CPPIB pulls investments from companies running detention centres on U.S.-Mexico border


    The Canada Pension Plan Investment Board (CPPIB) is no longer holding shares in CoreCivic and GEO Group, according to public disclosures. In a Wednesday tweet about the move, NDP MP Charlie Angus said he met with the pension plan in October 2018, and asked the firm to drop its investments in the detention-centre companies. “I challenged them to do better,” Angus tweeted. He said he told the CPPIB, “Canadians would not accept pension profits coming from these degrading detention centres.” The CPPIB declined to answer questions about whether Angus’ meeting influenced the firm’s investments or what prompted the dropping of the two companies. (The Logic)

      Read this article for free

      By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.
      Already a subscriber?