Category: Canada Pension Plan

Canadian pensioners wade into China’s housing market

(April 16, 2014) Working Canadians are placing a bet on the Chinese real estate market thanks to the Canada Pension Plan Investment Board that invests their obligatory pension contributions globally.

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Clear water, big fish

(December 12, 2009) Twenty-three hundred kilometres of transmission lines, to be built by Transelec Chile SA (investors include the CPP Investment Board, the British Columbia Investment Management Corp. and Toronto conglomerate Brookfield Asset Management Inc.), would require the world’s longest clear-cut up through the heart of Patagonia’s untouched temperate forests.

Canadians funding destruction of Patagonia forests

(December 9, 2009) A recent article in Pique highlights concerns about the involvement of the Canadian-owned company Transelec in a hydro electric project in Chile’s Patagonia region. The project, which plans to build five dams and 2,300 km of transmission lines with a parallel highway that would pass through 14 legally protected natural areas, has been criticized by environmentalists in the country and around the world, as well as business leaders.

Canada pension fund urged to abandon Chilean transmission scheme Eco groups call it harmful and unnecessary

(June 21, 2009) Probe International is calling on the Canada Pension Plan (CPP) Investment Board to halt its investment in a controversial hydro transmission project in Chile’s Patagonia region. The CPP is currently listed as an investor in a 1,500-mile (2,400 kilometres) transmission project designed to handle power from five proposed hydroelectric dams in the Chilean Patagonia.

Probe International reply to Canada Pension Plan Investment Board

(June 17, 2009) Last August, HidroAysén submitted its Environmental Impact Assessment to the environmental authorities for its proposed hydroelectric dams in the Patagonia region of southern Chile. The EIA excluded the transmission component of the project, which would be developed by Transelec and includes a 1,500-mile long transmission line and related infrastructure crossing through 14 legally protected natural areas and thousands of private properties, around volcanoes, and over fjords spanning, in all, more than half of Chile’s entire length.

Giant "Dam Home Depot" banner flies over Atlanta during company’s annual shareholder meeting

(May 28, 2009) Early this morning the nonprofit environmental organization International Rivers flew a giant "Dam Home Depot" banner over the company’s annual shareholder meeting in Atlanta. Protesters also unfurled a banner and raised questions inside the shareholder’s meeting, asking Home Depot executives to account for their role in supporting the destruction of Patagonia.