The Canadian Pension Plan Investment Board (CPPIB) manages a large and rapidly growing fund. The CPPIB however is accountable first and foremost to the federal and provincial governments, not the contributors and beneficiaries. Over the years, the CPPIB has moved from real assets to equities, and from investments in Canadian infrastructure to foreign investments. With over $539B of our public pension at stake, we need to be aware of what the CPPIB is up to.
*Tradução de inglês para português estará disponível**
Panelists spoke about the CPPIB and its investment in the military arms, mining, Israeli war crimes, and privatization of life sustaining public infrastructure including water in the Global South, and other alarming investments.
The discussion delves into what can be done to hold the CPPIB accountable for the public pension funds entrusted to it.
Moderator: Bianca Mugyenyi, CFPI
Denise Mota Dau , Sub-Regional Secretary for Public Services International (PSI)
Ary Girota, President of SINDÁGUA-RJ (Water purification, distribution and sewage workers’ union of Niterói) in Brazil.
Kathryn Ravey, Business & Human Rights Legal Researcher, Al-Haq in Palestine.
Fabiola Antezana, Vice President, National Confederation of Urban Workers in Brasil
Kevin Skerrett, co-author of The Contradictions of Pension Fund Capitalism and Senior Research Officer (Pensions) with the Canadian Union of Public Employees in Ottawa.
Rachel Small is Canada Organizer for World BEYOND War. Rachel has also organized within local & international social/environmental justice movements for over a decade, with a special focus on working in solidarity with communities harmed by Canadian extractive industry projects in Latin America.
Just Peace Advocates
World Beyond War
Canadian Foreign Policy Institute
Internacional de Servicios Públicos
Canadian BDS Coalition
**With Portuguese translation
Os Canadenses contra a agenda privatista do governo Bolsonaro
Uma troca de experiencias entre companheiros canadenses brasileiros sobre como o fundo de pensão público canadense está sendo usado para apoiar a agenda de privatização da Bolsonaro. Mas os trabalhadores canadenses não apoiam isto!
O dinheiro do fundo de pensão canadense foi recentemente utilizado para comprar parte do sistema público de água do Rio e foi mobilizado para a privatização da Eletrobras. A Internacional de Serviços Públicos está trabalhando para coordenar a resistência de nossas afiliadas no Canadá e no Brasil.
Com a participação de:
Denise Motta Dau – ISP Brasil
Ary Girota – Presidente do SINDÁGUA-RJ
Fabiola Latino Antezana – Vice presidente institucional da Confederação Nacional dos Urbanitarios – CNU
Kevin Skerrett – Sindicato dos trabalhadores do setor público do Canadá
Kathryn Ravey, Pesquisador Jurídico de Negócios e Direitos Humanos, Al-Haq, Palestina.
Rachel Small, World BEYOND War
Links from the webinar:
The Contradictions of Pension Fund Capitalism, EDITED BY KEVIN SKERRETT, JOHANNA WESTSTAR, SIMON ARCHER AND CHRIS ROBERTS
Brazilian water privatization deal exposes CPP to major risks:
Canadian Pension Plan dollars are being used to fund Bolsonaro’s water privatization in Brazil
Earlier letters from Al Haq and from Just Peace Advocates to WSP which have not been responded to
Weapons Investments by Various Countries and States
Divestment is a tangible tactic to defund war.
Watch original in Facebook and share: https://fb.watch/dPmmRnjCbD/
The Public Service International (PSI): https://publicservices.international/
World BEYOND War: https://worldbeyondwar.org/
Just Peace Advocates: https://www.justpeaceadvocates.ca/
Canadian Foreign Policy Institute: https://www.foreignpolicy.ca/