Experts call for decoupling with China, as Canadians are unknowingly complicit in China’s human rights abuses when Ottawa invests in Chinese firms that are supporting the regime’s repressions, a House committee heard from testimonies. A recent report from the UK-based NGO Hong Kong Watch said that at least three federal and six provincial pension funds—including the…
Canadian Investment in China at Risk of Complicity in Human Rights Abuses, Experts Warn
Canadian Investments in China at Risk of Complicity in Human Rights Abuses, Experts Warn
Experts warn that Canadians are unknowingly complicit in Beijing’s human rights abuses due to federal and provincial government investments in Chinese firms that support the communist regime’s repression. A recent report from the UK-based NGO Hong Kong Watch said that at least three federal and six provincial pension funds—including the Canada Pension Plan Investment Board (CPPIB)—have…
Montreal’s Light Rail Megaproject Boondoggle a High-Risk Gamble for Public Pension System
Commentary With all the terrible things happening in the world right now, it might seem beside the point to discuss urban light rail. But public policy, like golf, is never so bad it can’t get worse. And a tiny throwaway line in a story out of Montreal, a cloud no bigger than a man’s hand,…
‘Uncharted Waters’: Canada Pension Plan’s 75-Year Sustainability Forecast
Projections that the Canada Pension Plan (CPP) is sustainably funded for 75 years may seem reasonable, analysts say, but they warn that variables could mean changes in the plan’s future operations. The CPP Investment Board (CCPIB) says the CPP will be sustainable over that period based on the most recent triennial report by Canada’s chief…
Canada Pension Plan Investments in China on Shaky Ground
Commentary There’s an old saying that fools and their money are soon parted. By extension, a foremost question when making or holding an investment should be: Will you be able to sell it? Put another way, what’s the risk that you might not be able to sell at any price? In this light, why does…
Canada Pension Plan Investments in China at Risk
Commentary There’s an old saying that fools and their money are soon parted. By extension, a foremost question when making or holding an investment should be: Will you be able to sell it? Put another way, what’s the risk that you might not be able to sell at any price? In this light, why does…
CPP Boss Machin Quits After Overseas Trip for COVID Shot, Defying Government Advice
The head of Canada Pension Plan Investment Board (CPPIB), Mark Machin, has resigned after travelling to the United Arab Emirates to be vaccinated against COVID-19, flouting Canadian government’s travel advice and drawing criticism. CPPIB, the country’s largest pension fund, on Friday named John Graham as chief executive officer, who is currently senior managing director and…
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