Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry
Corporate Knights
NOVEMBER 24, 2023
By standing before the Calgary Chamber of Commerce and pledging our national pension fund’s continued support for the Alberta oil and gas industry, Canada Pension Plan Investment Board (CPPIB) CEO John Graham predictably told Alberta Premier Danielle Smith and her Big Oil allies exactly what they wanted to hear. But the financing needs and expansion plans of oil and gas companies are incompatible with CPPIB’s mandate to ensure Canadians’ retirement security by investing “with a view to achieving
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