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CPPIB and OMERS are at arms-length from the government. They have a free hand to invest in anything that meets their objectives and at least for CPPIB, any impl
by eigenvector 11y ago
CPPIB and OMERS are at arms-length from the government. They have a free hand to invest in anything that meets their objectives and at least for CPPIB, any implication that the government had meddled in investment decisions for political reasons would be a huge scandal. Until recently, the Ontario Teachers' Pension Plan owned the Toronto Maple Leafs, one of the most profitable pro sports teams in the world.
In Canada, if it makes money, the pension plans are in on it. It's not political - just business.