• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Don't count on Agristability

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 2 3 4 template Next
    #46
    Bucket. I will reiterate. CPP is coming to the party
    late. Corruption or incompetence? Not their
    money so who cares (better be the tax payer)!!!!
    Dots, probably can and will be connected if it is a
    croney bail-out. Your examples of why the
    investors are running with their tails between their
    legs is legitimate.

    Comment

      #47
      Doug Emsley Co-founder of Assiniboia Capital Corp
      is on the board of directors of Bank of Canada.....

      Comment

        #48
        HOw is this land purchase any different then CPP buying shares in a public company? Once again we are talking right wing and free enterprise and then acting left wing and protectionist when faced with competition from free markets in our own businesses!

        Comment

          #49
          Its not "competition from free markets in our own businesses! "

          When they are using your money Dave, you are competing to bid yourself up.

          The CPP is the publics money and buying land at a high is great, but when you factor in crop prices and the fact land prices are more than likely going down in unison with crop prices it ends up being a bad investment.

          And to be clear, this was a bail out to investors and a backroom deal.

          Had it gone through a real estate listing or auction, no problem.

          But look at reality.

          Disclosure: I have no interest in any of the land involved, nor do I. BUT I had a stake in the CPP and it concerns me.

          Comment

            #50
            So you know that land is going down? Gimme a
            break.

            Comment

              #51
              AND if it is such a great deal, why doesn't the CPP buy out all the farms listed or all the retiring farmers at a massive premium and get the returns to CPP.

              The experiment has been tried - it doesn't work.

              Comment

                #52
                So the CPP should buy more land, that is what you are advocating?

                Comment

                  #53
                  Bucket - If you read the CPP website you will notice
                  they own farmland in 5 countries now. It appears
                  they must think buying Assiniboia was a good
                  investment.

                  Comment

                    #54
                    Bucket - If you read the CPP website you will notice
                    they own farmland in 5 countries now. It appears
                    they must think buying Assiniboia was a good
                    investment.

                    Comment

                    Previous 1 2 3 4 template Next
                    • Reply to this Thread
                    • Return to Topic List
                    Working...