August 02, 2017

Digging into Trudeau’s “Wealthsimple” endorsement unearths Laurentian Elite “swamp”

Christopher WilsonRebel Commentator

Have you seen Justin Trudeau's online and social media ads endorsing a financial service called Wealthsimple? 

I was surprised and confused about why our trust fund Prime Minister is promoting a private company’s investment product like some B-list celebrity, but was also curious about possible ethics questions.

So I looked into Wealthsimple and tried to figure out how they landed an endorsement from our heartthrob PM.

It didn’t take long to see this is as crony as you would expect.

Watch as I explain what I found, including a connection to Power Corp., a Canadian company that’s intertwined to the power wielders of Liberal, and specifically, Quebec Liberal politics.

When you hear all the names like Andre Desmarais, Jean Chretian, Paul Martin and even Pierre Trudeau, in this crony collection of Ottawa-Toronto-Montreal Laurentian elites and consider their control over one of Canada’s largest holding companies, the word “swamp” will likely come to mind.

If you leave out the former Prime Ministers and Premiers, it sounds like the kind of business that is done in tinpot dictatorships, not a G7 nation.

This is the kind of approach that will do nothing for the middle class and will simply exacerbate income inequality as the well-connected are prioritized under crony businesses like Power Corp.

But then again what policies has Trudeau and his government actually implemented that will help the middle class? There are none that I can think of.

Justin probably signed on to endorse Wealthsimple in part to help his Liberal donor friends but also because he’s obsessed with a young and cool image that he thinks appeals to millennials.

Wealthsimple is marketed towards millennials and that combination of trying to look cool all while helping your crony Liberal friends, is Trudeau’s modus operandi!

Comments
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commented 2017-08-04 13:06:51 -0400
Sorry to take up the entire comment section but I am just wondering how that connection to the Canadian Chinese Business Council is going (started by the demerais family) ? How is that AIIB going that Morneau is so thrilled about and is Chretien still in China working on a few things?
commented 2017-08-04 13:04:26 -0400
Maybe there is a link between a few other individuals as well. How about that Capital Power Corporation and the links to the finance minister’s father’s start up morneau/shepell . Oh and look at what is linked to that Capital power corporation (I have copied a section of wikipedia to hopefully direct people to the original link that I will share) From Wikipedia – "Facilities[edit]
Alberta[edit]
Genesee Generating Station – Warburg, AB
Clover Bar Energy Centre – Edmonton, AB
Clover Bar Landfill Gas Plant – Edmonton, AB
Halkirk Wind Project – Halkirk, AB11
Shepard Energy Centre – Calgary, AB 12
British Columbia[edit]
Island Generating Station – Campbell River, BC
Quality Wind – Tumbler Ridge, BC13
Ontario[edit]
Kingsbridge Wind Power Project – Goderich, ON
Port Dover and Nanticoke Wind Project14 – Counties of Haldimand & Norfolk, ON
United States[edit]
Southport – North Carolina15
Roxboro – North Carolina15
Macho Springs Wind – New Mexico16
Economic interests in Facilities[edit]
Capital Power has economic interests in the following facilities, which are operated by other entities:

Joffre – Red Deer, AB
Keephills 3 – Wabamun, AB
Projects in Development or Construction[edit]
K2 Wind Ontario[edit]
Capital Power, in a limited partnership with Samsung Renewable Energy Inc., and Pattern Renewable Holdings Canada ULC, is proposing a wind project for the Township of Ashfield-Colborne-Wawanosh.17

Genesee 4 & 5 (formerly Capital Power Energy Centre)[edit]
Capital Power is planning to develop the new natural gas-powered Capital Power Energy Centre in Alberta.18 On December 5, 2013, Capital Power entered into a joint-venture agreement with ENMAX Corporation to develop, construct, own and operate the project, which was renamed to Genesee 4 & 5.19

Wind and Solar Development Sites in the United States[edit]
In November 2014, Capital Power acquired 10 wind development sites and four solar sites in the United States through the acquisition of Element Power US, LLC.20

See also[edit]
EPCOR Utilities Incorporated… "

You can see a lot on Wiki https://en.wikipedia.org/wiki/Capital_Power_Corporation
commented 2017-08-03 21:43:03 -0400
There is something unseemly about a PM shilling for a company. But then again, it is Baby Doc Trudeau. So long as there is a chance of him being the the spotlight, limelight, or camera light, he is in.

Hasn’t anyone in his party lifted their head out of the feed trough and realised how wrong this is?

How did such a low intelligence useless tool become the leader of the Liberals (OK, easy to mange him) and then become PM? It surely was the power of a brown-nosing media and its constant attacks against Harper that put us in this mess; if they pointed out that the anointed one was an idiot and spoke nonsense, we would be having another economically sound government.

$40+ billion in debt since the Libs came to power and still counting. But that doesn’t keep “Poo-Doh”, aka “Little potato” from taking almost monthly vacations to get away from all the stress of having to speak on his own.

-40 billion. That is about where he is on the IQ scale.
commented 2017-08-03 13:39:16 -0400
I warned not to vote liberal and especially justin trudeau! I said he was anti canadian, pro islamic and the liberals are full of corruption- as all political parties here in canada are but the liberals are the worst!! I also warned they weren’t going to serve canadians and what is more important, I warned once they are brought back WE ARE NEVER GOING TO GET RID OF THEM AND CANADA WILL NOT SURVIVE THEM!!! was I wrong??l have a friend from Columbia S.A., and one day when I was complaining about the corruption here in Canada- especially political corruption, she laughed and said ,she thought her country Columbia was full of corruption (as it is well known for all over the globe) however she said, she has learned from living here that Canada is even more corrupt than Columbia and this completely shocked her. So there you have it Canada. Guess it is a good thing we aren’t going to be around much longer with trudeaus final agenda for a nation which took millions of people and a couple of hundred years to build but only lasted to it’s 150th birthday and was brought down by a part time drama teacher/ski instructor/bouncer /pro islamic /pro terrorist/Canada/Canadian HATING/trust fund brat who never had to earn a buck or pay taxes in his life but was born into the right family whose own patriarch refused to fight for this country while at the same time of the belief they own canada and us and are above the laws and always have been ! lol, you just can’t make this up!!!
commented 2017-08-03 12:49:20 -0400
Aren’t there rules against this sort of thing? Justin is such a brazen little hussy. Smarmy, greasy huckster. A charlatan. What my Dad would have called a shyster.

“Desmarais and his liberal devotees are inbred.”
So inbred Jan! Canada is just as corrupt and incestuous as Justin’s admired dictatorships. Justin is really highlighting the Liberal’s shameful past, and present. These are bad people. Really bad people. The youth he targets will be pretty scorched by the time this reign of terror is over, and they will never forget. Some hard lessons coming down the turnpike.
commented 2017-08-03 10:03:32 -0400
To Trudeau’s way of thinking, “the economy will take care of itself”. So it stands that your wealth will take care of itself….its all soooo simple! As service fees and commissions diminish at places like Investors Group the short-term prospects of the stock are good. Then the markets turn, the hammer drops and Wealthsimple becomes just an afterthought by the Demarais family as they scramble to move their money to Europe and elsewhere ( like they did in the recent financial crisis). As a retiree with over 25 years as an Investors Group financial planner I moved all my retirement savings out when this Wealthsimple strategy started to unfold. Last one to leaves turns the lights out!
commented 2017-08-03 09:52:53 -0400
This Weathsimple promotion is going to backfire on Trudeau. The Desmarais family invested about $100M in the online advisory service for one reason – to take out the biggest expense in their holdings in Investors Group, Great West and Canada Life via Power Financial – that is the service fees and sales commissions paid to thousands of financial planning representatives they have structured as independent service providing agents. By doing away with them they plan to take everything online where the client is responsible for investment decisions on the $billions these representatives have gathered over the years. Hundreds of thousands of clients across Canada are going to get even less returns and service for their financial commitment and go elsewhere. Trudeau will be remembered as being a shill for the Demarais family who are reviled by most who are aware of how they do business.
Way to go, Justin!
commented 2017-08-03 02:06:04 -0400
Allan, you have described, our leader and saviour of the nation, sarcasm. How can we function without JUSTIN?
commented 2017-08-03 01:52:39 -0400
Allan Petersen/ gerald butts is our pm
commented 2017-08-03 01:49:50 -0400
Iwould now short on stock, trudeau polices are a killer. so short on enegy, long on green for the subsidies,wait for the crash, then , go hard on junior companies.
commented 2017-08-03 01:41:51 -0400
SEIMENS HUGE power company, in Ontario, making fan’s for windmills. Pack,s up , citing cost of business not profital. Wynne, carbon tax?
commented 2017-08-03 01:36:34 -0400
What would a substitute drama teacher know about investing? First he plays the part of a Prime Minister. Then he plays the part of a celebrity. Now he plays the part of an investment advisor. I wonder if he is practising without proper licensing?
commented 2017-08-03 01:34:08 -0400
I JUST WISH TRUMP WAS MY PRIME MINESTER. CAN WE TRADE?
commented 2017-08-02 23:54:55 -0400
This is perfectly apt for Trudeau though. Wealth Simple’s solutions will work just fine, while markets cooperate. When the tide goes out, and the next real bear market comes, and it will, Wealth Simple clients will be left holding the bag with massive losses, as their customers are trained to buy and hold (look away forever). It will happen. Try that if you are relying on your investment portfolio and you have just retired. It’s a good analogy for Justin’s government and policies.
commented 2017-08-02 23:19:57 -0400
Power Corp the cesspool of crony globalist corporatism in Canada – name says it all.

Justin – I thought budgets balance themselves and wealth grows on trees, why pimp for investment funds?

Oh and Chris, never use the word “integrity” and Trudeau in the same sentence if your are striving for veritas continuity.
commented 2017-08-02 23:01:24 -0400
Corrupt pampered elite Laurentien criminal swine , destroying the “middle clathhhh” and giving Canada away to Islam and China……. Impossible to be more treasonous.
commented 2017-08-02 22:51:23 -0400
Desmarais and his liberal devotees are inbred.
commented 2017-08-02 21:57:38 -0400
First Rule of Thumb: If the government and the media think its a good idea- it isn’t.
commented 2017-08-02 21:53:11 -0400
JT promotion of a financial management company should raise alarm bells.

However, the Ethics Commissioner has been compromised and he will get away with it.
commented 2017-08-02 21:21:27 -0400
I would like to have lots of easy money , but i will never whore myself out or give up my integrity or my soul to gain this wealth. Nor would i be able to sleep at night knowing i have screwed over and harmed others for this money.
commented 2017-08-02 20:21:07 -0400
Trudeau is trying o eliminate the middle class . Hell he says the middle class is someone that works pay cheque to pay cheque . Like he has ever had a real pay cheque . Thank you dumb fk Canadian voters .
Chretien is pushing the free trade deal with China .
commented 2017-08-02 20:16:03 -0400
Liberals – corrupt to the bone.
commented 2017-08-02 19:30:45 -0400
More greasy deals involving Trudeau…another matter for the Ethics Commissioner to “investigate”.
commented 2017-08-02 19:30:00 -0400
A tinny pothead dicktater
commented 2017-08-02 19:21:57 -0400
What should be happening is a formal complaint from other Canadian financial institutions to the ethics commissioner for the overt favouritism of a single Canadian financial plan over the others by the government. Maybe even a civil suit. They should also press an RCMP investigation into collusion, assuming the RCMP can take time out from prosecuting thought crimes.

If these other financial institutions remain silent, the it will shout volumes about the political implications of the LPC and these institutions.