Category: Free Speech

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Executives Of Public Health “Charities” Drawing Huge Salaries To Lock You Down

It seems that most, if not all, of these “public health” organizations are actually registered charities. This is likely structured that way to encourage private donations. After all, a person isn’t really making the entire payment if they are submitting receipts to the Canada Revenue Agency.

While this article starts off with the Nova Scotia Health Authority, the pattern here can be applied to its counterparts elsewhere.

Looking at the most recent tax information available, the NSHA took in some $2.5 billion in revenues, and approximately 90% of it was Government (or rather taxpayer) funded. Approximately 10% came from some other sources. Also makes one wonder what “other sources” could be, if it isn’t gifts, donations (with or without a receipt), or Government money.

As for the expenses, administrative costs is a pretty self explanatory title. However, 92%, presumably what was spent on health care, is actually listed as “charitable programs”. $1.7 billion was spent on salaries, and $24.5 million on consulting fees.

By the way, whatever happened to that $83 million classified as “other” spending? Did it end up in someone’s pocket, or some offshore bank account?

[March 2016] Compensated full-time positions:
$250,000 to $299,999: 7
$300,000 to $349,999: 1
$350,000 and over: 2
.
[March 2017] Compensated full-time positions:
$200,000 to $249,999: 6
$250,000 to $299,999: 3
$300,000 to $349,999: 1
.
[March 2018] Compensated full-time positions:
$200,000 to $249,999: 5
$250,000 to $299,999: 3
$300,000 to $349,999: 1
$350,000 and over: 1
.
[March 2019] Compensated full-time positions:
$200,000 to $249,999: 3
$250,000 to $299,999: 6
$350,000 and over: 1
.
[March 2020] Compensated full-time positions:
$200,000 to $249,999: 3
$250,000 to $299,999: 4
$300,000 to $349,999: 2
$350,000 and over: 1

It certainly seems that the executives were paid very well for what they do. And nothing screams competent quite like locking down an entire Province for a year (and counting). No one has been fired, or forced onto CERB or EI.

Never forget that tyrants like Rankin and Strang are willing to use secret court hearings in order to shut down the ability of people to peacefully voice their unhappiness.

Just a thought: perhaps the groups who are so interested in lobbying the Nova Scotia Government to buy large quantities of their products are also making donations to the NS Health Authority. It may be worth considering.

This is hardly limited to Nova Scotia. Taking a look at the tax records of the British Columbia Provincial Health Services Authority, BCPHSA, we get this:

[March 2016] Compensated full-time positions:
$200,000 to $249,999: 2
$250,000 to $299,999: 6
$300,000 to $349,999: 1
$350,000 and over: 1
.
[March 2017] Compensated full-time positions:
$200,000 to $249,999: 1
$250,000 to $299,999: 7
$300,000 to $349,999: 1
$350,000 and over: 1
.
[March 2018] Compensated full-time positions:
$200,000 to $249,999: 3
$250,000 to $299,999: 6
$350,000 and over: 1
.
[March 2019] Compensated full-time positions:
$350,000 and over: 10
.
[March 2020] Compensated full-time positions:
$350,000 and over: 10

Next we turn to Alberta Health Services. Remember, Jason Kenney is a “conservative” and claims to support freedom. As for the people running the AHS, it’s interesting that there are always 10 people listed. Or perhaps it just refers to the top 10 earners.

[March 2016] Compensated full-time positions:
$350,000 and over: 10
.
[March 2017] Compensated full-time positions:
$350,000 and over: 10
.
[March 2018] Compensated full-time positions:
$350,000 and over: 10
.
[March 2019] Compensated full-time positions:
$350,000 and over: 10
.
[March 2020] Compensated full-time positions:
$350,000 and over: 10

The Saskatchewan Health Authority is no better, paying its top executives more than $350,000 each. They also support lockdowns, and pushing experimental poison on their citizens. Way to promote public health.

[March 2016] Compensated full-time positions:
$350,000 and over: 10
.
[March 2017] Compensated full-time positions:
$350,000 and over: 10
.
[March 2018] Compensated full-time positions:
$350,000 and over: 10
.
[March 2019] Compensated full-time positions:
$350,000 and over: 10
.
[March 2020] Compensated full-time positions:
$350,000 and over: 10

Next up is the Winnipeg Regional Health Authority, which is separate from the Manitoba Government, although subjected to the rules imposed Provincially.

[March 2016] Compensated full-time positions:
$350,000 and over: 10
.
[March 2017] Compensated full-time positions:
$350,000 and over: 10
.
[March 2018] Compensated full-time positions:
$350,000 and over: 10
.
[March 2019] Compensated full-time positions:
$350,000 and over: 10
.
[March 2020] Compensated full-time positions:
$350,000 and over: 10

Anyone notice a pattern here? The top executives are making large amounts of money, often in excess of $300,000 per year. While others are told that their jobs and businesses are “non-essential”, the decision makers are still drawing their salaries. There hasn’t been a single notice of such a person getting laid off. The damage they cause seems to be irrelevant.

See what else is listed as a charity.
It’s quite surprising.

Depending on the Province, and amount given, tax rebates are possible in the area of around 50%. This means that the public will be subsidizing these “donations”.

Remember that $5 million donation from the Como Foundation to Trillium Health Partners? Como is a company whose business skyrocketed after mask mandates were imposed. The Canadian public, and in particular, Ontarians, will be picking up the tab.

As a final thought, it’s not just health care institutions that are structured as charities. Countless colleges and universities are either structured the same way, or have a foundation that is. Every time they get donations, the public is forced to subsidize it.

And it’s worth pointing out, many schools receive grants from pharmaceutical companies. Sometimes it’s in the form of scholarships, sometimes as research funding.

(1) Nova Scotia Health Authority Charity Page
(2) https://novascotia.ca/sns/Lobbyist/default.asp
(3) BC Provincial Health Services Authority
(4) BCCDC Foundation For Population & Public Health
(5) Alberta Health Services
(6) Saskatchewan Health Authority
(7) Winnipeg Regional Health Authority
(8) https://www.canada.ca/en/revenue-agency/services/charities-giving/giving-charity-information-donors/claiming-charitable-tax-credits/charitable-donation-tax-credit-rates.html

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BC Pharmacy Association Funded By AstraZeneca, Partners With myDNA; Dix; Sharkawy; Tieleman; Sterilization

The B.C. Pharmacy Association has been lobbying the Provincial Government as of late. It’s interesting to see just who some of these people are, and where the money is coming from. The public at large is completely oblivious to the bigger picture.

As for the people in the above photo, they are very much connected to the B.C.P.A. We will explain all of these players.

  • Bonnie Henry: B.C. Provincial Health Officer
  • Adrian Dix: B.C. Health Minister
  • Abdu Sharkawy: Paid operative on speaking circuit
  • Bill Tieleman: Ex-B.C. Gov’t Official, current B.C.P.A. lobbyist

The B.C.P.A. describes what it does as “advocacy“, or trying to educate the public on certain health matters. Here is their own explanation:

The BC Pharmacy Association is the voice of community pharmacy. Through our organization, we collaborate and advocate for the role of community pharmacists in B.C.’s health-care system.

The Association works with stakeholders like the Ministry of Health, the College of Pharmacists of BC, the University of British Columbia, private insurance payers and other groups to raise the awareness and understanding of community pharmacy in British Columbia.

We have struck working groups on such issues as the role of pharmacists in medical assistance in dying (MAiD), Medication Review Services, Clinical Services, Residential Care and Schedule 1 and 2 medications, to name a few.

Nothing is apparently off limits, as the MAiD, or medical assistance in dying market is growing. Essentially, this is assisted suicide. At least they are honest that some drugs are lethal. There’s also an MLA outreach program, to get Provincial politicians on board with whatever is going on.

Bill Tieleman works as a lobbyist for the B.C. Pharmacy Association. His goal is getting more money for the group, and in pushing the Government to buy more of his client’s products (and products of their supporters). Tieleman is, strictly speaking, a drug lobbyist. He runs a politically themed blog as well, but there is little of substance there.

Tieleman is apparently also pretty chummy with Premier John Horgan. That’s no surprise, given his other BCNDP connections.

It gets even more convoluted because he worked in the Office of the Premier in 1996, according to mandatory disclosures. Adrian Dix was at the time Chief of Staff to Premier Glen Clark, and he later became Leader of the NDP. Dix clearly has clout, even as Health Minister, and Tieleman is an old colleague of his.

As for the idea that lobbying is harmless, it’s been disclosed that the Federal Government (or taxpayers) contributed $176,000 to the B.C.P.A. Tax money was handed over to a private organization that lobbies politicians for greater influence of the drug business.

While the B.C.P.A. likes to present itself as standing up for small pharmacists, they deliberately gloss over an important detail. The bulk of the financing actually comes from pharmaceutical manufacturers. Here, AstraZeneca and Merck are listed as major sponsors.

Abdu Sharkawy, an easily recognizable TV doctor, has spoken to the B.C.P.A. on at least 2 separate occasions. Once was March 19 of this year, and the other was on May 6. The Association clearly thought that his clout was work the money to bring him there.

Sharkawy is actually a professional speaker, and can be hired out through the National Speakers Bureau, or the NSB. According to a reply from NSB, his speaking fees for a virtual appearance runs at $12,000. That said, he’s hardly the only one to engage in such a side business.

RxOme Pharmacogenomics Canada Inc., is a joint venture between the BC Pharmacy Association and myDNA, a genetic testing and interpretation service provider. Together these companies aim to make pharmacogenomic testing and interpretation services available to Canadians through community pharmacies. Empowered with this genetic information Canadians, with their pharmacist’s help, will be able to make better informed decisions about their medications, health and wellness.

Imagine if before taking a medication, you could walk into your local pharmacy and take a test that could accurately predict whether the medication would work for you and the dosage best suited to you—all based on your DNA.

myDNA uses a simple cheek swab to analyze a patient’s genetic profile. The test is ordered by the accredited pharmacy and then the results are sent to the patient, nominated health care professionals and accessible through a secure portal.

The B.C.P.A. is partnering with myDNA, a firm that claims to be able to determine what medications would be needed in the future, based on a person’s genetic profile. It seems like there was a time not too long ago when such an idea was dismissed as baseless conspiracy theories.

Of course, this also raises serious privacy concerns like where will the data be stored, who will have access to it, and will any 3rd parties be able to purchase the data?

Also, will certain drug companies be able to get preference for certain types of disorders, or will it be shared equitably?

The B.C. Pharmacy Association promotes drugs (obviously), and doesn’t seem too concerned about the long term impacts of them. Of course, when such companies, like AstraZeneca, are your primary donors, it’s best not to rock the boat.

Thank you to whoever made this clips available. This information needs to be shared.

Previously: Jean-Marc Prevost used to be work in B.C. Public Health, alongside Henry and Dix. He left, and joined lobbying firm called Council Public Affairs. He then lobbied the B.C. Government — which he was recently a part of — on behalf of Emergent BioSolutions, the manufacturer of AstraZeneca. Also, take a look at the conflicts of interest Doug Ford has been involved with.

It’s an open question whether of not Henry and Dix had any issue with this sudden change, however it seems unlikely.

After all, Henry apparently saw no issue with putting in an exemption for indoor wine tasting, when she co-owned a winery in Keremeos.

This is just a lay opinion, but a lot of this doesn’t exactly sound legitimate. At a minimum, where are the disclosures to the public? And shouldn’t the side effects like mass sterilization be covered a little bit more?

As an update, thank you to those commenting. Always more information to flesh out. See page 233 in the 2019/2020 report.

(1) https://www.lobbyistsregistrar.bc.ca/
(2) https://www.lobbyistsregistrar.bc.ca/app/secure/orl/lrs/do/vwRg?cno=514&regId=56558364&blnk=1
(3) https://www.bcpharmacy.ca/
(4) https://www.bcpharmacy.ca/advocacy
(5) https://www.bcpharmacy.ca/advocacy/mla-outreach-program
(6) https://www.bcpharmacy.ca/conference/sponsors
(7) https://www.bcpharmacy.ca/about/rxome
(8) https://www.nsb.com/speakers/abdu-sharkawy/
(9) https://www.bcpharmacy.ca/conference/agenda-speakers
(10) https://www.bcpharmacy.ca/news/bcpha-2021-conference-highlights-dr-abdu-sharkawy
(11) https://thetyee.ca/News/2011/04/20/MemoMistake/
(12) https://en.wikipedia.org/wiki/Adrian_Dix
(13) https://www.linkedin.com/in/johnbell/
(14) https://www.keremeosreview.com/news/similkameen-winery-co-owned-by-dr-bonnie-henry/
(15) https://globalnews.ca/news/7732090/indoor-wine-tastings-bc-covid-restrictions/
(16) https://www2.gov.bc.ca/assets/gov/british-columbians-our-governments/government-finances/public-accounts/2019-20/pa-2019-20-crf-detailed-schedules-of-payments.pdf
(17) BC Public Accounts 2019 to 2020

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Bill C-10 And “Conservative” Hypocrisy On Free Speech And Human Rights

So-called “conservatives” in Canada claim that they oppose Bill C-10, which has the potential to seriously erode free speech protections. While this is certainly true, the grandstanding comes across as hollow. This is because of their repeated refusal to protect the rights of Canadians.

Never forget that this party tried (only a decade ago) to make warrantless seizure of internet information legal with Bill C-30. Now, one might argue that they still support free speech, even if not privacy rights. Nope, it gets worse from here.

The top image is Liberal Dominic LeBlanc openly musing about passing laws to combat “misinformation”, which is anything the Government objects to. The bottom is “Conservative” Erin O’Toole demanding emergency measures to limit the freedoms of Canadians locally.

Opposing Bill C-10 under the current circumstances comes across as crass political opportunism. The “right wing” in Canada seems content to let freedom die, so what’s the point here? Perhaps a few more examples for clarity:

The Conservative Party of Canada, and Provincial counterparts, remain silent on basic rights being stripped away. However, O’Toole takes the time to pander over atrocities committed 80 years ago — across the globe. There’s no way to be this tone deaf.

Conservatives are openly condemning China for human rights violations which include forced sterilizations. However, they support pressuring mass vaccination on the Canadian public, even though high levels of sterilization is quite possible.

Jason Kenney panders by celebrating the 1945 victory over Germany in World War 2. However, he’s silent on the increasing human rights abuses at home, like freedom of religion and assembly.

Condemning Tamil genocide comes across as hollow here. After all, Ford is willing to let seniors be trapped in homes, shut down people’s livelihoods, impose stay-at-home orders, deny preventative care, and let the Province collapse.

Lets stop pretending that any of them care about free speech or human rights. Anyone willing to play along with this martial law program is an enemy of the Canadian public.

Lest anyone think that this is a partisan issue, the enemies of free speech must be called out, wherever they are. In Nova Scotia, Iain Rankin the Premier, just banned public gatherings altogether. That’s one way to shut down dissenting views.

While not directly related to free speech, BCPHO Bonnie Henry deserves a dishonourable mention. She allowed indoor wine tasting to continue. Seems like an odd exemption, until you realize she co-owns a winery in Keremeos. This isn’t about public safety, but about protecting her business interests.

It’s also worth pointing out that at these daily “press conferences”, the callers and questions are screened ahead of time. This ensures that no one will be rocking the boat.

Freedom to assemble, gather and protest is being erased, mostly by “Conservative” Premiers. Now, the Trudeau Liberals are about to censor the internet. Does it seem like these people actually oppose each other?

These people all need to go.
None of them are on our side.

(1) https://www.conservative.ca/cpc/stop-bill-c10/
(2) https://nationalpost.com/opinion/vic-toews-draws-line-on-lawful-access-youre-with-us-or-the-child-pornographers
(3) https://www.cbc.ca/news/politics/covid-misinformation-disinformation-law-1.5532325
(4) https://toronto.citynews.ca/2020/03/16/otoole-calls-for-war-footing-mackay-suggests-tax-changes-to-address-covid-19/
(5) https://thenationaltelegraph.com/opinion/erin-otoole-and-conservatives-silence-on-grace-life-is-deafening
(6) https://twitter.com/erinotoole/status/1384154709343162374
(7) https://www.bbc.com/news/world-us-canada-56163220
(8) https://torontosun.com/opinion/columnists/opinon-i-wanted-the-liberals-to-succeed-on-vaccines-sadly-theyre-now-failing-us
(9) https://www.facebook.com/kenneyjasont/videos/177369714168773/
(10) https://www.cbc.ca/news/canada/edmonton/judge-rules-alberta-pastor-accused-of-violating-health-orders-to-remain-in-jail-1.5938362
(11) https://twitter.com/fordnation/status/1394697084482342914
(12) https://canadians.org/analysis/mike-harris-raking-profits-long-term-care-system-he-helped-create
(13) https://www.cbc.ca/news/canada/nova-scotia/province-gets-injunction-to-block-planned-anti-mask-rally-1.6026894
(14) https://www.keremeosreview.com/news/similkameen-winery-co-owned-by-dr-bonnie-henry/
(15) https://globalnews.ca/news/7732090/indoor-wine-tastings-bc-covid-restrictions/

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Sister Of Pro-Lockdown Mayor John Tory A Board Member At Bell (Which Received CEWS, Tax Breaks)

Family time is always a wonderful thing. Even as adult, brothers and sisters should appreciate and celebrate the accomplishments of each other. On the surface, this is a lovely display of affection between John and Jennifer Tory. The thread also mentions Jennifer’s work with Sunnybrook at RBC

Then we have this:

Jennifer Tory is a corporate director who was, until her retirement in December 2019, the Chief Administrative Officer of RBC (a chartered bank) where she held responsibility for Brand, Marketing, Citizenship & Communications, Procurement and Real Estate functions globally. Prior to this role, she was Group Head, Personal & Commercial Banking, leading RBC’s retail and commercial customer businesses and operations in Canada and the Caribbean from 2014-2017.
.
Throughout her 42-year career, Ms. Tory held a number of key senior operating positions across retail distribution and operations including overseeing digital & cost transformation of the business. She is Chair, Toronto International Film Festival Board, a member of the Sunnybrook Hospital Foundation Board, and completed her ICD.D designation. Ms. Tory is a Member of the Order of Canada.
.
Ms. Tory is a director of BCE and Bell Canada board since April 2021.

Jennifer Tory, sister of Toronto Mayor, John Tory, is a Board Member at Bell Media. They own a good chunk of the television and radio media in Canada. Funny thing is, this relationship is not really discussed. Granted, she joined the board quite recently, but still.

Surprisingly, the Toronto Star did quite a good piece on Bell’s new management changes. However, it’s an open question how fairly the Bell media empire will cover things, given the Tory relationship. It seems unlikely Jennifer would hang her brother out to dry.

Gordon M. Nixon is Chair of the Board of BCE and Bell Canada since April 2016. He was President and Chief Executive Officer of the Royal Bank of Canada (a chartered bank) from August 2001 to August 2014. Mr. Nixon first joined RBC Dominion Securities Inc. (an investment banking firm) in 1979, where he held a number of operating positions, serving as Chief Executive Officer from December 1999 to April 2001.
.
Mr. Nixon is a Director and past Chair of MaRS, a Toronto based network of partners that helps entrepreneurs launch and grow innovative companies and is a Trustee of the Art Galley of Ontario. He is a Director and Chair of the Corporate Governance Committee at Blackrock, Inc. and is Lead Director of George Weston Limited.
.
Mr. Nixon earned a Bachelor of Commerce degree with Honours from Queen’s University and was awarded honourary Doctorate of Law degrees from Queen’s University and Dalhousie University. He is a Member of the Order of Canada, the Order of Ontario and was inducted into the Canadian Business Hall of Fame.

Nixon is the Director and Chair of Corporate Governance at Blackrock, which owns SNC Lavalin, and has ties to the Communist Party of Canada. And like Tory, he was an Executive for RBC for a prolonged period. And George Weston Limited is the parent company of countless grocery chains.

David Denison is a former President and CEO of CPPIB, the Canada Pension Plan Investment Board, and also was an RBC exceutive.

Calin Rovinescu was the CEO of Air Canada from 2009 until 2021. He’s also a pension fund manager and a Director at the Bank of Nova Scotia.

Cornell Wright is Executive Vice President of Wittington Investments, Limited (the principal holding company of the Weston-Loblaw-Choice Properties group). He’s scheduled to leave at the end of 2021. He also spent 20 years at Torys LLP law firm, founded by John Tory’s family.

Given the number of television channels and radio stations that Bell owns, having any sort of bias in management is likely to lead to censorship. A quick look through Wikipedia will show just how large the empire is.

In fairness however, CTV seemed to have little interest in doing accurate “pandemic” coverage beforehand, but this won’t help matters.

Bell, or BCE, has received CEWS, or Canada Emergency Wage Subsidy. Although the amount is not listed, it’s possible that some 75% of wages are being subsidized by taxpayers. That could contribute to why their television and radio stations simply parrot the Government narrative uncritically.

It’s worth pointing out that Rogers Media, which John Tory used to be President and CEO of, also received benefits from the Canada Emergency Wage Subsidy.

According to the Office of the Lobbying Registrar, BCE received almost $123 million from the Canada Revenue Agency in the year 2020. Although the details aren’t specified in this, it is likely a combination of Government programs like CEWS, the Commercial Rent Subsidy, and grants awarded to the company. It would be interesting to know the exact terms of this funding.

Think that biased and slanted coverage in the media is just poor reporting? It’s likely to be more deliberate and organized than that. Bell, like most companies, aren’t too likely to bite the hand that feeds them.

(1) https://twitter.com/JohnTory/status/933891571015192576
(2) https://bce.ca/about-bce/leadership-team/board-members/jennifer-tory
(3) https://bce.ca/about-bce/leadership-team/board-members/gordon-m-nixon
(4) https://bce.ca/about-bce/leadership-team/board-members/david-f-denison
(5) https://bce.ca/about-bce/leadership-team/board-members/calin-rovinescu
(6) https://bce.ca/about-bce/leadership-team/board-members/cornell-wright
(7) https://en.wikipedia.org/wiki/List_of_assets_owned_by_Bell_Media
(8) https://en.wikipedia.org/wiki/John_Tory
(9) https://apps.cra-arc.gc.ca/ebci/hacc/cews/srch/pub/bscSrch
(10) https://lobbycanada.gc.ca/app/secure/ocl/lrs/do/vwRg?cno=4971&regId=907642

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Canada Pension Plan Investment Board, And Some Of Their Holdings

The Canadian Pension Plan Investment Board is responsible for investing the money that gets taken from workers’ pay cheques. Now, what does this group actually invest in? The answers may be surprising, as it speaks to the direction they plan to take the fund.

COMPANY AMOUNT
3M Co. $51,203,000
Acceleron Pharma Inc. $85,000
Agios Pharmaceuticals Inc. $1,017,000
Alexion Pharmaceuticals $33,800,000
Alnylam Pharmaceuticals $1,329,000
Amicus Therapeutics $31,186,000
Arrowhead Pharmaceuticals $69,000
Biogen $3,749,000
Biohaven Pharmaceuticals $31,000
China Biologic Products $242,000
CVS Health Corp. $104,361,000
Cardiovascular Sys Inc. $1,339,000
Checkmate Pharmaceuticals $219,000
Eli Lilly & Co. $134,902,000
Fusion Pharmaceuticals $36,624,000
GW Pharmaceuticals $173,115,000
Gilead Sciences $85,944,000
HCA Healthcare $20,325,000
Healthpeak Properties Inc. $43,159,000
Horizon Therapeutics $688,000
Hutchison China Meditech $3,145,000
Ionis Pharmaceuticals $2,414,000
Johnson & Johnson $479,225,000
Ligand Pharmaceuticals $466,000
Magellan Health $5,683,000
Medifast Inc. $641,000
Medpace Holdings Inc. $15,813,000
Merck & Co. $379,344,000
Mirati Therapeutics $61,000
Moderna $75,193,000
Neurocrine Biosciences $752,000
Novavax Inc. $56,000
Opko Health Inc. (Sold off)
Orthofix Med Inc. $976,000
PTC Therapeutics $13,561,000
Pacira Biosciences $13,925,000
Pfizer Inc. $224,969,000
Phillip Morris $128,347,000
Physicians Realty Trust $5,618,000
Prestige Consumer Healthcare $1,022,000
Procter & Gamble $498,019,000
Quest Diagnostics $130,317,000
Reata Pharmaceuticals $323,000
Regeneron Pharmaceuticals $3,233,000
Royalty Pharma $5,420,000
Sabra Healthcare REIT $6,232,000
Sage Therapeutics $735,000
Sigilon Therapeutics $71,333,000
Starr Surgical Co. $21,247,000
Teladoc Health Inc. $4,796,000
Tenet Healthcare Corp. $14,267,000
Teva Pharmaceuticals $1,723,000
Theravance Biopharma $169,000
Thermo Fisher Scientific $198,939,000
Trevi Therapeutics $36,000
Trillium Therapeutics $1,431,000
Ultragenyx Pharmaceutical $1,000
United Therapeutics Corp. $413,000
Unitedhealth Group Inc. $1,067,720,000
Usans Health Sciences $5,867,000
Viatris Inc. $16,153,000
West Pharmaceutical SVSC $410,000
Zimmer Biomet $19,398

Aside from all of the stocks in pharmaceuticals and health care, the CPPIB has interests in many other organizations that will raise eyebrows. True, the “Great Reset” may be a massive conspiracy theory, but the investments here would suggest otherwise.

COMPANY AMOUNT
Alphabet Inc. $2,188,964,000
Amazon Inc. $779,986
American Express $134,979,000
Apple Inc. $979,811,000
Aramark $19,240,000
Autodesk $19,044,000
Bank of America $372,509
Bank of Montreal $62,350
Bank of Nova Scotia $216,553,000
Best Buy $12,943,000
Blackline Inc. $493,000
Blackrock $230,895,000
Blackstone $53,059,000
Boeing $70,565,000
Citigroup $319,809,000
Comcast Corp. $65,150,000
E-Bay $15,259,000
Equifax $135,602,000
Fox Corp. $4,632,000
Hewlett Packard $121,000
Home Depot $274,181,000
Icici Bank Limited $59,222,000
JP Morgan Chase $876,096,000
Mastercard Incorporated $2,236,387,000
Microsoft Corp $1,143,414,000
Molson Coors Beverage $8,593,000
NASDAQ $5,116,000
Newscorp $470,000
Paycom Software $993,000
Paychex Inc. $19,982,000
PayPal Holdings $228,341,000
Pinterest $611,000
Rogers Communications $1,500,000,000
Royal Bank of Canada $537,548,000
Shaw Communications Inc. $100,269,000
Shopify $244,903,000
Starbucks Corp. $32,580,000
Synchrony Financial $5,553,000
Target Corp. $29,903,000
Tesla Inc. $128,538,000
Toronto Dominion Bank $289,035,000
Transunion $37,293,000
Trip Advisor $1,468,000
Twitter Inc. $57,887,000
Uber Technologies $60,382,000
Verizon Communications $192,559,000
Visa Inc. $135,000
Vonage Holdings Corp $145,000
Walmart Inc. $245,483,000
Zoom Video Communications $5,807,000

For reference, Alphabet Inc. is the company that owns Google and its subsidiaries, such as YouTube. It seems that being major stakeholders in the business will have great influence over the social media censorship that Governments ask them to play. CPPIB holds over $2 billion. Difficult to say no to your biggest shareholders.

Additionally the CPPIB holds over $50 million in stock in Twitter. This platform has also been brutal when it comes to censoring views that contradict official pandemic or election narratives.

This is certainly quite in the interesting portfolio: pro-big pharma, and pro-Great Reset. However, there is a bigger and more fundamental problem that needs to be addressed: liabilities.

Year Value of Fund Inv Income Rate of Return
2010 $127.6B $22.1B 14.9%
2011 $148.2B $20.6B 11.9%
2012 $161.6B $9.9B 6.6%
2013 $183.3B $16.7B 10.1%
2014 $219.1B $30.1B 16.5%
2015 $264.6B $40.6B 18.3%
2016 $278.9B $9.1 6.8%
2017 $316.7B $33.5B 11.8%
2018 $356.B $36.7B 11.6%
2019 $392B $32B 8.9%

The CPPIB routinely crows about how well its investments do, and how the fund is worth hundreds of billions of dollars. The problem is that it has a screwy accounting system. Instead of taking into account all assets and liabilities, the health is determined by ability to meet current obligations. The fund has been properly accounted, and there is over $1 trillion in unfunded liabilities. This is money taken in an spent, for which it (should have been) paid out.

Most pension systems act as a ponzi scheme, where the only way to meet old obligations is with the infusion of new money. Clearly, such a system is unsustainable in the long term.

But hey, at least our investments in Pfizer, Moderna, Johnson & Johnson, Gilead, Eli Lilley and 3M are doing well. Good thing there is a “pandemic” to drive up demand for these products.

To hell with free speech and open media.
Big pharma is here to stay.

https://www.sec.gov/edgar/browse/
https://www.sec.gov/edgar/browse/?CIK=1283718
https://www.sec.gov/Archives/edgar/data/1283718/000110465921024475/xslForm13F_X01/infotable.xml
https://www.cppinvestments.com/the-fund/our-performance
https://canucklaw.ca/pensions-1b-unsustainable-underfunded-takes-money-out-of-canada/

Posted on

Canada Emergencies Act: Tyranny; No Property Rights; Indemnification; Publication Exemption; Parliamentary Secrecy

https://laws-lois.justice.gc.ca/eng/acts/E-4.5/FullText.html

In case readers here think that the Emergencies Act was a Liberal creation, the answer is no. It came into effect in 1988, under “Conservative” Prime Minster, Brian Mulroney. It looks like the current head, Erin O’Toole, is on board with imposing these types of measures. So much for valuing individual rights.

The actual freedoms that can be stripped away are very similar to the 2005 Quarantine Act, enacted by Liberal Paul Martin. Now, what does this act actually say?

30 (1) While a declaration of an international emergency is in effect, the Governor in Council may make such orders or regulations with respect to the following matters as the Governor in Council believes, on reasonable grounds, are necessary for dealing with the emergency:
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(a) the control or regulation of any specified industry or service, including the use of equipment, facilities and inventory;
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(b) the appropriation, control, forfeiture, use and disposition of property or services;
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(c) the authorization and conduct of inquiries in relation to defence contracts or defence supplies as defined in the Defence Production Act or to hoarding, overcharging, black marketing or fraudulent operations in respect of scarce commodities, including the conferment of powers under the Inquiries Act on any person authorized to conduct such an inquiry;
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(d) the authorization of the entry and search of any dwelling-house, premises, conveyance or place, and the search of any person found therein, for any thing that may be evidence relevant to any matter that is the subject of an inquiry referred to in paragraph (c), and the seizure and detention of any such thing;
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(e) the authorization of or direction to any person, or any person of a class of persons, to render essential services of a type that that person, or a person of that class, is competent to provide and the provision of reasonable compensation in respect of services so rendered;
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(f) the designation and securing of protected places;
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(g) the regulation or prohibition of travel outside Canada by Canadian citizens or permanent residents within the meaning of subsection 2(1) of the Immigration and Refugee Protection Act and of admission into Canada of other persons;

Being allowed to seize or heavily control the means of production basically amounts to socialism. Property rights would end as they can either be entered, or outright seized, without genuine grounds (like getting a warrant). Mobility rights would become non-existent as travel and movement can be stopped almost entirely.

Part (e) comes across as a form of compelled labour. But don’t worry, there will be compensation afterwards.

While this act does mention several different types of emergencies, they are very similar in what freedoms get suspended.

Liability
Marginal note: Protection from personal liability
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47 (1) No action or other proceeding for damages lies or shall be instituted against a Minister, servant or agent of the Crown, including any person providing services pursuant to an order or regulation made under subsection 8(1), 19(1), 30(1) or 40(1), for or in respect of any thing done or omitted to be done, or purported to be done or omitted to be done, in good faith under any of Parts I to IV or any proclamation, order or regulation issued or made thereunder.
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Marginal note: Crown not relieved of liability
(2) Subsection (1) does not relieve the Crown of liability for the acts or omissions described therein and the Crown is liable under the Crown Liability Act or any other law as if that subsection had not been enacted.
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Compensation
Marginal note: Compensation
48 (1) Subject to subsection (2) and the regulations made under section 49, the Minister shall award reasonable compensation to any person who suffers loss, injury or damage as a result of any thing done, or purported to be done, under any of Parts I to IV or any proclamation, order or regulation issued or made thereunder.
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Marginal note: Release
(2) No compensation shall be paid to a person unless that person, in consideration of the compensation, signs, in a form provided by the Minister, a release of any right of action that the person may have against the Crown as a result of any thing done, or purported to be done, under any of Parts I to IV or any proclamation, order or regulation issued or made thereunder.
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Marginal note: Subrogation
(3) The Crown is subrogated to all rights of any person to whom compensation is paid to recover damages in respect of the loss, injury or damage for which the compensation is paid and may maintain an action in the name of that person or in the name of the Crown against any person against whom the action lies.

No politician or official shall be held personally liable for anything they have done, as long as they acted, or “claim” to have acted in good faith.

Furthermore, if you want any compensation whatsoever, you will be required to sign a waiver of responsibility for every person who make be responsible.

Orders and Regulations
Marginal note: Tabling in Parliament
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61 (1) Subject to subsection (2), every order or regulation made by the Governor in Council pursuant to this Act shall be laid before each House of Parliament within two sitting days after it is made.
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Marginal note: Reference to Committee
(2) Where an order or regulation made pursuant to this Act is exempted from publication in the Canada Gazette by regulations made under the Statutory Instruments Act, the order or regulation, in lieu of being laid before each House of Parliament as required by subsection (1), shall be referred to the Parliamentary Review Committee within two days after it is made or, if the Committee is not then designated or established, within the first two days after it is designated or established.

Typically, orders would have be published, such as in the Canada Gazette. This ensures some transparency, whether or not people agree with the content. However, the Emergencies Act provides an exemption from publication. This is the sort of thing that really demands open discussion.

Parliamentary Review Committee
Marginal note: Review by Parliamentary Review Committee
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62 (1) The exercise of powers and the performance of duties and functions pursuant to a declaration of emergency shall be reviewed by a committee of both Houses of Parliament designated or established for that purpose.
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Marginal note: Membership
(2) The Parliamentary Review Committee shall include at least one member of the House of Commons from each party that has a recognized membership of twelve or more persons in that House and at least one senator from each party in the Senate that is represented on the committee by a member of the House of Commons.
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Marginal note: Oath of secrecy
(3) Every member of the Parliamentary Review Committee and every person employed in the work of the Committee shall take the oath of secrecy set out in the schedule.
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Marginal note: Meetings in private
(4) Every meeting of the Parliamentary Review Committee held to consider an order or regulation referred to it pursuant to subsection 61(2) shall be held in private.
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Marginal note: Revocation or amendment of order or regulation
(5) If, within thirty days after an order or regulation is referred to the Parliamentary Review Committee pursuant to subsection 61(2), the Committee adopts a motion to the effect that the order or regulation be revoked or amended, the order or regulation is revoked or amended in accordance with the motion, effective on the day specified in the motion, which day may not be earlier than the day on which the motion is adopted.

https://laws-lois.justice.gc.ca/eng/acts/E-4.5/FullText.html

How can there be any accountability, if all of the politicians are sworn to secrecy? Sure, they aren’t really accountable to begin with, but now they have an excuse not to answer.

Now, a report does have to be filed within 1 year of the “emergency” being deemed over. However, that’s cold comfort for those whose livelihoods have been destroyed.