April 2026
The Canadian Pension Plan Investment Board Gets an Earful from Alberta
The Canadian Pension Plan Investment Board Gets an Earful from Alberta
Jenny Yeremiy is an Alberta-based activist and close ally of the For Our Kids Alberta team. In March, Jenny, Claire Kraatz (For Our Kids Alberta), and Dr. Joe Vipond (Canadian Association of Physicians for the Environment) attended a CPPIB community forum. CPPIB is the company that manages investments for the Canada Pension Plan, and their investments in fossil fuels and the weapons industry are not only causing widespread destruction, they are also making all Canadians complicit in climate chaos and war.
Jenny wrote about the experience -- and the tough questions that she, Claire, Dr. Joe, and other community members posed to CPPIB -- on her blog, The Gravity Well. Here's an excerpt:
Claire closed questioning by asking how the CPPIB can justify investment in Tiene Energy and other oil and gas producers who are actively lobbying against Federal emissions reduction regulations. Leduc’s final comments suggest he appreciates things are getting worse and not better, and that it is by the oil and gas industry’s design.
The message is clear, from the province who knows about the industry most, the CPPIB has a responsibility to divest from their position in war and fossil fuels. To maintain this position, when there is zero evidence of good faith, is misleading Canadians into the future. Change is needed, leaders are needed. What the CPPIB does next matters, they have been told from the horse's mouth.
Kudos to Jenny, Claire, and Dr. Joe for ensuring community voices get heard!
