Let's be honest, the whole divesting from Israel, although sounds impactful, will have zero effect on Israeli companies, nor their government. The value of those Israeli stocks will likely not be affected long term, since a dip in price will likely result in an instant buy from many hedge funds and private equities, since they are essentially priced under the market price. Ironically, a non-trivial number of those funds receive their money from states like Saudi Arabia, who supports Palestine. So while those states publicly claim their support for Palestine, they are indirectly invested in Israeli firms (e.g. 10% of the Shlomo group is owned by the Saudi), and divesting would simply result in those investors to gain a bigger position on Israeli companies by buying the dip, increasing their stakes (and consequently their position) wrt the Israeli corporate system.
this post was submitted on 30 Apr 2024
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That is still okay, let the Saudis or whoever else fund Israel rather than Canadian institutions.