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Pensions, Climate Risk and the Law: The Legal Case Against t

PostPosted: Wed Dec 17, 2025 8:44 pm
by Oscar
Pensions, Climate Risk and the Law: The Legal Case Against the Canada Pension Plan Investment Board

November 25, 2025 - Recording now available here . . . .

***SEE COMMENT below - Elizabeth May Adjournment proceedings - December 4, 2025***

Watch the recording here. [ https://www.youtube.com/watch?v=7g9xK-yBCJY ] - 1 hour, 2 minutes

EXCERPT: "Join Shift: Action for Pension Wealth and Planet Health for a discussion on the landmark legal case launched in October 2025 by four young Canadians against the Canada Pension Plan Investment Board (CPPIB, or CPP Investments).
With representation from environmental law charity Ecojustice and legal firm Goldblatt Partners LLP, the applicants allege that CPPIB is failing to protect the long-term financial interests of Canadians by not adequately managing the systemic risks that climate change poses to the Canada Pension Plan.

The legal filing argues that CPPIB is breaching its duties by continuing to invest billions in fossil fuel companies – the very industries driving the climate crisis – without sufficient evidence of effective risk mitigation or alignment with a livable climate future. The applicants are asking the court for declaratory relief to affirm that CPPIB must act in the best interests of both current and future beneficiaries by addressing climate-related financial risks head-on.

The case marks a pivotal moment at the intersection of youth climate action, fiduciary duty, and the future of Canada’s national pension fund.

This case arrives at a moment when climate impacts are worsening and climate-related financial risks are multiplying, and, despite political headwinds, the global energy transition is accelerating. It challenges one of the largest pension funds in the world to align its investment decisions with the long-term interests of Canadians and the health of the planet.

Join us to unpack what this legal action could mean for the future of our pensions – and why young Canadians are turning to the courts to protect their financial and climate future. . . . "

Watch the recording here: [ https://www.youtube.com/watch?v=7g9xK-yBCJY ]

Re: Pensions, Climate Risk and the Law: The Legal Case Again

PostPosted: Wed Dec 17, 2025 8:46 pm
by Oscar
PENSIONS: ELIZABETH MAY - Saanich - Gulf Islands - Green Party of Canada

Adjournment Proceedings - December 4th, 2025

EXCERPT: "Mr. Speaker, I rise virtually tonight at Adjournment Proceedings to pursue a question I asked on October 31. The response came from the hon. Minister of Transportation, who is also the government leader in the House. It was inadequate, and that is why I pursue this very urgent matter tonight.

We are supposed to have a government policy of putting Canada first. The question I put that day in question period pertained to the Canadian Pension Plan Investment Board and its actions, and I asked why we did not put Canada first. The hon. minister answered by saying that the CPPIB, the Canada Pension Plan Investment Board is “ethical” in tracking and “above-board” in making “investments all over the world, including in Canada.” He went on to say that the Canada Pension Plan Investment Board “take[s] investing in Canada very, very seriously.”

Well, the CPPIB does not invest much in Canada, and I think my colleagues in the House need to know this about the $92 billion of our pension money, and so do all Canadians who have investments in the Canada pension plan and who count on it for our retirement. The Canada Pension Plan Investment Board currently has 12% of that $92 billion invested in Canada and 47% invested in the U.S. and elsewhere all around the world. . . . .

It is time to bring the investment board act back to Parliament and amend it so, at the very minimum, the Canada Pension Plan Investment Board considers what is good for the Canadian economy and for our future. I do not want my Canada Pension Plan Investment Board investing in ways to burn the planet for my granddaughter who has to grow up in a place that may be unlivable, but at a minimum, it should support Canadian businesses first."

[ https://openparliament.ca/debates/2025/ ... eth-may-4/ ]

Re: Pensions, Climate Risk and the Law: The Legal Case Again

PostPosted: Wed Dec 17, 2025 8:48 pm
by Oscar
MUST WATCH: Press Conference: Elizabeth May Provides End-of-Session Update on Key Legislation, Federal Budget Developments, and Emerging U.S. Security Policy

December 11, 2025 - 34 Minutes

Excellent airing the worst elements of the current state of the Canadian Government !!


[ https://elizabethmaymp.ca/press-confere ... ty-policy/ ]