Bill Detail

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An Act to amend the Canada Pension Plan Investment Board Act (investments)

BillC-315
Session44-1
StageOutside Order of Precedence
Introduced2023-02-14
Proposed byAlistair Macgregor
parl.ca ↗

This enactment amends the Canada Pension Plan Investment Board Act to specify that the investment policies, standards and procedures established by the board of directors shall provide that no investment may be made or held in any entity that engages in certain practices.

✦ AI Summary

This bill proposes to change the rules for how the Canada Pension Plan Investment Board (CPPIB) invests money. It would require the CPPIB to ensure that no investments are made in companies involved in serious human rights abuses, labour rights violations, environmental damage, or the production of weapons banned by international law. It also prohibits investments in companies engaged in corruption.

Generated by Gemini ยท may contain errors

Legislative Timeline

2023-02-14
First reading
โœฆ AIBill proposes restricting investments in entities with certain practices.
Current
Outside Order of Precedence

Votes

Vote #: 386 Date: 2017-11-01 Result: Failed Yes: 140 No: 165 Paired: 2

Yes / No Ratio

Yes45.9%
No54.1%

How each party voted

PartyPositionYesNo
BlocYes100%0%
ConservativeYes100%0%
GreenYes100%0%
LiberalNo0%100%
NDPYes100%0%