Canada Should Guard Against Pension Investments in Chinese Companies Involved in Rights Abuses, Say MPs

A report says there are ‘currently no measures’ to prevent public pension funds from investing in firms in China alleged to be complicit in human rights abuses.
Canada Should Guard Against Pension Investments in Chinese Companies Involved in Rights Abuses, Say MPs
The logo of the Canada Pension Plan Investment Board on electronic devices. T. Schneider/Shutterstock
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Canada lacks measures to prevent public pension funds from investing in companies in the People’s Republic of Chinese (PRC) allegedly involved in human rights violations, stated a recent report from a House of Commons committee that is calling for the implementation of protective measures.

“There are currently no measures which prevent those pension funds from investing in companies in the PRC responsible for, or complicit in, human rights violations,” the Special Committee on the Canada–People’s Republic of China Relationship (CACN) stated in its Dec. 13 report.