Close X
Sunday, January 12, 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

Snowbird jets take off from B.C. after grounding

Snowbird jets take off from B.C. after grounding
Capt. Jennifer Casey, the team's public affairs officer, was killed, while pilot Capt. Richard MacDougall was seriously hurt.

Snowbird jets take off from B.C. after grounding

Former B.C. chief justice Lance Finch dies at 82

Former B.C. chief justice Lance Finch dies at 82
Chief Justice Robert J. Bauman says as a judicial leader, Finch was strong, steady and humble.

Former B.C. chief justice Lance Finch dies at 82

New housing for homeless announced for Vancouver

New housing for homeless announced for Vancouver
Housing Minister Selina Robinson and Mayor Kennedy Stewart announced plans to build 98 temporary modular homes just a few blocks from Strathcona Park where a homeless encampment has been growing.

New housing for homeless announced for Vancouver

Athletes using platform for social change in new era

Athletes using platform for social change in new era
It was impressive to see NBA players — as well as women in the WNBA — collectively deciding not to play last week.

Athletes using platform for social change in new era

Terry Fox Run goes virtual this year

Terry Fox Run goes virtual this year
The Terry Fox Foundation says participants can sign up online for a milestone fundraiser that won't be halted by the pandemic.

Terry Fox Run goes virtual this year

WATCH: Back to school causes anxiety for parents, Dr.Bonnie Henry's ad faces criticism by teachers, Canucks play Golden Knights

WATCH: Back to school causes anxiety for parents, Dr.Bonnie Henry's ad faces criticism by teachers, Canucks play Golden Knights
WATCH: Back to school woes and anxieties heightened for parents. Continuing spike in COVID-19 numbers for BC. Dr Bonnie Henry facing criticism from teachers for out of touch AD, and NHL playoffs continue with Canucks back on the ice tonight.

WATCH: Back to school causes anxiety for parents, Dr.Bonnie Henry's ad faces criticism by teachers, Canucks play Golden Knights