A proposal for Canada

CSEEF

Canada Sovereign Equity Endowment Fund

A permanent fund that would give Canada a small ownership stake in its largest companies, built from new shares issued alongside their tax bills, not from tax dollars.

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Seven short steps, narrated, with every word on screen. Works with the sound off.

An independent citizen proposal, not a government program. Designed to complement the federal Canada Strong Fund.

What CSEEF is A large company's shares, drawn as a circle. A small slice of new non-voting shares moves into the CSEEF fund, which holds it forever and passes the dividends to Canada every year. The company's tax bill to Ottawa is unchanged. TAX BILL → OTTAWA paid in full, unchanged A LARGE COMPANY its shares slice drawn larger than life CSEEF New non-voting shares, held forever capped at 5% CANADA dividends, every year
The whole idea in one picture.
  • $0new cash tax. The tax bill is only the measuring stick. The cost is a small, disclosed dilution: 0.18%–0.54% a year.
  • Non-votingNo board seats and no say in how a company is run.
  • Never sold on the marketThe fund lives on dividends, permanently. Its shares never reach the open market.
  • 5% capThe fund's stake in any one company stops there.
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