What to know now

Alternative Investments: Hedge Funds, Private Equity & Real Assets · 2:54

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Lyrics

[Verse 1]
Hudson's Bay with eighty stores
Nine thousand jobs behind closed doors
The headlines blame the online wave
But PE firms dug the grave
They bought it up, they stripped it down
Left empty shells in every town

[Chorus]
Follow the money, follow the chain
Private equity's extraction game
Never fifty-one, keep control
Don't let foreign interests steal our soul
IRR lies, the numbers fake
Know what's real for Canada's sake

[Verse 2]
VetStrategy started here at home
Canadian-owned, we called our own
First PE sale, still north of border
Second sale crossed the water
Now foreign hands control the game
While using our Canadian name

[Chorus]
Follow the money, follow the chain
Private equity's extraction game
Never fifty-one, keep control
Don't let foreign interests steal our soul
IRR lies, the numbers fake
Know what's real for Canada's sake

[Bridge]
Six point six billion for defence
But who owns the companies from hence?
OSC wants retail in the pool
Don't let misleading metrics fool
The same fake returns that trapped the pros
Will hurt the people no one knows

[Verse 3]
When Trump called us fifty-one
Said we'd be his northern son
We learned that sovereignty's at stake
When foreign ownership's on the make
Our businesses, our defence base
Can't let PE set the pace

[Chorus]
Follow the money, follow the chain
Private equity's extraction game
Never fifty-one, keep control
Don't let foreign interests steal our soul
IRR lies, the numbers fake
Know what's real for Canada's sake

[Outro]
What they know that you don't yet
PE's not a safe sure bet
Follow money, check the source
Keep Canada on its course

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