Bruce Dowbiggin
How Retirement Money Now Funds The Radical Movement

The middle class has reportedly never been so educated, so informed. At the same time, the same middle class has never been so blissfully ignorant. Case in point: Much of this adult cohort have their retirement savings invested in IRAs, Registered Retirement Savings Plans, mutual funds and other institutional vehicles.
Where, as shareholders, they earn a consistent return from, among other things, dividends, stock increases and share splits. The Rule of 70 says that a few decades of growth will double your money and will render enough money upon which to retire.
This process is all overseen by benevolent CEOs, boards of directors and investment experts boosting shareholder value. So why should anyone lose sleep or attend shareholder meetings? After all, Bank of Montreal has only missed issuing a dividend twice since its founding in 1817.
Actually there is real cause for urgency. Shareholder value, the bedrock of these investments, is now a piggy bank being robbed by outside players who use ESG, DEI and other nefarious acronyms to intimidate said CEOs, boards of directors and investment experts into doing their bidding.
That bidding is portraying the traditional shareholder model as evil capitalism despoiling society. So now we see corporations such as Disney, Amazon, Coca-Cola, Starbucks and Alphabet (among many) diverting funds from shareholders to causes obsessed by racism, sexism, climate change and a host of other grievance issues.
For many in the middle-class this all seems like a corporate bun fight, a diversion for the Scrooge McDucks of Wall Street and Bay Streets. Even as the Left bleed shareholder value from the RRSPs and IRAs of citizens, deluded citizens cheer on the progressives who are impoverishing them— as if this were an episode of The West Wing instead of The Big Short burning through their savings.
They see hedge fund BlackRock as Robin Hood, redistributing the unseemly wealth of elites to the poor and downtrodden. Little understanding that they are funding this klepto-progressivism. If it wasn’t so sad it might be funny. But the wine moms and the Boy Scout liberals seem clued out on the real agenda.
What’s ironic is that corporate wealth has long resisted the impatient demands of bad actors. It was their resistance in the 1960s that ultimately stopped the revolutionary fervour of the Left from toppling the system. Well, those fanatical forces are back again, but this time they’ve found the keys to the vault.
Here’s how: Liberals and their far-left allies have always been thwarted in their glorious dreams of class revolution by the inconvenience of the electorate. Voters consistently have denied radicals such as AOC or Bernie Sanders the levers of power to activate their pet grievance issues. So they aligned with media and culture industries who portrayed the cruelty of them being denied ultimate power. Class warfare became a Hollywood staple— even as Tinseltown became a blank cheque for radicals.
In Canada and the U.S. the social-credit gambit also meant working the game through sympathetic Supreme Courts who’ve sought to make whole what the citizens want no part of. But the transformation of SCOTUS under Donald Trump scuttled this game. Suddenly the door to legitimizing unlimited abortion, admission quotas, election changes and student-loan forgiveness was slammed shut.
What to do? The solution for the politicians on the Left was to employ large money fund managers such as BlackRock, Vanguard and others to do what the electorate refuses to allow them. Going around the democratic process, these companies created social-credit scores such as ESG and DEI, ranking corporations on their wokeness. The rankings are used to judge their response on every progressive grievance aired by NPR, MSNBC, the Washington Post, CBC and the Toronto Star.
A bad social-credit score from Larry Fink at BlackRock has become a death sentence for executives or boards who balked. Employing their trillions in investments to buy up shares, the hedge funds then used shareholder meetings to whip boards and CEOs into line on the proper mix of social-media expenditures and political propriety. Next thing we saw CEOs saying that maybe shareholder value wasn’t the prime purpose of corporations.
Thus, Disney Corporation, once a bedrock of capitalist certainty under its founder and his family, transformed into trashing its history and brands to satisfy far-left agitators. See: the current iteration of Snow White in which the heroine is brown, the dwarfs look like car jackers and the prince is a ponce.
There is hope that some of these middle-class people have awoken from their coma and are using the market to slow this trend. Anheuser Busch’s disastrous foray into trans politics, celebrating a flamboyant influencer on 365 days as a trans woman, collapsed the mighty Bud Light brand and sunk the stock price. Target, too, blundered in its cloying response to pressure for progressives. Its brand and share price are in free-fall.
Meanwhile, Disney has admitted that tangling with Florida governor Ron DeSantis over Disneyworld was a losing proposition. It has replaced its CEO and fired a number of Woke executives responsible for Snow White. This may also have produced an unintentional outcome. Comedian Dave Chappelle’s prediction last November that Donald Trump was far from dead is suddenly looking prescient, as #orangemanbad leads the GOP polling by 30 points.
For now, however, the middle class snoozes along, content in its self-image as a caring, enabling society. While the investment managers drain their savings to fund windmills in the sky. Politicians are silent, reluctant to challenge the giant. And the media divert attention to shiny objects like Clarence Thomas’ friends. It’s go along to get along. And say bye to your savings.
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Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster A two-time winner of the Gemini Award as Canada’s top television sports broadcaster, he’s a regular contributor to Sirius XM Canada Talks Ch. 167. Inexact Science: The Six Most Compelling Draft Years In NHL History, his new book with his son Evan, was voted the seventh-best professional hockey book of all time by bookauthority.org . His 2004 book Money Players was voted sixth best on the same list, and is available via http://brucedowbigginbooks.ca/book-personalaccount.aspx
Bruce Dowbiggin
Mistrial Declared in Junior Hockey Assault Trial. What Now?

With all the Elbows Up election idiocy you can be forgiven for missing the news this past week that the trial of five former members of the 2018 men’s gold-medal winning Team Canada hockey team was declared a mistrial just a day into the proceedings. The five have all plead not guilty.
On Friday the judge ordered a new jury be empanelled after a half day of evidence in the trial of the players who are accused of sexually assaulting a woman in a hotel room in 2018 in London, Ont. Superior Court Justice Maria Carroccia has not released the reasons she halted the trial. It comes after outrage over a civil settlement between the victim and Hockey Canada in 2020 forced authorities to pursue the criminal charges.
The graphic nature of the evidence so far promises dramatic testimony should the trial go its full length. Thoughts that one of the quintet might accept a plea deal to roll over on his former teammates— a goal of the police and prosecution— have so far been unrealized. It is expected that the victim will testify.

The low-profile start to the trial in the case is a contrast with the front-page treatment it received after excellent reporting from Katie Strang of The Athletic and Rick Westhead of TSN. At the time the charges were announced in 2024, Michael McLeod and Cal Foote were with the New Jersey Devils, Dillon Dubé was with the Calgary Flames and Carter Hart was with the Philadelphia Flyers. Alex Formenton had been signed by the Ottawa Senators but was playing in Switzerland.
The sensation was amplified by the role of Hockey Canada in the civil case, using funds to pay off the victim. Parliamentary hearings and front-page headlines added to the impact.
As we wrote in January of 2024, the hysteria encouraged the usual radicals to denigrate the national sport. “For the same reason that some think guns kill people, the toffs believe that hockey itself causes outbreaks of macho sexual behaviour. These people cheer for Sweden when it plays Canada because… Canadian hockey is just too down-market for them. Sweaty guys. Cold rinks. Meritocracy. Ick!

“We should clarify here that we mean men’s hockey. Womens’ hockey is not included in the loathing. In fact, metrosexuals from PM Justin Trudeau on down worship the wholesome new PWHL. Skippy recently gave a pep talk to the Ottawa players in their dressing room. Surprise. They lost.
“Players are married to rivals on other teams. Can you get more hip than that? Women’s hockey is nominally about winning; the real prize is equal pay for work of equal value. And the love of the Trudeau cabinet.
“But men’s hockey, with its crude meritocracy, must be shunned at all costs. Pediatric “experts” blame its emphasis on winning for causing kids to drop out.. So when the sordid tale of a 2018 multiple-sex allegation at a golf tournament arrived it warranted a hearing in the Commons, tut-tutting editorials by the score about the over-sexed nature of teenaged young hockey stars and multiple attempts to convict someone, anyone, for the act.
“That’s why the principals eventually pursued a civil case, where rules of evidence are less stringent. A civil case that Hockey Canada quickly paid off from a suspicious slush fund to end the ordeal for everyone. How’d that work out?
”Feminists and the non-binary set howled about this, but after the storm of outrage the media cycle disappeared from the public view. The 20 or so players on the 2018 Team Canada gold medal winners graduated into the NHL, and the league, which had no power to compel testimony nor a criminal charges to rely on, let them play.
“But pressure on police over the following months finally forced criminal charges. Butter cloak of secrecy prevailed. This was highly unsatisfactory. Who was under suspicion? Who was innocent? Player agents and lawyers kept their charges from self-incrimination at all costs.
“How will it end? Will there be convictions or will deals be done? In this time where social-media truths are fungible and Woke causes are paramount no one should hazard a guess. But one thing that will get an airing is the charge that hockey created this climate of sexual permissiveness. The sport must be condemned when its participants break the law.
You think that hockey caused this? That it doesn’t happen in the world of millionaire basketball or football or baseball players? Guess again. Cleveland Browns QB DeShaun Watson faced 24 sexual assault accusations. One former NBA player had seven children by six different women. Former MLB pitcher Trevor Bauer faced sexual assault charges from an alleged assault at his home.
How about the stories of young women who, like the young women pursuing athletes, went backstage at concerts and shows for a rendezvous with a famous rock star like Steven Tyler or Axl Rose and got more than they bargained for.
Or those who tried to climb the political or corporate ladder by submitting to power figures? Hello, Kamala Harris. This case is about power, stardom, privilege and exploitation. Ugly, yes. Life-wrecking for some. But trying to pigeon-hole hockey as the unique engineer of the tragedy is ignorant and irresponsible. “
Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster A two-time winner of the Gemini Award as Canada’s top television sports broadcaster. His new book Deal With It: The Trades That Stunned The NHL And Changed Hockey is now available on Amazon. Inexact Science: The Six Most Compelling Draft Years In NHL History, his previous book with his son Evan, was voted the seventh-best professional hockey book of all time by bookauthority.org. You can see all his books at brucedowbigginbooks.ca.
2025 Federal Election
Trump Has Driven Canadians Crazy. This Is How Crazy.

“Liberalism is based on one central desire: to look cool in front of others in order to get love. Preaching tolerance makes you look cooler than saying something like, ‘Please lower my taxes.’”— Greg Gutfeld
Having lived 25 years in the West after 45+ years in the East we can now generalize on the state of the nation. In the West the attitude is to grasp the future. Not fear it. Accept risk and loss as partners. In the East the default sentiment is to fear the future. Think of every reason why it might fail.
Quebec fears losing its culture. Ontario fears losing its power. The Maritimes fear losing equalization money. Hence Danielle Smith and Doug Ford as contrasting symbols of leadership. But 2025 is something new.
Donald Trump’s unsparing assessments of modern Canada— “We don’t really want Canada to make cars for us, to put it bluntly. We want to make our own cars — and we’re now equipped to do that”— have exposed this fissure in the country. Is it him or is it us? Families and friendships are being destroyed by the response. As Canadians head to the polls it’s obvious that persuasion is not going to apply in this climate. Arguments are falling on deaf ears.
With a large segment of the population doubling down on a failed past it’s time to make an I-told-you list of the implications of letting Donald Trump scare you into voting for a re-run of the Liberal Party. Double this dread if the Liberals get a majority.
To those Boomers living off the equity in their paid-off homes, get ready to be taxed on the appreciation in your homes. While you cherish your stand-alone private residence, get ready for the neighbours to sell out to someone who will erect a six-storey, 36-unit condo on the property right next to you because “sustainable growth”.
Got someone under 50 in your life? The Carney Reflex is bad news. Adding debt and embracing the destructive Trudeau social positions is a killer for those looking to commit to a future in Canada. Should Poilievre lose the election and his seat expect a brain drain away from the failed state. And the prosperity they create to vacate as well.
To those who cherish free expression expect hate-speech laws like those in UK where police will arrest you in your homes for social-media comment hostile to the ruling Party. And even if you shut down your posts watch out for neighbours who will exploit snitch lines to get you out of the hood.

Buttressing the party line, Carney will restore CBC’s funding— and then some— to drown out any social media pointing out the indelicate facts about his Trudeau-sourced cabinet members. He’ll also keep propping up failing private media, preventing them from bankruptcy so long as they spew DEI 24/7/365.
For those who cried fake tears over the Rez school graves scandal, watch Liberals pass legislation that gives unelected leaders of indigenous communities veto power over development of Crown Lands. Expect the Liberals, trying to maintain the NDP vote they assumed this year, to resurrect the “genocide” label against Canadians and fly flags at half mast again.

If you hoped to get to the bottom of innumerable scandals on the Liberals watch— ranging from eco-theft to China infiltration— Carney will put the clamps on any inquiry. The steady stream of Canada’s wealth to third-world kleptocrats will become a flood.
To those who thought Mark Carney had cancelled the consumer carbon tax, prepare yourself to find out that he just reduced it and will come back full-throttle as soon as the Conservatives fire Pierre Poilievre. While Carney plays the Housing Saviour he will also use the Carbon Tax to make concrete and fertilizer way more expensive, thus boosting the cost of the 50,000 homes he will never build and farm land will go fallow.
With CPC out of the way, expect no significant moves to end Canada as the money laundering capital of the world, the global fentanyl hub, international home to organized crime heads and a reported 1 in 7,800 residents as members of organized crime.
Batten down the hatches as Carney’s Liberals use their mandate to maintain the immigration deluge, thereby destroying Canada’s support systems for health, infrastructure and burying western values.

Get set for all your fossil-fuelled vehicles and heating to be taxed into oblivion with the proceeds going to more bike lanes, clogged public transportation on unreliable electric vehicles. Expect listening to obnoxious Quebec politicians brag on their “clean” hydro power.
Speaking of vehicles, the Sheila Copps set mocked Poilievre’s vision of urban hell where cops tell you not to protect your goods in a home smash-and-grab or car-jacking. With police ceding the field to organized gangs it will be open season as courts and the Liberals abandon the middle class to obey DEI imperatives.
And most of all, welcome to a full-fledged constitutional crisis sparked by Alberta and Quebec that will make the 1980s federal/ provincial rumbles look like Sunday school. Both will seek referendums from their voters on sovereignty or some equivalent. As we suggested last month the best case could be the UK model of regional parliaments. Saskatchewan and Alberta could join with indigenous communities to demand a regional say on how their revenues are distributed. Expect purchased media to humble brag for the ruling Liberals.

The worst outcome of Carney as PM is Alberta gaining independence or, gasp, joining America. Because Quebec can never get a better deal outside Canada expect them to use any momentum on sovereignty to extort further concessions from what’s left of Canada.
But why believe us? According to the report released in early 2025 by Policy Horizons Canada — the Government of Canada’s in-house think tank— upward social mobility could become a relic of the past, with wealth and opportunity increasingly inherited rather than earned. Their scenario outlines a country where rising inequality, inaccessible housing, and a broken promise of meritocracy leave younger generations disillusioned, disconnected, and doubtful that effort alone can improve their lives.
So with scant days left in the campaign the problem for Conservatives is not that the Liberal base believes Carney and their heroes. They’ve seen enough to know Mr. Burns is a fraud. But with their #TDS the true believers will never admit to backing a lying, losing hype train. That would be like death to them. So they’re closing their eyes and hoping it will all be over soon and they can go back to Mr. Dressup. Just know their kids will never forgive them.
Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster A two-time winner of the Gemini Award as Canada’s top television sports broadcaster. His new book Deal With It: The Trades That Stunned The NHL And Changed Hockey is now available on Amazon. Inexact Science: The Six Most Compelling Draft Years In NHL History, his previous book with his son Evan, was voted the seventh-best professional hockey book of all time by bookauthority.org. You can see all his books at brucedowbigginbooks.ca.
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