We’re campaigning to divest the Canada Pension Plan from weapons manufacturers, fossil fuels, and international human rights violators. Currently, the Canada Pension Plan (CPP) manages $421 billion on behalf of over 20 million working and retired Canadians. It is one of the largest pension funds in the world. Because of its size and influence, how the CPP invests our retirement dollars is a major factor in which industries thrive and which recede in the decades to come. The CPP has $21.72 billion invested in fossil fuel producers alone and over $870 million in global weapons dealers. This includes $76 million invested in Lockheed Martin, $38 million in Northrop Grumman, and $70 million in Boeing. As of March 31, 2022, the Canada Pension Plan had $524 million invested in 11 of the 112 companies listed in the UN Database as complicit with Israeli violations of international law. The CPP’s influence not only provides core financial support to global weapons dealers directly benefiting from war, it also provides social license to the military-industrial complex and disincentivizes moves to peace.
Write to the Canada Pension Plan to demand that CPPIB divest from weapons manufacturers, fossil fuel companies, and corporations complicit in Israeli war crimes.Click to Write a Letter
Contact us to join the CPP Divest Google Group and stay in the loop on future meetings and action opportunities.