Warren Buffett on Investing in Canada | Berkshire Hathaway 2024

Its not Rocket science nor ..Our so called friends are traitor NOT FRIEND, never were/

Bloggers Note: with Transcript :Ten years of Trudeau,CANADA up for a fire sale 40% to 50 % off for American predators on our best Businesses .. this happened 3 or 4 times since #PapaTrudeau 1968 and now 2025 with #BabyTrudeau  the sinking$ and the American predators 

--------- SEE Canada has been a Farm  for USA businesses..our companies are built with large Subsidies AND GRANTS AND LOANS  FROM OUR FEDERAL AND PROVINCIAL development programs, innovation, research and development etc. 

And the Canadian Gov. WRECKLESS spending and taxing Canadians into recession and lower $ invites Americas to pluck the crop ...when it is ripe........ 

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 Ontario Canada as a Canadian

similar with Greg I always wonder about

our Canadian economy and what you think

about the Canadian economy we got some

Beatdown Bank stocks right now and I

don't know what your opinions on are on

these and I also wonder at in your 9s if

the rumors are true and you're still

able to eat McDonald's I like fast

myself but I always wonder at 93 he's

still able to eat those and enjoy the

cocaa thanks Warren okay well we've got

a Canadian here so we'll let him answer

uh first part and uh and if you if you

if you watch me you'll see what I I like

to eat I

mean but go to it Greg okay yeah well

we're we we are fortunate to have a

number of operations up in Canada it

goes across many of our operating

entities and then as waren touched on

all the businesses that we have a piece

of that we're invested in are are up in

Canada so the presence is significant

we're we're we're always looking at

making incremental Investments there

because it's a it's an environment we're

very comfortable with waren touched on

understanding the US environment

business environment and and I would put

Canada equally in that bucket that we

understand it and would be comfortable

and I I would say the economy moves very

closely to the to the US so the results

we're seeing out of our various

businesses that report both the US and

Canadian operations aren't aren't

drastically different um and and there's

a few that we're on the energy side for

example we make very substantial

Investments up there in in Alberta but

again it's very consistent with how that

economy is growing and I would see it

being very consistent with what we see

here warn anything yeah no we we we

obviously there aren't as many big

companies up there as there are in the

United States but but when we get a I

got one from Canada just the other day

that I sent over to Greg too that that

when when we see anything that's

suggesting an IDE idea that's of a size

that with interest here and meets other

requirements we don't have any hesitancy

about uh putting big money in in in in

in Canada just uh

and there are things we actually can do

fairly well or candidate could you know

benefit from from berkshire's

participation we did it some years ago

not that many years ago but but uh there

was a financial institution up there and

and uh uh they had a problem and as I

remember 30 plus you know various other

people that were kicking it around and

meanwhile the place was getting close to

the edge for not a fundamental problem

and uh Ted wler from our office went up

there I heard about it on a Monday or

something and Ted Whisler went up there

and we offered a solution in a couple of

days to something that that was getting

close to the brink so it it we do not

feel uncomfortable in any way shape or

form uh putting our money into Canada in

fact we're actually

looking at one thing now uh and but you

know they they still have to meet our

standards on terms of what we get for

our money but they but they don't have a

they don't have a mental we don't have

any mental blocks about that country and

of course there's a lot of countries we

don't understand at all so so Canada it

it's it's terrific when you've

got a major economy not the size of the

US but a major economy that that you

absolutely you you feel confident about