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Bullboard - Stock Discussion Forum NanoXplore Inc T.GRA

Alternate Symbol(s):  NNXPF

NanoXplore Inc. is a Canada-based graphene company. The Company and its subsidiaries are engaged in manufacturing and supplying high-volume graphene powder for use in industrial markets. The Company operates through two segments: Advanced materials, plastics and composite products, and Battery cells. Its Advanced materials, plastics and composite products segment provides standard and custom... see more

TSX:GRA - Post Discussion

NanoXplore Inc > PSP Investments To Manage The Canada Growth Fund
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Post by 1student on Apr 05, 2023 4:16am

PSP Investments To Manage The Canada Growth Fund

PSP Investments, a Crown corporation that currently manages the pensions of public servants, military members and the RCMP, was selected to manage the $15 Billion Canada Growth Fund

Yesterday I stated, "Now that the Canadian Federal budget is out of the way, the Canadian government can begin to appoint and investments management firm and it's selected representatives to administering The Canada Growth Fund, "CGF". Also the members of the CGF oversight board need to be appointed by the Canadian government to the CGF."

Found below would be part of the reason why I stated the preceding comments.

By the way, before you go on and read the article, the immediately following is a nice quote found therein to consider.

"In the budget, the government said the growth fund will be making its first investments in the first half of this year."

Had NanoXplore and/or the VoltaXplore subsidiary already made the short list, in terms of being provided "CGF" capital investments and accompanying private equity capital investments**,** Canadian Federal government funded entities awarded grants**,** arranged for credit facilities and other directed supports for NanoXplore's ambitious 5 year strategic business development plan to undertake "investments" in "growth".

 

Liberals put growth fund in pension plan board's hands (msn.com)

Liberals put growth fund in pension plan board's hands

National post

Story by Ryan Tumilty • Yesterday 5:50 a.m.

"The Liberals are putting their $15 billion growth fund, meant to spur growth in Canada’s green economy, in the same hands as the manager of large public sector pensions."

The Liberals announced their Canada Growth Fund in 2022, but exactly how the $15 billion would be managed, spent or invested has been vague until this week’s budget. The budget assigned the money to PSP Investments, a Crown corporation that currently manages the pensions of public servants, military members and the RCMP . . .

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