Close X
Thursday, January 16, 2025
ADVT 
National

CPP breaking rules on politics: environment group

Darpan News Desk The Canadian Press, 28 Sep, 2020 09:16 PM
  • CPP breaking rules on politics: environment group

An environmental group says the Canada Pension Plan is dodging rules that say its money cannot be used for political ends.

John Bennett of Friends of the Earth says the national plan owns a Colorado energy company that has spent more than $600,000 backing industry-friendly political candidates and lobbyists.

Crestone Peak Resources is 95 per cent owned by the Canada Pension Plan.

One of the company's five directors also works for the pension plan.

The plan's code of conduct forbids political donations -- either made directly or through a third party -- that could benefit its businesses,

Bennett says CPP officers refused to divulge the environmental and social guidelines that were used to evaluate Crestone's business.

MORE National ARTICLES

Tam to young people: stop spreading COVID-19

Tam to young people: stop spreading COVID-19
Canada's chief public health officer Dr. Theresa Tam is doubling down on warnings to young Canadians to stop fuelling the spread of the novel coronavirus.

Tam to young people: stop spreading COVID-19

Ban on some conditional sentences tossed out

Ban on some conditional sentences tossed out
A law that bars a judge from imposing a conditional sentence for certain offences was struck down as unconstitutional on Friday in a decision likely to find its way to the country's top court.

Ban on some conditional sentences tossed out

Canfor earns $60.7M in Q2 on higher revenues

Canfor earns $60.7M in Q2 on higher revenues
Canfor Corp. says its results turned positive in the second quarter on a large reversal of a writedown in its lumber operations due to improved demand and prices towards the end of the quarter.

Canfor earns $60.7M in Q2 on higher revenues

Trump 'poisoned' case against Meng: documents

Trump 'poisoned' case against Meng: documents
New court documents accuse the United States president of "poisoning" the extradition case against a Huawei executive being held in Canada.

Trump 'poisoned' case against Meng: documents

Feds allocate $540 million towards transit funding for BC

Feds allocate $540 million towards transit funding for BC
Huge transit funding announcement for BC today. Federal Environment Minister Jonathan Wilkinson made a $540 million dollar announcement  Thursday morning. 

Feds allocate $540 million towards transit funding for BC

Girl, 6, dies after Montreal stabbing

Girl, 6, dies after Montreal stabbing
A six-year-old girl was stabbed in an east-end Montreal residence early Thursday morning and died of her injuries hours later in hospital, police said.

Girl, 6, dies after Montreal stabbing