I’d like a deep, thorough analysis.

AI Response:

Age and Physical Condition
Donald J. Trump was born on June 14, 1946, making him 78 years old and the oldest president in U.S. history to begin a second term (Wikipedia, Wikipedia). Publicly, he presents as physically vigorous for his age, but medical observers note that the demands of the presidency can tax cognitive and physical stamina, especially at the upper bounds of human longevity (Wikipedia). Formal psychiatric diagnosis is constrained by the American Psychiatric Association’s Goldwater Rule, which forbids clinicians from diagnosing public figures without direct examination (The Guardian).

Psychological Characteristics and Narcissistic Traits
In October 2024, over 200 mental health professionals signed an open letter declaring that Trump exhibits “malignant narcissism,” characterized by grandiosity, lack of empathy, and enjoyment of others’ suffering—traits they argue render him “grossly unfit for leadership” (The Guardian). The letter cites observable behaviors such as “repeated lying,” “reckless disregard for the safety of others,” and “lack of remorse” that align with DSM-5 criteria for antisocial personality features (The Guardian). While critics like psychiatrist Allen Frances maintain that a definitive clinical diagnosis requires in-person evaluation, many observers point to Trump’s persistent blame-shifting, derisive rhetoric, and personal aggrandizement as hallmarks of pathological narcissism (Vox, Financial Times).

Tariff Rhetoric and Economic Narrative
Trump has long styled himself “Tariff Man,” invoking the Gilded Age to claim that 19th-century U.S. tariffs “made so much money… it was when we were the richest our country ever was” (Mises Institute). Since his January 2025 inauguration, he issued sweeping reciprocal tariffs—a 10% baseline on all imports, a 145% levy on most Chinese goods, and substantial penalties on automobiles, steel, and aluminum—asserting that these measures would “level the playing field” for American workers and stimulate domestic manufacturing (The White House, Reuters). The White House cites studies claiming these policies drove reshoring, strengthened key industries, and exerted only fleeting impacts on consumer prices (The White House).

Critical Assessment of Tariff Strategy
Independent economists and market analysts question the coherence of Trump’s tariff framework. James Lucier of Capital Alpha warns that the reciprocal proposals “do not appear to be well thought-out” or constitute a serious negotiation basis (Reuters). Financial markets reacted violently: on April 4, 2025, global equities plunged, the U.S. dollar weakened, and JP Morgan raised the odds of a worldwide recession to 60% by year-end (Reuters). The Financial Times labeled his appeal for public sacrifice—a reference to Christmas toys—as a modern “Marie Antoinette moment,” underscoring the perceived disconnect between elite economic rhetoric and everyday hardships (Financial Times).

Project 2025: Blueprint for a Conservative Overhaul
“Project 2025,” organized by The Heritage Foundation and over 100 conservative groups under the “Mandate for Leadership” banner, offers a detailed policy and personnel playbook for a future conservative administration—calling for sweeping deregulation, reorganization of federal agencies, and placement of ideologically aligned staff in key roles (Mandate for Leadership, American Civil Liberties Union). Though Trump publicly disavows direct ties, reporting shows at least 140 former Trump-era officials contributed, prompting warnings that the project risks entrenching “Trumpism” within the permanent bureaucracy (American Civil Liberties Union, Mandate for Leadership).

Global Confusion and Domestic Polarization
On the world stage, allies and trading partners struggle to interpret the U.S. shift: Canada and Mexico were spared new targeted tariffs on April 2 but still face existing 25% duties on many goods and now confront separate auto-import levies, intensifying supply‐chain pressures (Reuters). President Trump’s description of the post–World War II trade system as having “looted, pillaged, raped, and plundered” American prosperity highlights the hyperbolic tone that has left global markets and governments unsettled (AP News). Domestically, the political fabric is fraying: experts warn that while a full-blown civil war remains unlikely—absent a well-organized rebel force—smaller pockets of armed unrest and the normalization of violent rhetoric could spark localized conflict and widespread disorder (POLITICO, Vanity Fair).

Conclusion and Outlook
Donald Trump’s advanced age, coupled with a public persona marked by confirmed narcissistic tendencies and hard-line economic nationalism, has set the stage for a presidency that both challenges established policy norms and strains international alliances. The clandestine ambitions of Project 2025 further amplify concerns about an erosion of bureaucratic independence and democratic checks. Without a pivot toward coherent, evidence-based policymaking and a tempering of combative rhetoric, the United States risks an escalation of economic turmoil abroad and heightened political violence at home—outcomes that could redefine the nation’s democratic experiment.

My Question:

If Canada were to negotiate with Trump on tariffs what would the new way of trade look like for Canada? Also keep in mind that Trump often said that Canada needs to be it’s 51st state. Please decipher what Trump really wants from Canada and how would a new trade deal look like?

AI Response:

Donald Trump’s repeated invocation of making Canada the “51st state” is a maximalist bargaining strategy rather than a viable constitutional plan. By threatening or imposing 25% tariffs on Canadian imports—steel, aluminum, autos, and more—with the caveat that statehood would erase those duties, he frames Canadian-U.S. trade as a zero-sum subsidy dispute: “The United States can’t subsidize a country for $200 billion a year… We don’t need their cars… or their lumber… But it comes a point when you just can’t do that,” he told reporters in March 2025 (ABC News, Time). His real aim is to force Canada to cede market-access privileges, regulatory autonomy, and control of key resource and manufacturing sectors to U.S. interests via “economic force” rather than outright annexation (Wikipedia).

A new trade deal under this framework would look less like a classic free-trade agreement and more like an economic federation: Canada would agree to eliminate or steeply reduce duties on U.S. machinery, technology, and agricultural goods, align automotive rules with U.S. standards, and open energy, forestry, and mining sectors to majority-U.S. investment. In return, the United States would pledge to remove its reciprocal tariffs, protect agreed Canadian cultural and supply-managed sectors (like dairy and softwood lumber), and guarantee continued access to U.S. markets for Canadian autos and parts. While full statehood remains politically impossible, this arrangement effectively treats Canada as an auxiliary U.S. economic region—maximizing U.S. leverage while allowing Ottawa to retain formal sovereignty and carve out limited exemptions to preserve domestic priorities.

In practice, a “deal” under this framework would force Ottawa to swap sovereign policy choices for tariff exemptions. Canada might be required to:

  • Align product and safety standards (automotive emissions, food labeling, chemical registration) with U.S. agencies rather than its own regulators.
  • Dismantle supply-management quotas in dairy, poultry, and eggs, granting U.S. farmers direct access to Canadian markets.
  • Open energy, mining, and forestry to majority-U.S. investment and cross-border ownership, relinquishing control over pipelines and resource approvals.
  • Adopt U.S. labor and content rules in auto manufacturing (e.g., North American content percentages and wage floors) to benefit U.S. unions and plants.
  • Lift foreign-ownership caps in telecom and finance so U.S. carriers and banks can operate on equal footing.

In exchange, the U.S. would remove its reciprocal tariffs, recognize Canada’s cultural and food-security exemptions, and guarantee continued market access for Canadian firms—but only as long as Ottawa remains “cooperative.” This effectively treats Canada as an economic appendage of U.S. policy, leveraging “economic force” to reshape Canada’s regulatory autonomy and sectoral control without a single shot fired. (Miller Thomson, Wikipedia)

Applying the same logic to Greenland and the Panama Canal

Here’s how Trump would likely proceed:

  1. Greenland: He’d threaten or impose duties on key imports—seafood, minerals, and rare earths—unless Nuuk agreed to open vast tracts of land to majority-U.S. resource leases, align environmental and mining regulations with U.S. standards, and permit American military or infrastructure projects under the guise of “continental security.” Greenland’s sovereignty would remain intact on paper, but policy would effectively answer to Washington’s interests.
  2. Panama Canal: Facing a veto-threatened balance-of-payments dispute, Trump would leverage toll increases or access restrictions on canal traffic. In exchange for tariff relief or reduced tolls, Panama City would have to liberalize its financial sector for U.S. banks, grant U.S. logistics and security firms dominant canal-management roles, and adopt U.S.-style labor and shipping regulations—transforming the Canal Zone into a quasi-federal economic corridor under U.S. oversight.

In each case, Trump’s playbook is consistent: wield economic pain to extract strategic concessions, dismantle local regulatory barriers, and integrate foreign economies tightly under U.S. control—without the messy optics of formal annexation. This “economic force” approach sets a troubling precedent for global order and democratic sovereignty alike.

Long-Term Ramifications of Capitulating to “Economic Force”

A warning

Canada

  • Eroded Sovereignty: With domestic regulations and protected sectors aligned to U.S. standards, Ottawa would lose meaningful control over its own policy levers—from food safety to environmental rules.
  • Economic Dependency: Key industries (dairy, energy, forestry, autos) would become heavily reliant on American capital and market access, reducing Canada’s ability to chart independent trade or investment strategies.
  • Political and Social Backlash: Domestic backlash against perceived “sell-out” policies could fuel regional populism, deepen divisions between provinces, and undermine confidence in federal institutions.

Greenland

  • Resource Exploitation: Majority-U.S. investment in mining, oil, and infrastructure would accelerate extraction of strategic minerals (rare earths, oil), risking long-term environmental damage and depriving local communities of sustainable development.
  • Geopolitical Subordination: By hosting U.S. military or infrastructure projects, Greenland would become a frontline outpost of American strategy, compromising its ability to pursue independent Arctic diplomacy.
  • Cultural Disruption: Rapid in-migration of foreign workers and corporate enclaves could weaken Inuit cultural structures and local governance, exacerbating inequality.

Panama

  • Diminished Revenue Control: Concessions over Canal tolls and financial-sector rules would shrink Panama’s fiscal autonomy, redirecting a larger share of Canal and banking revenues to U.S. firms.
  • Infrastructure Dependence: U.S.-run logistics, security, and transport services on Canal affairs would leave Panama reliant on American expertise—and beholden to Washington’s strategic priorities.
  • Regional Influence Shift: Panama’s weakened independence could embolden U.S. influence across Central America, unsettling the balance of power and provoking domestic unrest among nationalist factions.

Overall, capitulating under Donald Trump’s “economic force” model would deliver short-term tariff relief but saddle Canada, Greenland, and Panama with chronic loss of policy autonomy, heightened social tensions, and deepening economic dependency—effectively transforming each into an adjunct of U.S. strategic and commercial interests.

Filed Under: Humanity and the Future Tagged With: AI, Recession, Tariffs, Trump, World Domination

A message from Canadians to President Zelensky

20 February 2025 by Neil Legault

Нижче подано переклад українською мовою.

To President Zelensky and the brave souls who serve with him.

A message from Canadians.

In these challenging times, it is impossible not to see President Zelensky as a modern beacon of freedom—a leader who carries the spirit and strength reminiscent of the great leaders of days past. His courage and unwavering commitment to his people, his allies, and the freedom of democracy have transformed him into a symbol of hope for the free world in a time of global turmoil.

Many volunteers from many nations have been inspired by him and the people of Ukraine, coming forward to fight in this noble cause. Much like the revered figures who have come before him, President Zelensky stands as a testament to the power of resilience and integrity. His journey reminds us of the indomitable spirits of history’s greatest leaders—individuals who not only fought for freedom but also inspired generations to rise above tyranny.

The troops who follow him are not mere soldiers; they are the steadfast heroes of democracy and freedom, each one a shining example of sacrifice and honor. Their courage has not only fortified Ukraine’s defenses but has also resonated around the world, drawing support and volunteers from diverse nations who share in this fight for liberty.

These brave men and women are a treasure to the free world. Their commitment to upholding the values we hold dear is an inspiring reminder that freedom is a legacy worth fighting for. They embody the spirit of countless heroes throughout history—those who stood up for justice and dignity, even when the odds were against them. Their bravery and determination serve as a rallying cry to all who believe in the power of hope and the promise of a better tomorrow.

Let us take heart in knowing that in the midst of uncertainty, these courageous individuals are lighting the path forward. Their strength and resolve are a call to action for all of us: to remain steadfast, to cherish and defend the freedoms we enjoy, and to support one another in our collective journey toward a more just and peaceful world.

In admiration and solidarity,

One of many Canadians.

Slava Ukraini

https://war.ukraine.ua/donate

https://crisisrelief.un.org/t/ukraine

https://give.redcross.ca/page/UHCA

https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/ukraine-measures/help.html


До Президента Зеленського та сміливих душ, які служать разом з ним.

Повідомлення від канадців.
У ці важкі часи неможливо не бачити в Президенті Зеленському сучасний маяк свободи — лідера, який несе в собі дух і силу, що нагадують про великих лідерів минулих епох. Його мужність та непохитна відданість своєму народові, своїм союзникам і свободі демократії перетворили його на символ надії для вільного світу в час глобальних потрясінь.

Багато добровольців з різних країн були натхненні ним та народом України, виходячи на боротьбу за цю благородну справу. Подібно до шанованих постатей, що були перед ним, Президент Зеленський є свідченням сили стійкості та чесності. Його шлях нагадує нам про незламний дух найвидатніших лідерів історії — осіб, які не лише боролися за свободу, але й надихали покоління підніматися над тиранією.

Військові, що слідують за ним, не просто солдати; це непохитні герої демократії та свободи, кожен з яких є яскравим прикладом самопожертви та честі. Їхня мужність не тільки посилила оборону України, але й знайшла відгук по всьому світу, залучивши підтримку та добровольців з різних країн, що поділяють боротьбу за волю.

Ці хоробрі чоловіки та жінки є скарбом для вільного світу. Їхня відданість захисту тих цінностей, які нам так дорого, є надихаючим нагадуванням, що свобода є спадщиною, за яку варто боротися. Вони втілюють дух безлічі героїв протягом історії — тих, хто виступав на захист справедливості та гідності, навіть коли шанси були проти них. Їхня відвага та рішучість служать закликом до всіх, хто вірить у силу надії та обіцянку кращого завтра.

Нехай наші серця зміцнюються, усвідомлюючи, що посеред невизначеності ці хоробрі люди освітлюють шлях уперед. Їхня сила та рішучість є закликом до дії для всіх нас: залишатися непохитними, цінувати та захищати набуті свободи, а також підтримувати один одного у спільній подорожі до більш справедливого та мирного світу.

З повагою та солідарністю,
Один із багатьох канадців.

Filed Under: My 2 Cents

A Proposal to Strengthen Canada and Unite Canadians

20 February 2025 by Neil Legault

Le français suit l’anglais

Dear Elected Representatives of Our Great Nation,

As Canadians, we take immense pride in our country—but pride alone is not enough to secure a prosperous future for every citizen, especially in an era of rapid technological change. We need a tangible way for all Canadians to share in our nation’s success. By ensuring each of us has a direct stake in Canada’s collective wealth, we reinforce the principle that our voices and contributions truly matter. A spirit of collaboration among all Members of Parliament can make this vision a reality.

I propose the creation of a Canadian Sovereign Wealth Fund—modeled on the successes of Norway and Alaska—to safeguard our shared economic future and provide broad-based security and dividends for all. With AI reshaping our world at an unprecedented pace, the traditional ways of governing and resource management may no longer suffice. We now have an extraordinary opportunity to confront these challenges head-on and shape a future in which every Canadian can thrive.

Given Canada’s abundant resources, a well-managed sovereign wealth fund could become a global benchmark for shared prosperity.


Proposal in Brief

  1. Lifetime Stake in National Projects
    • Allocate a portion of revenues not only from traditional oil and gas activities but also from our diverse and growing mining sector (e.g., precious metals, potash) and electrification projects (e.g., hydro, nuclear, renewable energies) to a central fund.
    • By tapping into multiple resource streams, Canadians would hold a larger, more inclusive stake in our nation’s wealth.
  1. Dividend Payments
    • Distribute a portion of the fund’s earnings to Canadians as regular dividends, ensuring that everyone benefits from our collective resources.
  1. Future-Proofing AI impact with UBI / Wealth Fund
    • As AI-driven automation impacts jobs, a sovereign wealth fund could serve as a financial backbone for social programs, such as a potential Universal Basic Income. This is a crucial step to mitigate the “tsunami” of job displacement we may face
  1. Reinvestment and Growth
    • Reinvest fund gains into Canadian infrastructure, technology, and job-training initiatives to drive sustainable economic development and long-term security.
  1. Canadians
    • By giving all Canadians a real stake in our resource wealth, we ensure that prosperity is shared across the population—fostering a stronger sense of ownership, community and unity in shaping our nation’s future.

Existing Models and Recent Figures

  • Norway’s Government Pension Fund Global
    • Valued at approximately USD 1.4 trillion as of late 2023, making it the world’s largest sovereign wealth fund (Source: Norges Bank Investment Management).
    • Equates to over USD 250,000 per Norwegian citizen, underscoring the significant national benefit.
    • Built primarily on petroleum revenue, with a strong track record of sustainable, globally diversified investments.
  • Alaska Permanent Fund
    • Currently valued at around USD 80 billion (Source: Alaska Permanent Fund Corporation).
    • Pays annual dividends to residents—historically averaging USD 1,000–2,000+ per person.
    • Fund principal is constitutionally protected to ensure long-term growth and benefits for Alaskans.

By leveraging Canada’s abundant natural resources—across oil, gas, mining, electrification etc.—we can build a robust, diversified fund that enriches all Canadians, safeguards against economic uncertainties, and invests back into our collective prosperity. This approach ensures that as Canada’s resource and energy sectors expand, every citizen enjoys a real stake in that growth.

Thank you for considering this idea.

Sincerely,

Neil Legault

Mu address was supplied

A Better Stronger Canada. Support Canadiens, Buy Canadian.

https://actionnetwork.org/petitions/pledge-for-canada-petition

https://www.candocanada.ca

Below is a summarized (and not exhaustive) list of notable sovereign wealth funds in existence today.

Below is a summarized (and not exhaustive) list of notable sovereign wealth funds (SWFs) and similar state-level investment vehicles, along with approximate asset sizes (where available) and highlights of how they benefit their respective populations. Please note these figures can fluctuate with market conditions and official disclosures, so they should be viewed as estimates:


North America

  1. Alaska (United States) – Alaska Permanent Fund
    • Approx. Assets: USD 70–80 billion
    • Key Benefit: Annual dividends paid directly to Alaskan residents (historically around USD 1,000–2,000 per person).
    • Purpose: Created from oil revenues to preserve wealth for future generations and provide direct benefit to citizens.
  2. Texas (United States) – Permanent School Fund
    • Approx. Assets: USD 50+ billion
    • Key Benefit: Supports public education funding in Texas.
    • Purpose: Derived from land and mineral royalties, helping finance K-12 schools.
  3. New Mexico (United States) – Land Grant Permanent Fund
    • Approx. Assets: USD 20+ billion
    • Key Benefit: Provides ongoing funding primarily for public education and other state institutions.
    • Purpose: Invests royalty income from state lands and minerals to benefit current and future generations.
  4. Alberta (Canada) – Alberta Heritage Savings Trust Fund
    • Approx. Assets: CAD 20+ billion (around USD 15+ billion, variable with currency rates)
    • Key Benefit: Income streams contribute to provincial programs; historically designed to save resource revenues for future generations.
    • Purpose: Began with oil and gas royalties, meant to diversify and stabilize provincial finances.

Europe

  1. Norway – Government Pension Fund Global
    • Approx. Assets: USD 1.3–1.4 trillion (the world’s largest SWF)
    • Key Benefit: Fund profits help finance part of the national budget, ensuring the petroleum wealth benefits both current and future Norwegians.
    • Purpose: Built on petroleum revenues; invests globally across various asset classes with a long-term outlook.
  2. Ireland – Ireland Strategic Investment Fund
    • Approx. Assets: EUR 11–12 billion
    • Key Benefit: Investments aimed at economic development within Ireland, supporting infrastructure and innovation.
    • Purpose: Formerly the National Pensions Reserve Fund, now focused on domestic, long-term growth projects.
  3. Russia – National Wealth Fund
    • Approx. Assets: USD 150–200 billion (can vary significantly)
    • Key Benefit: Supports government finances, including pension liabilities and fiscal stabilization.
    • Purpose: Accumulates surplus revenue from oil exports; used to safeguard national financial stability.

Middle East

  1. United Arab Emirates (Abu Dhabi) – Abu Dhabi Investment Authority (ADIA)
    • Approx. Assets: USD 800–900+ billion
    • Key Benefit: Diversifies Abu Dhabi’s oil wealth into global investments for long-term prosperity.
    • Purpose: Stabilize and grow the emirate’s financial reserves, ensuring economic security.
  2. Saudi Arabia – Public Investment Fund (PIF)
    • Approx. Assets: USD 600–700+ billion
    • Key Benefit: Funds mega-projects and economic diversification under the Saudi Vision 2030 plan.
    • Purpose: Transform and diversify the Saudi economy beyond oil.
  3. Kuwait – Kuwait Investment Authority (KIA)
    • Approx. Assets: USD 700+ billion (includes the Future Generations Fund)
    • Key Benefit: Secures financial resources for post-oil era and stabilizes the national budget.
    • Purpose: Oldest SWF in the world; invests oil revenues globally to build long-term wealth.
  4. Qatar – Qatar Investment Authority (QIA)
    • Approx. Assets: USD 450+ billion
    • Key Benefit: Diversifies the nation’s wealth from natural gas revenues, invests in high-profile global assets.
    • Purpose: Maintain sustainable income and reduce reliance on hydrocarbon revenues.
  5. Oman – Oman Investment Authority
    • Approx. Assets: Estimated USD 40+ billion
    • Key Benefit: Consolidates key state-owned assets, invests to support economic diversification.
    • Purpose: Merged earlier Omani SWFs to better manage and develop national wealth.
  6. Bahrain – Mumtalakat Holding Company
    • Approx. Assets: USD 15+ billion
    • Key Benefit: Invests in diversified sectors to reduce reliance on oil.
    • Purpose: Develops Bahrain’s economic base and generates returns for the government.

Asia

  1. China – China Investment Corporation (CIC)
    • Approx. Assets: USD 1–1.2 trillion
    • Key Benefit: Invests part of China’s large foreign exchange reserves for higher returns and diversification.
    • Purpose: Reduce exposure to low-yield US Treasuries and other reserve assets, while securing strategic interests.
  2. Singapore – GIC Private Limited (GIC)
    • Approx. Assets: USD 700+ billion
    • Key Benefit: Long-term global investment returns help fund Singapore’s budget and national reserves.
    • Purpose: Preserve and enhance the purchasing power of Singapore’s reserves for current and future generations.
  3. Singapore – Temasek Holdings
    • Approx. Assets: USD 280–300 billion
    • Key Benefit: Dividend returns to the Singapore government, invests in strategic domestic and global companies.
    • Purpose: Commercially driven entity to foster economic growth and financial returns.
  4. Hong Kong – Hong Kong Monetary Authority (Exchange Fund)
    • Approx. Assets: USD 500+ billion
    • Key Benefit: Backstops the Hong Kong dollar’s peg to the US dollar, ensures monetary stability.
    • Purpose: Manages Hong Kong’s reserves, invests globally to stabilize local currency and markets.
  5. South Korea – Korea Investment Corporation (KIC)
    • Approx. Assets: USD 200+ billion
    • Key Benefit: Invests part of Korea’s foreign exchange reserves for higher long-term returns.
    • Purpose: Diversify reserves and strengthen national wealth.
  6. Malaysia – Khazanah Nasional Berhad
    • Approx. Assets: USD 30+ billion
    • Key Benefit: Oversees strategic investments to drive economic development in Malaysia.
    • Purpose: Manages commercial and strategic stakes in multiple domestic sectors.
  7. Azerbaijan – State Oil Fund of the Republic of Azerbaijan (SOFAZ)
    • Approx. Assets: USD 45+ billion
    • Key Benefit: Stabilizes government revenues from oil, invests in projects for future generations.
    • Purpose: Reduce resource dependency, support infrastructure, and human capital development.
  8. Kazakhstan – Samruk-Kazyna
    • Approx. Assets: USD 65+ billion
    • Key Benefit: Consolidates state-owned companies; invests for national economic diversification.
    • Purpose: Develop strategic sectors, reduce reliance on commodities.
  9. Vietnam – State Capital Investment Corporation (SCIC)
    • Approx. Assets: USD 1–2 billion (relatively small, but growing)
    • Key Benefit: Holds and manages state-owned enterprise shares, invests to improve returns.
    • Purpose: Streamline and restructure state ownership to be more market-driven.
  10. Turkey – Turkey Wealth Fund
    • Approx. Assets: USD 40+ billion
    • Key Benefit: Develops strategic projects, invests in domestic growth industries.
    • Purpose: Strengthen Turkey’s economy and create long-term wealth.

Oceania

  1. Australia – Future Fund
    • Approx. Assets: AUD 200+ billion (USD 140–150 billion)
    • Key Benefit: Covers the Australian government’s future superannuation (pension) liabilities.
    • Purpose: Reduce pressure on the federal budget regarding public servant pensions.
  2. New Zealand – New Zealand Superannuation Fund
    • Approx. Assets: NZD 60+ billion (USD 40–45 billion)
    • Key Benefit: Helps fund future pension costs and reduce the tax burden on future generations.
    • Purpose: Invest global and domestic assets to meet long-term retirement obligations.

Latin America

  1. Chile – Economic and Social Stabilization Fund (ESSF) & Pension Reserve Fund
    • Approx. Assets: Combined ~USD 25–30 billion (fluctuates with copper revenues and disbursements)
    • Key Benefit: Stabilizes government budgets against commodity price swings and supports pension obligations.
    • Purpose: Derived primarily from copper exports; used for budgetary shortfalls and pensions.
  2. Brazil – Fundo Soberano do Brasil
    • Status: Has been utilized, restructured, or suspended over time; approximate holdings vary.
    • Key Benefit: Originally aimed at smoothing economic volatility, though it has seen political changes.
    • Purpose: Created to act as a stabilization and investment fund; details subject to ongoing policy shifts.
  3. Mexico – Oil Stabilization Funds
    • Status: Several mechanisms historically used to stabilize budgets from oil revenue fluctuations.
    • Purpose: Provide fiscal cushion against commodity price drops; not a classic long-term SWF.
  4. Peru – Fiscal Stabilization Fund
    • Key Benefit: Helps manage budget shortfalls; used in economic crises.
    • Purpose: More of a stabilization mechanism than a traditional investment fund.

Africa

  1. Botswana – Pula Fund
    • Approx. Assets: USD 5–6+ billion
    • Key Benefit: Invests diamond revenue for long-term economic stability.
    • Purpose: Stabilization and long-term savings for Botswana’s diamond wealth.
  2. Nigeria – Nigeria Sovereign Investment Authority (NSIA)
    • Approx. Assets: USD 2–3+ billion (relatively small but expanding)
    • Key Benefit: Comprises three sub-funds for stabilization, infrastructure, and future generations.
    • Purpose: Reduce budget volatility and invest in strategic national development projects.
  3. Angola – Fundo Soberano de Angola (FSDEA)
    • Approx. Assets: USD 3–5+ billion
    • Key Benefit: Invests in infrastructure and diversification away from oil.
    • Purpose: Save and grow oil revenues for long-term national development.
  4. Libya – Libyan Investment Authority (LIA)
    • Approx. Assets: USD 60+ billion (subject to sanctions and governance issues)
    • Key Benefit: Intended to safeguard and grow Libya’s oil wealth.
    • Purpose: Support reconstruction, diversification, and future generations—though politically constrained.
  5. Mauritania – National Hydrocarbon Revenue Fund (FNRH)
    • Purpose: Stabilizes state finances from oil revenues; smaller fund with limited data available.

Additional Notable Funds

  • Timor-Leste – Petroleum Fund of Timor-Leste
    • Approx. Assets: USD 18–20+ billion
    • Key Benefit: Provides the main source of revenue for the government budget, invests internationally.
    • Purpose: Save finite oil and gas revenues for future development and stabilize the economy.

How Sovereign Wealth Funds Benefit Their Citizens

  • Fiscal Stabilization: Mitigate budget shortfalls and protect against volatile commodity prices.
  • Future Generations: Provide long-term savings to ensure economic security after resources are depleted.
  • Direct Dividends: Some funds (e.g., Alaska Permanent Fund) pay annual dividends directly to residents.
  • Public Investments: Many SWFs invest in infrastructure, education, healthcare, and technology, spurring development.
  • Economic Diversification: Reduce reliance on a single commodity or sector, enhancing resilience.

These examples illustrate how governments worldwide harness their natural resource wealth or foreign exchange surpluses to invest for future stability and growth. The specific benefits—be they direct payouts, public services, or economic diversification—vary based on each fund’s objectives, governance structure, and investment strategy. For the most current fund valuations and details, you can visit the SWF Institute website or the official sites of the respective funds.


Chers représentants élus de notre grande nation,

En tant que Canadiens, nous sommes extrêmement fiers de notre pays, mais cette fierté ne suffit pas à garantir un avenir prospère à chaque citoyen, en particulier à une époque où les technologies évoluent rapidement. Nous avons besoin d’un moyen concret pour permettre à tous les Canadiens de participer au succès de notre pays. En veillant à ce que chacun d’entre nous participe directement à la richesse collective du Canada, nous renforçons le principe selon lequel nos voix et nos contributions comptent vraiment. Un esprit de collaboration entre tous les députés peut faire de cette vision une réalité.

Je propose la création d’un fonds souverain canadien, inspiré des réussites de la Norvège et de l’Alaska, afin de préserver notre avenir économique commun et d’offrir à tous une sécurité et des dividendes à grande échelle. Avec l’IA qui remodèle notre monde à un rythme sans précédent, les méthodes traditionnelles de gouvernance et de gestion des ressources risquent de ne plus suffire. Nous avons aujourd’hui une occasion extraordinaire de relever ces défis et de façonner un avenir dans lequel chaque Canadien pourra s’épanouir.

Compte tenu des ressources abondantes du Canada, un fonds souverain bien géré pourrait devenir une référence mondiale en matière de prospérité partagée.

Proposition en bref

  1. Participation à vie aux projets nationaux
  • Affecter à un fonds central une partie des revenus provenant non seulement des activités pétrolières et gazières traditionnelles, mais aussi de notre secteur minier diversifié et en pleine croissance (métaux précieux, potasse, etc.) et des projets d’électrification (hydroélectricité, nucléaire, énergies renouvelables, etc.)
  • En puisant dans de multiples flux de ressources, les Canadiens détiendraient une participation plus importante et plus inclusive à la richesse de notre pays
  1. Versement de dividendes
  • Distribuer une partie des revenus du fonds aux Canadiens sous forme de dividendes réguliers, afin que chacun bénéficie de nos ressources collectives.
  1. Protéger l’avenir de l’impact de l’IA grâce au revenu universel de base et au fonds souverain
  • L’automatisation induite par l’IA ayant un impact sur l’emploi, un fonds souverain pourrait servir de base financière à des programmes sociaux, tels qu’un éventuel revenu universel de base. Il s’agit d’une étape cruciale pour atténuer le « tsunami » de déplacements d’emplois auquel nous pourrions être confrontés.
  1. Réinvestissement et croissance
  • Réinvestir les gains du fonds dans les infrastructures canadiennes, la technologie et les initiatives de formation professionnelle pour favoriser le développement économique durable et la sécurité à long terme.
  1. Les Canadiens
  • En donnant à tous les Canadiens un intérêt réel dans nos richesses en ressources, nous nous assurons que la prospérité est partagée par l’ensemble de la population, ce qui renforce le sentiment d’appartenance, de communauté et d’unité dans la construction de l’avenir de notre nation.

Modèles existants et chiffres récents

  1. Fonds de pension du gouvernement norvégien Global
  • Évalué à environ 1,4 billion USD à la fin de 2023, ce qui en fait le plus grand fonds souverain du monde (source : Norges Bank Investment Management)
  • Équivaut à plus de 250 000 USD par citoyen norvégien, ce qui souligne l’important avantage national
  • Fondé principalement sur les recettes pétrolières, avec un solide historique d’investissements durables et diversifiés à l’échelle mondiale.
  1. Fonds permanent de l’Alaska
  • Actuellement évalué à environ 80 milliards d’USD (Source : Alaska Permanent Fund Corporation)
  • Versement de dividendes annuels aux résidents – historiquement en moyenne 1 000 à 2 000 USD par personne
  • Le capital du fonds est protégé par la constitution afin de garantir une croissance et des avantages à long terme pour les habitants de l’Alaska.

En tirant parti des abondantes ressources naturelles du Canada (pétrole, gaz, mines, électrification, etc.), nous pouvons créer un fonds solide et diversifié qui enrichit tous les Canadiens, les protège contre les incertitudes économiques et réinvestit dans notre prospérité collective. Cette approche garantit qu’au fur et à mesure que les secteurs des ressources et de l’énergie du Canada se développent, chaque citoyen bénéficie d’un véritable intérêt dans cette croissance.

Je vous remercie de prendre en considération cette idée.

Merci pour votre temps et votre intérêt,

Neil Legault

Mon adresse a été fournie

Un Canada meilleur et plus fort. Soutenez les Canadiens, achetez des produits canadiens.

https://actionnetwork.org/petitions/pledge-for-canada-petition

https://www.candocanada.ca/cestpossible

Ci-dessous figure une liste résumée (et non exhaustive) des principaux fonds souverains existants à ce jour.

Ci-dessous figure une liste résumée (et non exhaustive) des principaux fonds souverains existants à ce jour, ainsi que des véhicules d’investissement de niveau étatique similaires. Sont inclus des estimations de la taille de leurs actifs (lorsqu’elles sont disponibles) et un aperçu de la manière dont ils profitent à leurs populations respectives. Veuillez noter que ces chiffres peuvent fluctuer en fonction des conditions de marché et des divulgations officielles, et doivent donc être considérés comme des estimations :


Amérique du Nord

  1. Alaska (États-Unis) – Alaska Permanent Fund
    • Actifs approximatifs : 70–80 milliards USD
    • Avantage clé : Versement annuel de dividendes directement aux résidents d’Alaska (historiquement autour de 1 000–2 000 USD par personne).
    • Objectif : Créé à partir des revenus pétroliers pour préserver la richesse pour les générations futures et procurer un bénéfice direct aux citoyens.
  2. Texas (États-Unis) – Permanent School Fund
    • Actifs approximatifs : Plus de 50 milliards USD
    • Avantage clé : Soutient le financement de l’éducation publique au Texas.
    • Objectif : Dérivé des redevances foncières et minières, il contribue au financement des écoles primaires et secondaires (K-12).
  3. Nouveau-Mexique (États-Unis) – Land Grant Permanent Fund
    • Actifs approximatifs : Plus de 20 milliards USD
    • Avantage clé : Fournit un financement régulier, principalement pour l’éducation publique et d’autres institutions d’État.
    • Objectif : Investit les revenus tirés des redevances sur les terres et les minerais de l’État au profit des générations actuelles et futures.
  4. Alberta (Canada) – Alberta Heritage Savings Trust Fund
    • Actifs approximatifs : Plus de 20 milliards CAD (environ plus de 15 milliards USD, montant variable selon les taux de change)
    • Avantage clé : Les revenus du fonds contribuent aux programmes provinciaux ; historiquement conçu pour épargner les recettes provenant des ressources pour les générations futures.
    • Objectif : Créé à partir des redevances pétrolières et gazières, son but est de diversifier et de stabiliser les finances provinciales.

Europe

  1. Norvège – Government Pension Fund Global
    • Actifs approximatifs : 1,3–1,4 billion USD (le plus grand fonds souverain au monde)
    • Avantage clé : Les bénéfices du fonds aident à financer une partie du budget national, assurant que la richesse pétrolière profite autant aux Norvégiens actuels que futurs.
    • Objectif : Construit grâce aux revenus pétroliers ; investit à l’échelle mondiale dans diverses classes d’actifs avec une vision à long terme.
  2. Irlande – Ireland Strategic Investment Fund
    • Actifs approximatifs : 11–12 milliards EUR
    • Avantage clé : Des investissements axés sur le développement économique en Irlande, soutenant les infrastructures et l’innovation.
    • Objectif : Anciennement le National Pensions Reserve Fund, il se concentre désormais sur des projets de croissance à long terme au niveau national.
  3. Russie – National Wealth Fund
    • Actifs approximatifs : 150–200 milliards USD (peut varier considérablement)
    • Avantage clé : Soutient les finances publiques, y compris les retraites et la stabilisation budgétaire.
    • Objectif : Accumule les revenus excédentaires tirés des exportations de pétrole ; sert à préserver la stabilité financière nationale.

Moyen-Orient

  1. Émirats arabes unis (Abu Dhabi) – Abu Dhabi Investment Authority (ADIA)
    • Actifs approximatifs : 800–900+ milliards USD
    • Avantage clé : Diversifie la richesse pétrolière d’Abu Dhabi en investissant à l’échelle mondiale pour la prospérité à long terme.
    • Objectif : Stabiliser et accroître les réserves financières de l’émirat, assurant sa sécurité économique.
  2. Arabie saoudite – Public Investment Fund (PIF)
    • Actifs approximatifs : 600–700+ milliards USD
    • Avantage clé : Finance des méga-projets et la diversification économique dans le cadre du plan Saudi Vision 2030.
    • Objectif : Transformer et diversifier l’économie saoudienne au-delà du pétrole.
  3. Koweït – Kuwait Investment Authority (KIA)
    • Actifs approximatifs : Plus de 700 milliards USD (y compris le Future Generations Fund)
    • Avantage clé : Assure des ressources financières pour l’ère post-pétrolière et stabilise le budget national.
    • Objectif : Plus ancien fonds souverain au monde ; investit les revenus pétroliers à l’échelle mondiale pour construire une richesse à long terme.
  4. Qatar – Qatar Investment Authority (QIA)
    • Actifs approximatifs : Plus de 450 milliards USD
    • Avantage clé : Diversifie la richesse nationale dérivée du gaz naturel, investit dans des actifs mondiaux de premier plan.
    • Objectif : Maintenir un revenu durable et réduire la dépendance aux hydrocarbures.
  5. Oman – Oman Investment Authority
    • Actifs approximatifs : Estimés à plus de 40 milliards USD
    • Avantage clé : Regroupe les principaux actifs détenus par l’État, investit pour soutenir la diversification économique.
    • Objectif : Fusion de précédents fonds souverains omanais afin de mieux gérer et développer la richesse nationale.
  6. Bahreïn – Mumtalakat Holding Company
    • Actifs approximatifs : Plus de 15 milliards USD
    • Avantage clé : Investit dans des secteurs diversifiés pour réduire la dépendance au pétrole.
    • Objectif : Développer la base économique de Bahreïn et générer des revenus pour le gouvernement.

Asie

  1. Chine – China Investment Corporation (CIC)
    • Actifs approximatifs : 1–1,2 billion USD
    • Avantage clé : Investit une partie des importantes réserves de change de la Chine pour obtenir de meilleurs rendements et diversifier les risques.
    • Objectif : Réduire l’exposition aux obligations américaines à faible rendement et à d’autres actifs de réserve, tout en sécurisant des intérêts stratégiques.
  2. Singapour – GIC Private Limited (GIC)
    • Actifs approximatifs : Plus de 700 milliards USD
    • Avantage clé : Des rendements à long terme provenant d’investissements mondiaux aident à financer le budget de Singapour et ses réserves nationales.
    • Objectif : Préserver et accroître le pouvoir d’achat des réserves de Singapour pour les générations actuelles et futures.
  3. Singapour – Temasek Holdings
    • Actifs approximatifs : 280–300 milliards USD
    • Avantage clé : Verse des dividendes au gouvernement de Singapour, investit dans des entreprises stratégiques à l’échelle nationale et internationale.
    • Objectif : Entité à vocation commerciale pour favoriser la croissance économique et le rendement financier.
  4. Hong Kong – Hong Kong Monetary Authority (Exchange Fund)
    • Actifs approximatifs : Plus de 500 milliards USD
    • Avantage clé : Soutient l’arrimage du dollar de Hong Kong au dollar américain, assurant la stabilité monétaire.
    • Objectif : Gérer les réserves de Hong Kong, investir mondialement pour stabiliser la monnaie et les marchés locaux.
  5. Corée du Sud – Korea Investment Corporation (KIC)
    • Actifs approximatifs : Plus de 200 milliards USD
    • Avantage clé : Investit une partie des réserves de change de la Corée pour obtenir de meilleurs rendements à long terme.
    • Objectif : Diversifier les réserves et renforcer la richesse nationale.
  6. Malaisie – Khazanah Nasional Berhad
    • Actifs approximatifs : Plus de 30 milliards USD
    • Avantage clé : Supervise des investissements stratégiques pour stimuler le développement économique de la Malaisie.
    • Objectif : Gère des participations commerciales et stratégiques dans de nombreux secteurs domestiques.
  7. Azerbaïdjan – State Oil Fund of the Republic of Azerbaijan (SOFAZ)
    • Actifs approximatifs : Plus de 45 milliards USD
    • Avantage clé : Stabilise les revenus du gouvernement issus du pétrole, investit dans des projets pour les générations futures.
    • Objectif : Réduire la dépendance aux ressources, soutenir les infrastructures et le développement du capital humain.
  8. Kazakhstan – Samruk-Kazyna
    • Actifs approximatifs : Plus de 65 milliards USD
    • Avantage clé : Regroupe les entreprises publiques ; investit pour la diversification économique du pays.
    • Objectif : Développer les secteurs stratégiques et réduire la dépendance aux matières premières.
  9. Vietnam – State Capital Investment Corporation (SCIC)
    • Actifs approximatifs : 1–2 milliards USD (relativement modeste, mais en expansion)
    • Avantage clé : Détient et gère les participations des entreprises publiques, investit pour améliorer les rendements.
    • Objectif : Rationaliser et restructurer la propriété étatique pour la rendre plus orientée vers le marché.
  10. Turquie – Turkey Wealth Fund
  • Actifs approximatifs : Plus de 40 milliards USD
  • Avantage clé : Développe des projets stratégiques, investit dans les secteurs de croissance nationaux.
  • Objectif : Renforcer l’économie turque et créer une richesse à long terme.

Océanie

  1. Australie – Future Fund
    • Actifs approximatifs : Plus de 200 milliards AUD (140–150 milliards USD)
    • Avantage clé : Couvre les futures obligations de retraite (superannuation) du gouvernement australien.
    • Objectif : Réduire la pression sur le budget fédéral liée aux pensions de la fonction publique.
  2. Nouvelle-Zélande – New Zealand Superannuation Fund
    • Actifs approximatifs : Plus de 60 milliards NZD (40–45 milliards USD)
    • Avantage clé : Contribue au financement futur des retraites et réduit la charge fiscale pour les générations à venir.
    • Objectif : Investir dans des actifs mondiaux et nationaux afin de répondre aux obligations de retraite à long terme.

Amérique latine

  1. Chili – Economic and Social Stabilization Fund (ESSF) & Pension Reserve Fund
    • Actifs approximatifs : Entre 25 et 30 milliards USD au total (varient selon les revenus du cuivre et les dépenses)
    • Avantage clé : Stabilise le budget du gouvernement face aux fluctuations des prix des matières premières et soutient les retraites.
    • Objectif : Principalement alimenté par les exportations de cuivre ; utilisé pour compenser les déficits budgétaires et financer les retraites.
  2. Brésil – Fundo Soberano do Brasil
    • Statut : A fait l’objet d’utilisations, de restructurations ou de suspensions au fil du temps ; les montants approximatifs varient.
    • Avantage clé : Initialement conçu pour lisser la volatilité économique, bien qu’il ait connu des modifications politiques.
    • Objectif : Créé pour servir de fonds de stabilisation et d’investissement ; les détails dépendent des politiques en vigueur.
  3. Mexique – Oil Stabilization Funds
    • Statut : Plusieurs mécanismes historiquement utilisés pour stabiliser les budgets face aux fluctuations des revenus pétroliers.
    • Objectif : Fournir un coussin budgétaire contre les baisses de prix des matières premières ; pas un fonds souverain à long terme classique.
  4. Pérou – Fiscal Stabilization Fund
    • Avantage clé : Aide à gérer les déficits budgétaires ; utilisé en période de crise économique.
    • Objectif : Fonctionne davantage comme un mécanisme de stabilisation que comme un fonds d’investissement traditionnel.

Afrique

  1. Botswana – Pula Fund
    • Actifs approximatifs : 5–6+ milliards USD
    • Avantage clé : Investit les revenus tirés des diamants pour assurer la stabilité économique à long terme.
    • Objectif : Agit comme un fonds de stabilisation et d’épargne à long terme pour la richesse diamantaire du Botswana.
  2. Nigéria – Nigeria Sovereign Investment Authority (NSIA)
    • Actifs approximatifs : 2–3+ milliards USD (relativement modeste mais en croissance)
    • Avantage clé : Composé de trois sous-fonds destinés à la stabilisation, aux infrastructures et aux générations futures.
    • Objectif : Réduire la volatilité budgétaire et investir dans des projets de développement nationaux stratégiques.
  3. Angola – Fundo Soberano de Angola (FSDEA)
    • Actifs approximatifs : 3–5+ milliards USD
    • Avantage clé : Investit dans les infrastructures et la diversification, au-delà du pétrole.
    • Objectif : Épargner et faire fructifier les revenus pétroliers pour le développement national à long terme.
  4. Libye – Libyan Investment Authority (LIA)
    • Actifs approximatifs : Plus de 60 milliards USD (soumis à des sanctions et à des problèmes de gouvernance)
    • Avantage clé : Vise à protéger et accroître la richesse pétrolière libyenne.
    • Objectif : Soutenir la reconstruction, la diversification et les générations futures—bien que limité par des contraintes politiques.
  5. Mauritanie – National Hydrocarbon Revenue Fund (FNRH)
    • Objectif : Stabilise les finances publiques grâce aux revenus pétroliers ; fonds de taille plus modeste avec des données limitées.

Fonds supplémentaires notables

  • Timor-Leste – Petroleum Fund of Timor-Leste
    • Actifs approximatifs : 18–20+ milliards USD
    • Avantage clé : Fournit la principale source de revenus pour le budget gouvernemental, investi à l’international.
    • Objectif : Épargner les revenus limités du pétrole et du gaz pour le développement futur et stabiliser l’économie.

Comment les fonds souverains profitent à leurs citoyens

  • Stabilisation budgétaire : Atténuer les déficits budgétaires et se protéger contre la volatilité des prix des matières premières.
  • Générations futures : Constituer une épargne à long terme pour assurer la sécurité économique une fois que les ressources naturelles seront épuisées.
  • Dividendes directs : Certains fonds (ex. : Alaska Permanent Fund) versent chaque année des dividendes directement aux résidents.
  • Investissements publics : De nombreux fonds souverains investissent dans les infrastructures, l’éducation, la santé et la technologie, stimulant ainsi le développement.
  • Diversification économique : Réduire la dépendance à une seule ressource ou un seul secteur, renforçant ainsi la résilience.

Ces exemples montrent comment les gouvernements du monde entier exploitent leurs ressources naturelles ou leurs excédents de réserves de change pour investir en vue d’une stabilité et d’une croissance future. Les avantages spécifiques—qu’il s’agisse de dividendes directs, de services publics ou de diversification économique—varient en fonction des objectifs, de la gouvernance et de la stratégie d’investissement de chaque fonds. Pour obtenir les évaluations les plus récentes et des informations détaillées, vous pouvez consulter le site du SWF Institute ou les sites officiels des fonds concernés.

Filed Under: My 2 Cents

A broken world and a broken Canada.

2 February 2025 by Neil Legault

Le français suit l’anglais

A grass movement email sent to Canadian Parliament Leaders

media@markcarney.ca; Justin.Trudeau@parl.gc.ca; pierre.poilievre@parl.gc.ca; Jagmeet.Singh@parl.gc.ca; Yves-Francois.Blanchet@parl.gc.ca; dominic.leblanc@fin.gc.ca; mary.ng@parl.gc.ca; francois-philippe.champagne@parl.gc.ca; ahmed.hussen@parl.gc.ca

And I CCed the news and petition groups

ottawanews@ctv.ca; cbcnewsottawa@cbc.ca; montreal@globalnews.ca; communications@my.votemessenger.net; action@taxpayer.com

 

Dear Mr. Carney, Mr. Poilievre and all our elected officials,

I have voted Liberal for many years and consider myself a moderate liberal. However, like many Canadians, I am no longer proud of what our country has become.

Over the past 20+ years, we have been burdened by questionable politics, and Canada’s once-strong global reputation has faded. We used to be known as a model nation—a beautiful country with proud, supportive citizens.

In recent years, cooperation between provinces has deteriorated, and as a result, our shared values and pride have diminished. On the global stage, Trump’s disruptive influence and potential future U.S. economic troubles—along with opportunistic moves by countries like China, North Korea, and Russia—mean the world order is shifting dramatically.

Mr. Carney, I respect your personality and character, but we Canadians cannot afford more of the same. Each new Liberal Prime Minister initially inspired hope, yet we continue to fall behind.

Despite our rich resources and talent, we lag behind other nations. Why?

Your plan to “redo” the carbon tax is also concerning. Canadians want to protect the environment, but doubling oil production in Alberta for export while taxing Canadians at home to curb usage feels hypocritical.

If we truly aim to “save the planet,” our policies must reflect those moral intentions.

We urgently need bold, new leadership to address these turbulent times. Radical changes and a clear vision are necessary, or I—like many Canadians—will consider switching my vote to Pierre Poilievre, who appears prepared to stand up to external pressures.

Pierre, I have watched you on many occasions and appreciate much of what you stand for. I once felt similarly about Justin, based on his promises. However, I worry that your own commitments may also fall short due to internal political bickering and a government unwilling to focus on truly helping Canadians and ensuring Canada’s success.

That said, my hope is for all elected officials to work together and restore a sense of pride and opportunity in Canada. Our children deserve a country where they can afford to live and thrive. We have squandered years without strengthening our nation. Please help us rebuild Canada into the prosperous, united country it once was.

Thank you for your time and consideration.

Neil Legault

I supplied my address

Help rebuild Canada. Support Canadiens, Buy Canadian.

https://actionnetwork.org/petitions/pledge-for-canada-petition

https://www.candocanada.ca


Cher M. Carney, M. Poilievre et tous nos élus,

j’ai voté libéral pendant de nombreuses années et je me considère comme un libéral modéré. Cependant, comme beaucoup de Canadiens, je ne suis plus fier de ce que notre pays est devenu.


Au cours des vingt dernières années, nous avons été accablés par des politiques douteuses, et la réputation mondiale du Canada, autrefois solide, s’est ternie. Nous étions autrefois connus comme une nation modèle, un pays magnifique dont les citoyens étaient fiers et solidaires.

Ces dernières années, la coopération entre les provinces s’est détériorée, et, par conséquent, nos valeurs communes et notre fierté ont diminué. Sur la scène internationale, l’influence perturbatrice de M. Trump et les difficultés économiques que pourraient connaître les États-Unis à l’avenir, ainsi que les mesures opportunistes prises par des pays comme la Chine, la Corée du Nord et la Russie, signifient que l’ordre mondial est en train de changer radicalement.

M. Carney, je respecte votre personnalité et votre caractère, mais nous, les Canadiens, ne pouvons pas nous permettre plus de la même chose. Chaque nouveau Premier ministre libéral a d’abord suscité l’espoir, mais nous continuons à prendre du retard. Malgré la richesse de nos ressources et de nos talents, nous sommes à la traîne par rapport à d’autres nations. Pourquoi ?

Votre projet de « refaire » la taxe carbone est également préoccupant. Les Canadiens veulent protéger l’environnement, mais doubler la production de pétrole en Alberta pour l’exporter tout en taxant les Canadiens pour qu’ils réduisent leur consommation semble hypocrite.

Si nous voulons vraiment « sauver la planète », nos politiques doivent refléter ces intentions morales.

Nous avons besoin de toute urgence d’un nouveau leadership audacieux pour faire face à cette période de turbulences. Des changements radicaux et une vision claire sont nécessaires, sinon, à l’instar de nombreux Canadiens, j’envisagerai de reporter mon vote sur Pierre Poilievre, qui semble prêt à résister aux pressions extérieures.

Pierre, je vous ai observé à de nombreuses reprises et j’apprécie beaucoup ce que vous représentez. J’ai déjà eu un sentiment similaire à l’égard de Justin, sur la base de ses promesses. Cependant, je crains que vos propres engagements ne soient pas respectés en raison de querelles politiques internes et d’un gouvernement qui n’est pas disposé à se concentrer sur l’aide aux Canadiens et sur la réussite du pays.

Cela dit, j’espère que tous les élus travailleront ensemble pour redonner au Canada un sentiment de fierté et d’opportunité. Nos enfants méritent un pays où ils peuvent se permettre de vivre et de s’épanouir. Nous avons gaspillé des années sans renforcer notre nation. Aidez-nous à reconstruire le Canada pour qu’il redevienne le pays prospère et uni qu’il était autrefois.

Je vous remercie de votre temps et de votre attention.

Neil Legault

J’ai fourni mon adresse

Aidez à reconstruire le Canada. Soutenez les Canadiens, achetez des produits canadiens.

https://actionnetwork.org/petitions/pledge-for-canada-petition

https://www.candocanada.ca/cestpossible

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