Trump Ignored It: Canada Owns $1.3 Trillion of America, From Chicago's Toll Road to Seattle's Power

By The Decision Room

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Every toll paid on the Chicago Skyway goes to three Canadian pension funds — CPP Investments, OMERS and Ontario Teachers' — who bought the concession for $2.8 billion in 2015 and hold it until the year 2104. Puget Sound Energy, Washington State's oldest utility, serving over a million electricity customers around Seattle, is roughly 90% owned by four Canadian pension funds. A slice of Oncor — the largest transmission company in Texas — belongs to Ontario's municipal workers. TD is one of America's largest banks by branches; Brookfield is one of Manhattan's biggest landlords; two Canadian railways run to the Gulf of Mexico. Statistics Canada puts the total stock of Canadian direct investment in the United States at C$1.29 trillion — nearly twice the C$684 billion Americans hold in Canada, and larger every single quarter since 2015. In this video: the Maple Eight pension giants, the toll roads and power grids they own, the trillion-dollar ledger that inverts the "Canada depends on Americ

Tags: chicago skyway, oncor, foreign direct investment, canada us trade, trump tariffs, canada tariffs, trade war, canada us relations, brookfield, td bank, toll road, us infrastructure, mark carney, donald trump news, trump news, canada news, statistics canada, trump trade war, carney trump, pension funds

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