Canadian Pension Funds Invested in Chinese Companies Indirectly Linked to Human Rights Abuses, House Committee Hears

Canadian Pension Funds Invested in Chinese Companies Indirectly Linked to Human Rights Abuses, House Committee Hears
The website of the Canada Pension Plan in a file photo. Sean Kilpatrick/The Canadian Press
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Some Canadian pension funds have invested in Chinese companies complicit in human rights abuses, the CEO of a geopolitical intelligence consulting firm told a House committee, echoing concerns from rights advocacy groups.

“What we’ve noticed is that ... America has a list of countries that are sanctioned, that can no longer act in the disclosure rules that are much more binding, and as far as we’re concerned, Canadian authorities should play a much more significant role in the setting up of this system of management of risk,” Alex Payette told MPs on the House committee on the Canada–People’s Republic of China Relationship (CACN) on April 24.