Despite mounting pressure from Canadians who want their money to stop supporting oil and gas, the majority of the country’s largest pension fund managers continue to invest in that sector — and are led by individuals with close ties to fossil fuel companies.
CBC News reviewed publicly-available bios and resumes of leaders overseeing Canada’s 10 largest pension fund managers and found that eight organizations have at least one high-ranking member, either a board member or an executive, who is actively directing a company in the oil or gas sector.
Those companies include oil and gas production firms, pipeline operators, gasoline retailers and