BREAKING: CPPIB shuts down Q&A session

It was the largest and longest CPP meeting in its entire 20 year history

A,

I have some incredible things to tell you. I was at the last public meeting for the CPP Investment Board last week and I'm so proud to report that, because of members like you, the CPP heard loud and clear that you do not want your retirement savings to be invested in US private prison corporations.

It started last Monday, when a group of committed folks braved the rain and wind in Vancouver to attend one of the CPP Investment Board's public meetings where they demanded action on getting our retirement savings out of Trump’s immigration prisons that detain children and families.

VancouverAction
This group braved 80km/hr winds to get their message to... CPP executives in Vancouver

One of the most powerful moments in the room was when a young woman who brought her child to the meeting said, “When we talk about putting children in cages, we're talking about kids same age as my little guy."

MotherandChild
Mother: "When we talk about putting children in cages, we're talking about kids same age as my little guy."

And then on Friday, over 100 concerned folks braved the snow and rallied outside the meeting to call on the CPP to divest out of corporations doing Trump’s bidding at the US - Mexico border. Then we all headed into the meetings and packed the room.

It was the largest and longest CPP meeting in its entire 20 year history. And you helped make that happen.


More than 100 SumOfUs and Leadnow member came to Toronto action.

The meeting was intense. I was there myself, and I heard a man from Honduras begging the CPPIB to get out of private prisons and he eventually left in tears. But instead of listening, the CPP refused to keep taking questions from the crowd about these risky and unethical investments.

It’s absolutely unacceptable for the CPP to shut down a question and answer period about an issue this serious, especially when public hearings only happen once every two years. We know we’ve scared them: they are skirting answers to key questions about these unethical investments.

And the pressure is building. We’ve gotten national and international news coverage on this issue and we are letting the CPP Investment Board know that this issue is not going away.

Actions like this are incredibly impactful, but also cost a lot of money. We have already spent a few thousands dollars on this campaign to ensure that our retirement savings are not funding these horrible corporations.

Could you chip in CA$99 to help us recover some of our costs?

We’re not going to give up this fight. This issue is of critical importance to so many people in Canada, and we will not stop fighting until the CPPIB stops lining the pockets of companies like GEO Group and CoreCivic.

We’ll be in touch with next steps on this campaign, but for now just know you are making a massive difference.

Thank you to everyone who is participating in this campaign -- it's inspiring, and I believe we are making a real impact, and that we can and will win.

Thanks for all that you do,
Amelia, Angus, Assya and the team at SumOfUs


PS: here's a list of media coverage that we've gotten since we started the campaign:

Canada pension fund investment into US detention firm larger than reported, The Guardian, 2 December 2018
Outrage Builds As Canada Pension Plan Retains U.S. Private Prison Stocks, Huffington Post, 29 November 2018
CPPIB keeping stakes in U.S. prison firms amid illegal immigration controversy, Financial Post, 28 November 2018.
Canada Pension Keeps U.S. Prison Stakes Amid Immigration Controversy, Bloomberg, 27 November 2018.
End Canada Pension Plan investment in migrant detention facilities now, say advocates, The Star Vancouver, 26 November 2018.
Advocates demand Canada Pension Plan stop investing in prison operators that detain migrants, The Star Vancouver, November 15 2018.


SumOfUs is a community of people from around the world committed to curbing the growing power of corporations. We want to buy from, work for and invest in companies that respect the environment, treat their workers well and respect democracy. And we’re not afraid to stand up to them when they don’t.

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