Post by
Anschutz on Apr 02, 2024 2:44pm
Private equity
Lots of chatter on business channels today about how Canada is at it's lowest point ever in regard to the startup of public companies. Further chatter about how Canada is also witnessing an unprecedented level of public companies being bought out by foreign private equity. This is a very scary trend for Canada.
How long will it be before private equity takes note of Canadian companies generating billions in wealth, trading at historic low multiples, that are almost completely shunned by public investment? I predict that if we are truly entering a new era of higher oil prices as Nuttal suggests, it is only a matter of time before we see private equity start buying up Canadian energy companies.
This federal government really needs to go. Canada is truly on a path that will see private corporations controlling all aspects of life. Average citizens will lose their ability to generate personal wealth and security.