WEALTH FUND? What Wealth? | Jonathan Wellum on The Marc Patrone Show | 04.27.26

Rocklinc’s Jonathan Wellum on Carney’s “Sovereign Wealth” Fund, Capital Flight, and Rogers LayoffsHost Marc Patrone welcomes Rocklinc President and CEO Jonathan Wellum on his show, where they criticize Mark Carney’s proposed $25B “sovereign wealth” fund, arguing it is debt-funded, bureaucratic, prone to government picking winners and losers, and unlike Norway’s wealth fund. Canada should instead cut taxes, restrain spending, repay debt, and streamline regulations to restore predictability and attract private capital after significant capital flight and foregone projects. They also discuss reports that Rogers is offering buyouts to about half its workforce, attributing pressures to technology, competition (including satellite players), and fragmented media, and note that Rocklinc avoids telecom/media investments. 📖 **Chapters** ⏰00:00 Rocklinc ETF AD: https://www.youtube.com/watch?v=e34BGJZlqDA01:05 Host Intro and Anniversary02:13 Carney Debt Fund Breakdown05:05 Why It’s Not Norway05:54 Cronyism and Market Distortions10:23 Leveling the Resource Playing Field11:58 Rogers Buyouts and Telecom Shakeup15:14 Regulation, Competition, and AI Pressure16:40 Rocklinc Contact and Wrap Up👉 Click Here to Subscribe: https://www.youtube.com/@RockLincPartners?sub_confirmation=1*Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/*Learn more about ROCKLINC: https://www.youtube.com/playlist?list=PLjbJS8-FZgaExMwLylSU6IOMMaSkT0y_POr visit our website: https://www.rocklinc.com=============================Connect with us=============================Get a free portfolio review with Jonathan Wellum and the ROCKLINC team: https://bit.ly/4anVNzdGet to know Jonathan Wellum: https://youtu.be/ezMiX0FtZ7g*Follow us on social media:*👉 X: https://x.com/RocklincIP👉 Facebook: https://www.facebook.com/rocklinc👉 LinkedIn: https://www.linkedin.com/company/rocklinc-investment-partners-inc-👉 YouTube: https://www.youtube.com/@RockLincPartnersWant help achieving your financial goals? Contact us:✉️ [email protected]📞 905.631.5462#ROCKLINC #PrincipledInvesting #RKLC #ValueInvesting #HardAssets #markcarney #cdnpoli*Disclaimer: The views expressed are those of ROCKLINC Investment Partners Inc. as of the date of recording and are subject to change. This material is for information only and is not investment, legal, or tax advice. ROCKLINC and/or its funds, including RKLC, may hold positions in any security discussed. Past performance is not indicative of future returns.