Divest Canada Pension Plan from Russian investments

Elizabeth May (Saanich—Gulf Islands)
2022-02-28 22:43

Madam Chair, a lot of proposals have been put forward on top of the very good actions the government has already taken. One that I think came up earlier today relates to Canadian pension funds that are invested in Russian operations. We would have to amend the Canada Pension Plan Investment Board Act.

Would the hon. member agree with me that we should do so, and quickly, to divest of Russian investments?

Julie Dzerowicz (Davenport)
2022-02-28 22:44

Madam Chair, I am reluctant to provide advice on our pension fund about what to divest or not divest. However, I will say that I am very proud not only of how the government has taken action, but also of Canadians across this country and businesses, small, medium and large. Everybody has stepped up to ask what they can do, and I would encourage everybody to continue to do so. What more can we do? How can we further support Ukraine and Ukrainians? That is something we all should be doing in the coming days and weeks.