Solar Farms

[AlbertaFarmer5]

Aren't you in favour of countries making their own democratic decisions?
Or you think the use of force is okay?

Such as when the ethnic Russian populations of eastern Ukraine and Crimea voted overwhelmingly to secede from Ukraine and join Russia?
Such as when the citizens of Ukraine including the Donbass voted for the candidate promising an end to the internal civil war in eastern Ukraine, and then Zelensky did the complete opposite?
Such as when Zelensky cancelled elections in Ukraine because the war he is waging is so unpopular amongst the citizens that he would lose the election?
Such as all of the forcibly drafted Ukrainian citizens, forced to fight a war they don't support, did not vote for, and apparently will not get to vote for?
Such as the violent undemocratic western backed Coup in 2014, which overthrew the democratically elected government of Ukraine?

Those democratic decisions?

[Grain Farmer]

Nothing we can do about.
oh wait carney can throw money at it.
Who gives a rats ass, let them fight their own battles.
Our opinions dont mean anything.

[Grain Farmer]

Another liberal blunder.

[AlbertaFarmer5]

Another liberal blunder.

But who could have saw that coming.
Wonder how many politicians and their friends got rich in the meantime?

[furrowtickler]

Imagine that , most of us called it right from day one of announcement of that white elephant .
Good thing the liberals are protecting the EV industry that will never exist in Canada at western Canadian farmers expense

[shtferbrains]

Does it seem weird that legacy media under reports losses when anyone can get it from AI in about 5 seconds??


Canadian investors have faced significant losses due to Northvolt's bankruptcy, with the following specific impacts based on available information:

• Quebec Government: The Quebec government invested $270 million CAD in Northvolt's parent company, Northvolt AB, which has been confirmed as a total loss following the company's bankruptcy filing in Sweden on March 12, 2025.
• Caisse de dépôt et placement du Québec (CDPQ): The province’s pension fund manager invested $200 million CAD (approximately US$150 million) in Northvolt, which has been written down to zero.
• Investment Management Corp. of Ontario (IMCO): IMCO wrote down its US$400 million (approximately $550 million CAD) investment in Northvolt convertible bonds to zero.
• Ontario Municipal Employees Retirement System (OMERS): OMERS disclosed a US$325 million (approximately $445 million CAD) write-down on its investment in Northvolt, which included equity and convertible notes.
• Canada Pension Plan Investment Board (CPPIB): CPPIB invested US$55 million in Northvolt’s convertible debt, but the exact loss is unclear as it has not been publicly disclosed whether this was fully written down. However, given the trend among other investors, it is likely a significant portion or all of this investment is at risk.
  

Total Estimated Losses:

• Confirmed Losses:
  • Quebec Government: $270 million CAD
  • CDPQ: $200 million CAD
  • IMCO: $550 million CAD
  • OMERS: $445 million CAD
  • Subtotal: $1.465 billion CAD
• Potential Additional Loss:
  • CPPIB: Up to $75 million CAD (US$55 million, assuming a full write-down at an approximate exchange rate of 1.36 CAD/USD).

Thus, Canadian investors are losing approximately $1.465 billion CAD, with the potential for an additional $75 million CAD, bringing the total possible loss to around $1.54 billion CAD. These figures are based on reported write-downs and the Quebec government’s confirmed loss, though the exact loss for CPPIB remains uncertain.

Note: The Quebec government also provided a $240 million CAD secured loan for land purchase, which is backed by collateral and not considered a loss at this stage, as it may be recoverable. Exchange rates are approximated based on recent CAD/USD values for consistency.
?

[furrowtickler]

Expect higher transfer payments from western Canada to pay for yet another basically money laundering scheme for Quebec

[chuckChuck]

So when are you going to advocate for stopping the subsidization of the oil industry?

You never mention the significant amount of taxpayers money through direct subsidies and incentives that continue to go to the oil and gas industry!

The tar sands benefited in the beginning from large public subsidies and continue to receive generous subsidies. Far greater than any green and EV investments.

Most recently the TMX pipeline cost $34 billion that Trudeau built to "kill" the oil industry!

And the oil industry is not covering the full cost of environmental damage and climate change it causes.

They want taxpayers to cover the cost of reclamation and climate change!

[Grain Farmer]

Another deflection by chuck.
If you think oil and gas is so bad totally stop using it.
save the world all by your self.

[chuckChuck]

You guys complain about subsidies to green investments which are to jump start the transition to a cleaner diversified economy but you still think its okay to keep subsidizing the fossil fuel industry which doesn't even cover the cost of their own mess?

In the 1970s governments invested heavily in the tar sands to get them going. Why the obvious double standard?