Canada Pension Plan Investment Board, And Some Of Their Holdings

The Canadian Pension Plan Investment Board is responsible for investing the money that gets taken from workers’ pay cheques. Now, what does this group actually invest in? The answers may be surprising, as it speaks to the direction they plan to take the fund.

COMPANY AMOUNT
3M Co. $51,203,000
Acceleron Pharma Inc. $85,000
Agios Pharmaceuticals Inc. $1,017,000
Alexion Pharmaceuticals $33,800,000
Alnylam Pharmaceuticals $1,329,000
Amicus Therapeutics $31,186,000
Arrowhead Pharmaceuticals $69,000
Biogen $3,749,000
Biohaven Pharmaceuticals $31,000
China Biologic Products $242,000
CVS Health Corp. $104,361,000
Cardiovascular Sys Inc. $1,339,000
Checkmate Pharmaceuticals $219,000
Eli Lilly & Co. $134,902,000
Fusion Pharmaceuticals $36,624,000
GW Pharmaceuticals $173,115,000
Gilead Sciences $85,944,000
HCA Healthcare $20,325,000
Healthpeak Properties Inc. $43,159,000
Horizon Therapeutics $688,000
Hutchison China Meditech $3,145,000
Ionis Pharmaceuticals $2,414,000
Johnson & Johnson $479,225,000
Ligand Pharmaceuticals $466,000
Magellan Health $5,683,000
Medifast Inc. $641,000
Medpace Holdings Inc. $15,813,000
Merck & Co. $379,344,000
Mirati Therapeutics $61,000
Moderna $75,193,000
Neurocrine Biosciences $752,000
Novavax Inc. $56,000
Opko Health Inc. (Sold off)
Orthofix Med Inc. $976,000
PTC Therapeutics $13,561,000
Pacira Biosciences $13,925,000
Pfizer Inc. $224,969,000
Phillip Morris $128,347,000
Physicians Realty Trust $5,618,000
Prestige Consumer Healthcare $1,022,000
Procter & Gamble $498,019,000
Quest Diagnostics $130,317,000
Reata Pharmaceuticals $323,000
Regeneron Pharmaceuticals $3,233,000
Royalty Pharma $5,420,000
Sabra Healthcare REIT $6,232,000
Sage Therapeutics $735,000
Sigilon Therapeutics $71,333,000
Starr Surgical Co. $21,247,000
Teladoc Health Inc. $4,796,000
Tenet Healthcare Corp. $14,267,000
Teva Pharmaceuticals $1,723,000
Theravance Biopharma $169,000
Thermo Fisher Scientific $198,939,000
Trevi Therapeutics $36,000
Trillium Therapeutics $1,431,000
Ultragenyx Pharmaceutical $1,000
United Therapeutics Corp. 413,000
Unitedhealth Group Inc. $1,067,720,000
Usans Health Sciences $5,867,000
Viatris Inc. $16,153,000
West Pharmaceutical SVSC $410,000
Zimmer Biomet $19,398

Aside from all of the stocks in pharmaceuticals and health care, the CPPIB has interests in many other organizations that will raise eyebrows. True, the “Great Reset” may be a massive conspiracy theory, but the investments here would suggest otherwise.

COMPANY AMOUNT
Alphabet Inc. $2,188,964,000
Amazon Inc. $779,986
American Express $134,979,000
Apple Inc. $979,811,000
Aramark $19,240,000
Autodesk $19,044,000
Bank of America $372,509
Bank of Montreal $62,350
Bank of Nova Scotia $216,553,000
Best Buy $12,943,000
Blackline Inc. $493,000
Blackrock $230,895,000
Blackstone $53,059,000
Boeing $70,565,000
Citigroup $319,809,000
Comcast Corp. $65,150,000
E-Bay $15,259,000
Equifax $135,602,000
Fox Corp. $4,632,000
Hewlett Packard $121,000
Home Depot $274,181,000
Icici Bank Limited $59,222,000
JP Morgan Chase $876,096,000
Mastercard Incorporated $2,236,387,000
Microsoft Corp $1,143,414,000
Molson Coors Beverage $8,593,000
NASDAQ $5,116,000
Newscorp $470,000
Paycom Software 4993,000
Paychex Inc. $19,982,000
PayPal Holdings $228,341,000
Pinterest $611,000
Rogers Communications $1,500,000,000
Royal Bank of Canada $537,548,000
Shaw Communications Inc. $100,269,000
Shopify $244,903,000
Starbucks Corp. $32,580,000
Synchrony Financial $5,553,000
Target Corp. $29,903,000
Tesla Inc. $128,538,000
Toronto Dominion Bank $289,035,000
Transunion $37,293,000
Trip Advisor $1,468,000
Twitter Inc. $57,887,000
Uber Technologies $60,382,000
Verizon Communications $192,559,000
Visa Inc. $135,000
Vonage Holdings Corp $145,000
Walmart Inc. $245,483,000
Zoom Video Communications $5,807,000

For reference, Alphabet Inc. is the company that owns Google and its subsidiaries, such as YouTube. It seems that being major stakeholders in the business will have great influence over the social media censorship that Governments ask them to play. CPPIB holds over $2 billion. Difficult to say no to your biggest shareholders.

Additionally the CPPIB holds over $50 million in stock in Twitter. This platform has also been brutal when it comes to censoring views that contradict official pandemic or election narratives.

This is certainly quite in the interesting portfolio: pro-big pharma, and pro-Great Reset. However, there is a bigger and more fundamental problem that needs to be addressed: liabilities.

Year Value of Fund Inv Income Rate of Return
2010 $127.6B $22.1B 14.9%
2011 $148.2B $20.6B 11.9%
2012 $161.6B $9.9B 6.6%
2013 $183.3B $16.7B 10.1%
2014 $219.1B $30.1B 16.5%
2015 $264.6B $40.6B 18.3%
2016 $278.9B $9.1 6.8%
2017 $316.7B $33.5B 11.8%
2018 $356.B $36.7B 11.6%
2019 $392B $32B 8.9%

The CPPIB routinely crows about how well its investments do, and how the fund is worth hundreds of billions of dollars. The problem is that it has a screwy accounting system. Instead of taking into account all assets and liabilities, the health is determined by ability to meet current obligations. The fund has been properly accounted, and there is over $1 trillion in unfunded liabilities. This is money taken in an spent, for which it (should have been) paid out.

Most pension systems act as a ponzi scheme, where the only way to meet old obligations is with the infusion of new money. Clearly, such a system is unsustainable in the long term.

But hey, at least our investments in Pfizer, Moderna, Johnson & Johnson, Gilead, Eli Lilley and 3M are doing well. Good thing there is a “pandemic” to drive up demand for these products.

To hell with free speech and open media.
Big pharma is here to stay.

https://www.sec.gov/edgar/browse/
https://www.sec.gov/edgar/browse/?CIK=1283718
https://www.sec.gov/Archives/edgar/data/1283718/000110465921024475/xslForm13F_X01/infotable.xml
https://www.cppinvestments.com/the-fund/our-performance
https://canucklaw.ca/pensions-1b-unsustainable-underfunded-takes-money-out-of-canada/

Ontario Teachers Pension Plan, And The Interesting Stocks They Own

https://twitter.com/ETFOeducators/status/1371865858046365704

The Elementary Teachers Federation of Ontario (ETFO) has publicly called for forcing masks on children, even those in kindergarten. However, not everything is as it appears. For example, the OTPP, the Ontario Teachers Pension Plan, owns $83 million in stock in 3M. This is a company that makes masks.

Also, an honourbale mention and shoutout to Stormhaven, who has covered this, and taken a different approach. Check that piece out as well, as it has lots of good information.

What else is in the OTPP (which includes both elementary and high school teachers)? Information on the holdings can be obtained for free at the U.S. SEC, the Securities and Exchanges Commission.

COMPANY AMOUNT
3M CO $83,000,000
Abbott Labs $355,000
Biogen Inc. 41,915,000
Eli Lilly & Co $1,110,000
Gilead Sciences $1,406,000
Globeus Med Inc. $513,000
Jazz Pharmaceuticals PLC $317,000
Johnson & Johnson $84,386,000
Medpace Holdings Inc. $393,000
Merck & Co. $406,000
Mersana Therapeutics $504,000
Moderna Inc. $970,000
Pfizer $599,000
Procter & Gamble $837,000
Regeneron Pharmaceuticals $736,000
Sarpeta Therapeutics $753,000
TEVA Pharmaceuticals $17,487,000
United Therapeutics Corp. $1,077,000
Vertex Pharmaceuticals $502,000
West Pharmaceutical SVSC $797,000

$83 million in 3M, a company that manufactures facemasks. This is one of those things that makes you go “hmmm….”, doesn’t it?

In addition to owning parts of companies involved in health care and pharmaceuticals, the OTPP has other interests in businesses that will also profit from extended lockdowns, and the “Great Reset”. Here are some of them:

COMPANY AMOUNT
Amazon Group $287,000
Apple $1,104,000
Bank of America Corp $579,000
Black Hills Corp $322,000
Blackstone Group $413,000
Costco Wholesale $943,000
Goldman Sachs $1,714,000
Home Dept $81,854
Kroger Co. $662,000
McDonald’s Corp. $81,651,000
Microsoft $244,167,000
PayPal Holdings $542,000
Pepsico $853,000
Rogers Communications $743,000
Shaw Communications $906,000
Tesla Inc. $561,455,000
Tri Pointe Group Inc. $1,118,000
Twitter Inc. $257,000
Verizon Communications $860,000
Visa Inc. $83,780,000
Zoom Video Communications $392,000

It’s not much of a stretch to see that the OTPP stands to benefit from lockdowns and the “Great Reset”. After all, they are heavily invested in industries and companies that will profit from the current situation.

In addition to owning part of 3M, this Pension Plan also owns considerable stock in Gilead Sciences, Eli Lilly, Merck, Moderna, Pfizer, Teva, and over $84 million in Johnson & Johnson. This could explain their support for the vaccine agenda. Then again, it could all just be a coincidence.

It could also be a coincidence that Jo Taylor, who’s in charge of the OTPP, has ties to the World Economic Forum. Likewise, it may just be happenstance that Mark Wiseman, who runs Blackrock (which owns SNC Lavalin), used to run the CPPIB, and helped set up the OTPP.

Read into it what you will.

https://www.sec.gov/edgar/browse/?CIK=937567
https://archive.is/EFPhz
Submissions At End Of December 2020
https://archive.is/PQnkQ
SEC Filings, Total Pension Fund Assets, December 2020
https://archive.is/SKUga
https://www.weforum.org/agenda/authors/jo-taylor
https://www.weforum.org/people/mark-wiseman

Ontario Teachers, World Economic Forum
Healthcare Of Ontario Pension Plan’s Holdings

Healthcare Of Ontario Pension Plan (HOOPP) Owns Stock In Vaccines & Masks Being Pushed

The Ontario Science Table lists groups in the health care sector as its partners. Whether or not the individual members support this, and to what extent, the pensions of a lot of people are tied up in promoting their agenda.

HOOPP, the Healthcare of Ontario Pension Plan has some interesting medical holdings. This is at least according the SEC, or U.S. Securities and Exchanges Commission. While there is nothing inherently bad in investing in your own field, it will be driven by the way you want it to go.

The fund claims to have over $100 billion in net assets, or equity. Fair enough, let’s take a look at where some of that money is.

COMPANY AMOUNT
1Life Healthcare $540,000
3M Co. $462,000
Alexion Pharmaceuticals $34,891,000
Alnylam Pharmaceuticals $213,000
Alpha Healthcare Acquisition Corp $2,232,000
Amplitude Health Care Acquisition $930,000
Bausch Health Cos $2,366,000
Biogen Inc. $235,000
CVS Health Corp $32,871
Cytomx Therapeutics Inc. $835,000
Deerfield Healthcare Technology Acquisition $2,696,000
DFP Healthcare Acquisition $3,633,000
Gilead Sciences $6,420,000
HCA Healthcare $142,000
Healthcare Merger Corp. $1,019,000
Jazz Pharmaceuticals PLC $3,538,000
Johnson & Johnson $34,401,000
Livongo Health Inc. $6,169,000
Merck & Co. $6,221,000
Pfizer $38,467,000
Regeneron Pharmaceuticals $1,052,000

The individual companies weren’t named in the HOOPP paperwork, so a visit to the SEC was needed for that. For reference, Gilead is the manufacturer of Veklury, also known as Remdesivir, a drug (not a vaccine) to counter Covid-19. It was given interim authorization to be used in Canada. Janssen (which is owned by Johnson & Johnson) also has an authorized “vaccine” in Canada. So does Pfizer, which is partnered with BioNTech. Yes, these are the same companies.

As for the next group, this is on the list of things that will make you go “hmmm”. If health care workers in Ontario were expecting, or wanting, a shutdown of society, these would be the companies to invest in.

A serious question: does it come across as a conflict of interest when health care workers are pushing pharmaceuticals which their pension plans own stock in? And it gets stranger.

COMPANY AMOUNT
Alibaba Group Holdings $730,000,000
Alphabet Inc. $4,799,000
Amazon $18,848
Beyond Meat Inc. $151,000
Blackline Software $16,000
Blackrock $85,000
Blackstone Group $625,000
Broadcom Inc. $181,000
Coca Cola Co. $58,552,000
Dish Network Corporation $89,000
E-Bay $101,000
Facebook $24,022,000
Goldman Sachs $15,978,000
Grid Dynamics Inc. $4,676,000
Mastercard $427,644,000
Microsoft Corp. $298,081
Netflix $335,000
Nike $2,354
PayPal Holdings $378,000
Salesforce $2,746,000
Shaw Communications $6,386,000
Shopify $50,537,000
Starbucks $11,065,000
Visa $1,802,000
Walmart $13,148,000
Zoom Communications $216,000

HOOPP seems to be investing in everything that we need in order to have a cashless society, working from home, and an abundance of pharmaceuticals. But that’s probably just a coincidence.

While most of the profiles of the HOOPP leadership were privatized, a few were in the open. Some interesting details revealed in them.

Tanya Pereira is the Senior Director of Operations at HOOPP. She is also a Strategic Advisor at Andone Pharmaceuticals, during that same time period.

John Watson is the Director of Operations Support at HOOPP. He has also been charge of other pension plans. Early in his career, he was a records supervisor at Sick Kids Hospital Toronto, which gets significant funding from the Gates Foundation.

HOOPP claims to be pushing the ESG/green agenda pretty hard. So expect that they’ll only be investing in such companies that “appear” to be green, regardless of whether or not they actually are green. They sing the praises about sustainability and climate change. Most people have heard it all before.

As for the HOOPP owning stock in these vaccines and masks, and their members pushing them on the public, that is downright shady, to say the least. True, it’s the doctors and nurses themselves who market it to the lay person, but how does this look?

Is this ancient? According to the SEC, it covers the period up to December 31, 2020, and was filed on March 1, 2021. Now, it’s possible that these shares have since been sold, but the first interim authorizations were coming out before then. Again, how does it look?

IMPORTANT LINKS
(1) https://hoopp.com/
(2) https://hoopp.com/about-hoopp
(3) https://hoopp.com/investments/pension-plan-performance-and-hoopp-annual-report
(4) https://hoopp.com/about-hoopp/pension-leadership
(5) https://www.canada.ca/en/health-canada/services/drugs-health-products/covid19-industry/drugs-vaccines-treatments/authorization/list-drugs.html
(6) https://covid-vaccine.canada.ca/veklury/product-details
(7) https://covid-vaccine.canada.ca/janssen-covid-19-vaccine/product-details
https://www.sec.gov/Archives/edgar/data/1535845/000153584520000007/0001535845-20-000007-index.htm
https://www.sec.gov/Archives/edgar/data/1535845/000153584520000007/xslForm13F_X01/SEC13F09_2020.xml
https://archive.is/Kqazd

EARLIER IN THIS SERIES
(a) Michael Warner Financially Benefits From Prolonged Lockdowns
(b) Who Is Ontario Deputy Medical Officer, Barbara Yaffe?
(c) OST, Monopoly From The University Of Toronto Connected
(d) OST, University Of Toronto, Look At Their Members And Partners
(e) OST’s Robert Steiner Claims To Be Behind PHAC Canada Creation
(f) OST’s Kwame McKenzie Headed 2017 UBI Pilot Project
(g) OST UofT Prelude Actually Set Out In May 2019
(h) OST’s Murty Has Tech Firm That Benefits From Lockdowns
(i) OST: Como Foundation Gives Trillium Health Partners $5M
(j) OST: Current PHO Officials Also Sitting On As Partners
(k) OST: Canadian Agency For Drugs & Technologies In Health; pCPA
(l) OST: Centre For Effective Practice Gets Money From Lockdown
(m) OST: Cochrane Canada; WHO; McMaster University
(n) OST: SPOR Evidence Alliance Gets Funding From WHO

FCLT Global; World Economic Forum; CPPIB; Ontario Teachers

The Elementary Teachers Federation of Ontario supporting forcing masks on kindergarten students. It’s interesting, since their pension fund is partnered with the World Economic Forum. It’s also part of the group Focus on Capital Long Term Global. How deep does this rabbit hole go?

1. More On The International Banking Cartel

For more on the banking cartel, check this page. See who is really controlling things, and the common lies that politicians and media figures tell. The bankers work with the climate mafia and pandemic pushers to promote mutual goals of control and debt slavery. Many pension funds also seem tied to this agenda.

2. Important Links

https://twitter.com/ETFOeducators/status/1371865858046365704
https://www.otpp.com/
https://www.weforum.org/organizations/ontario-teachers-pension-plan
https://www.fcltglobal.org/
https://www.fcltglobal.org/mission/
https://www.fcltglobal.org/team-member/lady-lynn-forester-de-rothschild/
https://www.fcltglobal.org/team-member/larry-fink/
https://www.weforum.org/partners
https://www.baincapital.com/about-us
https://www.blackrock.com/us/individual/about-us/sustainability-resilience-research
https://www.weforum.org/people/mark-wiseman
https://www.blackstone.com/
https://www.cppinvestments.com/
https://www.otpp.com/
https://www.weforum.org/agenda/authors/jo-taylor

3. Focus On Capital Long Term Group

Millions of people around the world are saving money to meet personal goals – funding a comfortable retirement, saving for someone’s education, or buying a home, to name a few.

The funds to support these goals are safeguarded by institutional investors – pension funds, sovereign wealth funds, insurers, and asset managers – who invest in companies for the prospect of growth and security. These savers, their communities, and the institutions that support them make up the global investment value chain, and each benefit from long-term decisions in different ways:

Data shows that long-term-oriented investors deliver superior performance, and long-term-oriented companies outperform in terms of revenue, earnings, and job creation. But despite overwhelming evidence of the superiority of long-term investments, short-term pressures are hard to avoid. A majority of corporate executives agree that longer time horizons for business decisions would improve performance, and yet half say they would delay value-creating projects if it would mean missing quarterly earnings targets.

  • Aberdeen Asset Management
  • APG Asset Management
  • Baillie Gifford
  • Bain Capital
  • Barclays
  • BlackRock
  • Blackstone
  • Bloomberg
  • BP
  • Bridgewater Associates
  • Brookfield Asset Management
  • CPP Investments
  • Carlyle Group
  • Cisco
  • De Brauw Blackstone Westbroek
  • Dow
  • Edelman
  • EQT
  • EY
  • Federated Hermes
  • Fidelity Investments
  • Future Fund
  • Generation Investment Management
  • GIC
  • GlaxoSmithKline
  • Goldman Sachs
  • Hillhouse Capital
  • Hong Kong Monetary Authority
  • IFM Investors
  • Inclusive Capital Partners
  • Kempen Capital Management
  • KPMG
  • La Caisse de dépôt et placement du Québec
  • Mastercard
  • McKinsey & Company
  • MFS Investment Management
  • MSCI
  • Nasdaq
  • Natixis Investment Managers
  • Neuberger Berman
  • New Zealand Super Fund
  • Norges Bank Investment Management
  • Nuveen Asset Management
  • Ontario Teachers’ Pension Plan
  • PSP Investments
  • Royal DSM
  • Russell Reynolds Associates
  • Schroders
  • Snow Lake Capital
  • State Street Corporation
  • Sullivan & Cromwell
  • Syngenta Group
  • Tata Sons
  • Temasek
  • TPG Capital
  • Unilever
  • Vista Equity Partners
  • Wachtell, Lipton, Rosen & Katz
  • Walmart
  • Washington State Investment Board
  • Wellington Management

Not only are these organizations part of FCLT Group, but most are also partners of the World Economic Forum. It seems that asset management and social justice are joining forces. Ideologically, FCLT Group and WEK seem to align.

As a side note: Lady Lynn Forester de Rothschild is one of the Strategic Advisors of FCLT Group. She also sits on the Trilateral Commission.

Let’s take a look at some of the companies in this group. These reviews hardly cover everything, but are to show some of the more interesting details of those involved. While nothing presented here proves anything underhanded is going on, the extensive connections are too great to ignore.

4. Bain Capital

Guidelines For Responsible Investment
With approximately $120 billion in assets under management, Bain Capital and its business units utilize a strategic, fact-based and diligence-driven investment approach that by definition includes a multitude of environmental, social and governance (ESG) considerations.

Bain Capital believes that these ESG practices lead to better investment outcomes while considering the firm’s broader impacts on the environment and society. The firm takes its responsibility seriously and continually monitors the broad consequences of every investment to ensure we are taking all of our stakeholders’ needs into account. By living these values, we create lasting impact for our investors, teams, businesses and communities where we live and work.

Bain Capital is an American, multinational investment firm. It was co-founded by Mitt Romney, the ex-Massachusetts Governor, 2-time Presidential Candidate, and current Utah Senator. Like other firms, Bain is moving more and more into the en

Romney’s business history is interesting, and it includes start up money from Robert Maxwell, father of accused sex trafficker Ghislaine Maxwell.

5. Blackrock

Blackrock is a large, multinational investment firm. Lately, it has adopted the mantra of sustainable investing, and bringing that ideology into everything that it does.

Larry Fink is a Strategic Advisor for FCLT, and is the head of Blackrock, which he cofounded with several others. According to his profile:

“Mr. Fink serves as a member of the Board of Trustees of New York University and is Co-Chairman of the NYU Langone Medical Center Board of Trustees. Mr. Fink also serves on the Boards of The Museum of Modern Art (MoMA), the Council on Foreign Relations and Robin Hood, the poverty-fighting charitable organization. He is also an Executive Committee member of The Partnership for New York City, the economic development organization.”

Blackrock also owns SNC Lavalin. That Quebec based firm has been involved in serious corruption scandals in recent years. However, thanks to its vast political connections, and lobbying everyone in Parliament, it has been able to get away from most of it.

Lavalin owes much of its success in lobbying for a deferred prosecution agreement to Bruce Hartley, and William Pristanski. Hartley worked in the Liberal Government of Jean Chretien, and Pristanski worked for the Conservative Government of Brian Mulroney. They influence both major parties at the Federal level.

6. Blackstone

Building on more than a decade of sustainability efforts, we are launching a program to reduce carbon emissions by 15% across all new investments where we control energy usage.

Over the last decade, Blackstone has helped its portfolio companies and properties improve their energy efficiency—generating meaningful savings while positively impacting the environment. Today, we are expanding these sustainability efforts by setting a goal of 15% carbon emissions reduction across all new investments where we control energy usage. We will support them in achieving this goal with a set of tools and resources to reduce their carbon footprint.

Another investment firm supporting ESG. This is unique in that it has former Prime Minister Brian Mulroney sitting on the Board of Directors

Rochelle B. Lazarus is a Board Member, and also sits on the Board of Merck (a pharmaceutical company), and on the Council on Foreign Relations. Director Ruth Porat also is part of the CFR. Former U.S Senator Kelly A. Ayotte was an advisor for Microsoft.

Blackstone also owns G4S, the private security firm that Brian Pallister brought into Manitoba as “extra help”. G4S runs detention services, and is involved in surveillance and intelligence gathering.

7. CPP Investments

At CPP Investments we consider responsible investing simply as intelligent long-term investing. Over the exceptionally long investment-horizon over which we invest, ESG factors have the potential to be significant drivers – or barriers – to profitability and shareholder value. For these reasons we refer to what many call ‘Responsible Investing’ activities simply as Sustainable Investing.

Given our legislative objective, we consider and integrate both ESG risks and opportunities into our investment analysis, rather than eliminating investments based on ESG factors alone.

As an owner, we monitor ESG factors and actively engage with companies to promote improved management of ESG, ultimately leading to enhanced long-term outcomes in the companies and assets in which more than 20 million CPP contributors and beneficiaries have a stake.

CPP Investments has established governing policies, approved by our Board of Directors, to guide our ESG activities. Our Policy on Sustainable Investing establishes how CPP Investments approaches ESG factors which aligns with our legislative objective to maximize long-term investment returns without undue risk of loss. Our Proxy Voting Principles and Guidelines provide guidance on how CPP Investments is likely to vote on matters put to shareholders and communicate CPP Investments’ views on governance matters.

The Canada Pension Plan Investment Board (CPPIB), is supposed to manage the national pension plan of Canadians.

There are several things to mention. First, in an honest accounting of the pension plan, there would be over $1 trillion in unfunded liabilities. It is propped up through ever increasing amounts of contributions. Second, this can only be propped up by an increasing contribution base — such as importing the 3rd World. Third, the overwhelming majority is invested outside of Canada. Fourth, the plan has thoroughly embraced the ESG doctrine (environment, social, governance).

Canadian pension funds shouldn’t be involved in social engineering, especially abroad. It should be used domestically in ways that put Canadians to work.

8. Goldman Sachs

Goldman Sachs has long been a stepping stone for bankers to eventually land positions in the U.S. Government. Indeed, many such people have ended up in the Treasury Department, under both Democrat and Republican Administrations. It’s too extensive to properly list here.

Another ex-Goldman employee is Mark Carney. He formerly headed both the Bank of Canada, and the Bank of England. He is now in charge of the UN Climate Action Finance, and has openly threatened to bankrupt firms that don’t play along with the climate change agenda.

9. La Caisse de dépôt et placement du Québec

Quebec is not part of the Canada Pension Plan, and instead, operate their own version of it. Both are pumping money into the eco-agenda. It seems that not much is really that different.

10. Mastercard

Some of the important things were included in an earlier piece. This is still relevant even now. Mastercard has been involved in facilitating mass migration from the 3rd World to the 1st. As a major payment processor, they stand to make enormous amounts of money from increasing their customer base. As cashless societies and digital currencies become more of a reality, credit card companies stand to benefit. They have also used their influence to cause significant financial headaches to people and organizations that don’t ideologically align.

11. Ontario Teachers Pension Plan

Mark [Weissman] is a Senior Managing Director at BlackRock, Global Head of Active Equities, Chairman of its Alternatives business, and Chairman of BlackRock’s Global Investment Committee. He also serves on BlackRock’s Global Executive Committee. Prior to joining BlackRock in 2016, Mark was President & CEO of the Canada Pension Plan Investment Board (CPPIB). Mark joined CPPIB in June, 2005 as the organization’s Senior Vice-President, Private Investments. He was later named Executive Vice-President, Investments, responsible for managing all of the investment activities of CPPIB. He was named President & CEO in 2012. Prior to joining the CPPIB, Mark was responsible for the private equity fund and co-investment program at the Ontario Teachers’ Pension Plan. Previously, Mark was an officer with Harrowston Inc., a publicly traded Canadian merchant bank and a lawyer with Sullivan & Cromwell, practicing in New York and Paris. He also served as a law clerk to Madam Justice Beverley McLachlin at the Supreme Court of Canada.

Mark Weissman is a managing Director at Blackrock. He also used to work for both the Ontario Teachers Pension Plan, and the CPPIB.

Bill Chinery is currently a Director at OTPP, and until 2013, he was the CEO of Blackrock Asset Management.

Jo Taylor, the President and CEO of the Ontario Teachers Pension Plan, is featured prominently by the World Economic Forum. Just a few days ago, he penned an article for WEF, promoting the “net zero” carbon agenda. OTPP has fully embraced the climate agenda, and is pouring more of members’ money into it.

The OTPP seems to support what’s going on with this “pandemic”. Seems that it filters down to the schools, and to classrooms themselves. And why are schools so willing to use remote learning? Could be partly because Zoom is also a partner with the World Economic Forum.

12. Walmart

This was addressed earlier, but Walmart has actually done quite well lately. It certainly helps that their small business competitors in places like Ontario have been all but crushed. It seems that the rampant lobbying has paid for itself, many times over.

Bruce Hartley and William Pristanski are certainly busy.

13. Some Thoughts On The Matter

These connections are nowhere near the entire story. However, a deep dive needs to be done into the various pension funds and asset management companies who are now fully aligned with the climate change agenda, and with the Great Reset.

Corporations venturing into new areas isn’t anything new, and isn’t (on its own) any reason to be alarmed. However, when everyone seems to be on board with the same things, it does raise the concerns about collusion.

Back to the initial photo: the Elementary Teachers Federation of Ontario supports forcing kindergarten students to wear masks. Most people would consider this to be child abuse. Could it be out of concern for the students? Or, is ETFO acting on behalf of a much, MUCH larger agenda?

These aren’t just partners making a profit. They are helping to prop up and promote the World Economic Forum, and their agenda. WEF openly supported — and facilitated — lockdowns and shutting down of society in order to crash economies globally. Now, the idea is to “build back better”.

IBC #11(B): World Economic Forum Partnering With Major Banks, Pension Funds

This may be nothing, but should we be worried that the World Economic Forum has partnered with the banking industry, asset management groups, pharmaceutical companies, and other major corporations?

1. More On The International Banking Cartel

For more on the banking cartel, check this page. The Canadian Government, like so many others, has sold out the independence and sovereignty of its monetary system to foreign interests. BIS, like its central banks, exceed their agenda and try to influence other social agendas. See who is really controlling things, and the common lies that politicians and media figures tell. The bankers work with the climate mafia and pandemic pushers to promote mutual goals of control and debt slavery.

2. WEF Partners: Banks, Finance, Pensions

  • African Development Bank Group
  • Algebris Investments
  • Al Nowais Investments
  • Banco Bradesco
  • Banco BTG Pactual
  • Banco Safra Brasil
  • Banco Santander
  • Bangchak
  • Bank Julius Baer
  • Bank Leumi Le-Israel
  • Bank Lombard Odier & Co.
  • Bank Mandiri (Persero)
  • Bank of America
  • BlackRock
  • Blackstone Group
  • BMO Financial Group
  • Brightstar Capital Partners
  • Broadridge Financial Solutions
  • Brookfield Asset Management
  • Caisse de dépôt et placement du Québec (CDPQ)
  • Capricorn Investment Group
  • Cassa Depositi e Prestiti
  • Cathay Capital Private Equity
  • Cedar Holdings Group
  • China Construction Bank
  • Citibank
  • CLS Bank International
  • CPP Investments
  • Credit Suisse
  • CVC Capital Partners (Luxembourg)
  • Deloitte
  • Depository Trust & Clearing (DTCC)
  • Deutsche Bank
  • Development Bank of Japan (DBJ)
  • Development Bank of Southern Africa
  • Discovery
  • European Bank for Reconstruction and Development (EBRD)
  • European Investment Bank
  • Fidelity International
  • Fubon Financial Holding
  • Giti Group
  • Glencore International
  • Global Asset Capital
  • Goldman Sachs
  • Grupo Mega
  • HPS Investment Partners
  • HSBC Holdings
  • Industrial and Commercial Bank of China (ICBC)
  • Industrial Development Corporation of South Africa
  • ING Group
  • Inter-American Development Bank
  • Islamic Development Bank
  • Itaú Unibanco
  • Japan Bank for International Cooperation (JBIC)
  • John Keells Holdings
  • JPMorgan Chase & Co.
  • Kcap Holdings
  • Kirin Holdings
  • KPMG
  • Lloyds Banking Group
  • Manulife
  • Mastercard
  • McKinsey & Company
  • Mizuho Financial Group
  • Morgan Stanley
  • MUFG Bank
  • Multilateral Investment Guarantee Agency (MIGA)
  • Nasdaq
  • Nedbank Group
  • NYSE
  • Olayan Financing Group
  • Old Mutual
  • OMINVEST
  • Ontario Teachers’ Pension Plan
  • Pension Danmark
  • Public Institution for Social Security (PIFSS)
  • Qatar Financial Centre (QFC)
  • Qatar Investment Authority
  • Qatar National Bank
  • Rabobank
  • RBC (Royal Bank of Canada)
  • Russian Direct Investment Fund
  • S&P Global
  • S4Capita
  • Saudi Industrial Development Fund
  • Sberbank
  • Scotiabank
  • Sequoia Capital
  • Softbank Group
  • Standard Bank Group
  • Standard Chartered Bank
  • Sumitomo Mitsui Financial Group (SMFG)
  • Takeda Pharmaceutical
  • TD Bank Group
  • Turkey Wealth Fund
  • Unison Capital
  • Visa
  • Vista Equity Partners
  • Vital Capital Fund
  • VTB Bank
  • Zenith Bank
  • Zurich Insurance Group

3. WEF Partners With Major Corporations

  • Alshaya Group
  • Amazon Web Services
  • CVS Health
  • Honda
  • Huawei Technologies
  • Hyundai Motor
  • Lockheed Martin
  • SNC-Lavalin Group
  • The Coca-Cola Company
  • Uber Technologies
  • Walmart
  • Western Union
  • Zoom

4. WEF Partners With Vaccine Pushers

  • AstraZeneca
  • Bayer
  • Bill & Melinda Gates Foundation
  • Facebook
  • Gilead Sciences
  • Google
  • Guangzhou Baiyunshan Pharmaceutical
  • Hikma Pharmaceuticals
  • Johnson & Johnson
  • Jubilant Bhartia Group
  • LinkedIn
  • Microsoft
  • Merck
  • Moderna
  • Novartis
  • Open Society Foundations
  • Pfizer
  • Takeda Pharmaceutical
  • These lists are not exhaustive, and the World Economic Forum does have more partners from these groups. However, it should demonstrate the “types” of organizations who ideologically support this.

    4. WEF’s Plants In Canadian Politics

    Any familiar faces?

    Pensions #3(C): Bill C-12/C-232; Net Zero 2050; OTPP; Green Bonds & Pension Funds

    Bill C-12 has been introduced in the House of Commons. It is to force Canada to formally adopt the “Net Zero Emissions by 2050” environmental agenda. A lot more is going on than simply this legislation. Bill C-232 is a Private Member’s Bill concerning the “Climate Emergency Action Framework”.

    1. Pensions, Benefits, Worker Entitlements

    The public is often unaware of what is happening with their pensions and other social benefits. Often, changes are made with little to no input from the people who are directly impacted by it. Where exactly are the pension funds being held, and is it secure? Unfortunate, but we need to constantly be on top of these things.

    2. Debunking The Climate Change Scam

    The entire climate change industry, (and yes, it is an industry) is a hoax perpetrated by the people in power, run by international bankers. Plenty has also been covered on the climate scam, the propaganda machine in action, and some of the court documents in Canada. Carbon taxes are just a small part of the picture, and conservatives are intentionally sabotaging their court cases.

    3. Important Links

    Bill C-12: Net Zero Emissions By 2050, First Reading
    Bill C-232: Climate Emergency Action Framework
    Bill C-262: Income Tax Changes On Carbon Capture
    MP Dan Albas On Bills C-12/C-232
    Ontario Teachers’ Pension Plan Pledges 2050 Net Zero
    Pledge Of 8 Canadian Companies’ CEOs
    IISD On: Net Zero Asset Owner Alliance
    UN Principles For Responsible Investing, Net Zero
    UNPRI: No More Investments in Coal Industry
    UNPRI On Phasing Out Oil & Gas Industry
    UNPRI: ESG Now Part Of Credit Worthiness
    UN Environment Programme On Net Zero Movement
    Canada Pension Plan Investments

    4. What’s In Bills C-232/C-12?

    Climate Emergency Action Framework
    Climate emergency action framework
    4 (1) The Minister must, in consultation with Indigenous peoples and civil society, develop and implement a climate emergency action framework to achieve the objectives of the Convention on Climate Change respecting the reduction of greenhouse gas emissions. The framework must include measures to
    (a) ensure that Canada meets, at a minimum, the greenhouse gas emissions reduction targets set for 2030 under the Convention on Climate Change;
    (b) ensure a transition towards a green economy by, among other means, increasing employment in green energy, infrastructure and housing; and
    (c) ensure the economic well-being, public health and protection of the natural environment of Canada.

    SUMMARY
    This enactment requires that national targets for the reduction of greenhouse gas emissions in Canada be set, with the objective of attaining net-zero emissions by 2050. The targets are to be set by the Minister of the Environment for 2030, 2035, 2040 and 2045.
    In order to promote transparency and accountability in relation to meeting those targets, the enactment also
    (a) requires that an emissions reduction plan, a progress report and an assessment report with respect to each target be tabled in each House of Parliament;
    (b) provides for public participation;
    (c) establishes an advisory body to provide the Minister of the Environment with advice with respect to achieving net-zero emissions by 2050 and matters that are referred to it by the Minister;
    (d) requires the Minister of Finance to prepare an annual report respecting key measures that the federal public administration has taken to manage its financial risks and opportunities related to climate change; and
    (e) requires the Commissioner of the Environment and Sustainable Development to, at least once every 5 years, examine and report on the Government of Canada’s implementation of measures aimed at mitigating climate change.

    Bill C-232, the Climate Emergency Action Framework, would entrench further Canada’s obligations to Agenda 2030, which was signed in 2015 by Stephen Harper. Wasn’t that supposed to be non-binding?

    Bill C-12 is the so-called Net Zero by 2050. Not only will it shut down entire sectors of the economy, the Finance Minister will be required to consider the impacts of climate change in all future reports.

    4. Conservatives Support Climate Change Hoax

    We know while in Paris, despite often criticizing the former Harper government, ultimately the Liberal government adopted those same targets it said would be a minimum. Of course, we all know today the Liberal government has massively failed to reach that so-called minimum. In fact, some reports suggest the Liberal government may be off the target by 123 million tonnes.
    .
    Obviously that is why we are here today debating this bill and why last week it was Bill C-12. Bill C-12 was quite fascinating from a political perspective. It literally kicks the can so far down the road that it will be up to future governments, and ultimately the government of the day in 2050, to deal with it. How do we get there? There is no road map, no solutions and no costs or penalties for failure. There is more of the same, more promises to do better down the road. They promise.
    .
    However, that is enough about Bill C-12.
    .
    Bill C-232 proposes that, at a minimum, Canada meet the 2030 targets for reducing greenhouse gas emissions set under the United Nations Framework Convention on Climate Change.
    .
    Much like Bill C-12, this bill does not say anything at all about how this will actually be done. The underlying promise of every federal government to date has been a return to the targets set by Mr. Chrétien in 1993. It is easy to make promises about targets, but not as easy to meet them.
    .
    To be frank, I do not think that we will need both Bill C-232 and Bill C-12 going forward. One of them will be enough. To end the suspense, I will be clear and say that I already support Bill C-12. I will not support Bill C-232 as it now stands, and I will explain why.

    This pattern is extremely common among “Conservative” politicians, both Federally and Provincially. They will argue ad nauseum of minor details of implementation, to give the illusion of opposition. They pretend to fight, although, in the end, they support the same policies.

    Think that Conservatives will revive the oil & gas sector, if they ever regained power? Nope, they are fully committed to letting industries like that die off.

    5. Ontario Teachers’ Pension Plan, Net Zero

    January 21, 2021
    .
    TORONTO, ON – Building on over a decade of climate change efforts, Ontario Teachers’ Pension Plan Board (Ontario Teachers’) today announced its commitment to achieve net-zero greenhouse gas emissions by 2050. This is a meaningful decision that advances Ontario Teachers’ mission to deliver retirement security for its members, while creating a positive impact for its partners and the communities where it operates.

    “As a global pension plan, we will leverage our scale and influence to transition to a low-carbon economy and create a sustainable climate future,” said Jo Taylor, President and CEO. “With coordinated action net zero by 2050 is an ambitious but achievable goal. We are committed to playing our part alongside other organizations and governments around the world to effect significant, positive change.”

    Climate change is one of the greatest challenges faced by society and businesses today. The effects of global warming, from rising sea levels and devastating floods to disrupted weather patterns and destructive storms, are clear and wide-ranging.

    “While the transition to the low-carbon economy presents many challenges, it also presents many opportunities to earn the returns we need to pay our members’ pensions while more broadly benefiting society and the environment,” said Ziad Hindo, Chief Investment Officer.

    The OTTP, Ontario Teachers’ Pension Plan, announced a few days ago that it would be adopting the “Net Zero” initiative. Contributions will now be funneled through environmental causes that are virtuous. In short, this is a way to monetize the eco-push.

    Not only will carbon taxes be funneled to various U.N. groups, but it seems that their pensions will be as well. It would be interesting to know if the members ever voted on this.

    6. Investment Plans And Environmentalism

    Kevin Uebelein
    Chief Executive Officer
    Alberta Investment Management Corporation

    Gordon J. Fyfe
    Chief Executive Officer
    Chief Investment Officer
    British Columbia Investment Management Corporation

    Charles Emond
    President and Chief Executive Officer
    Caisse de dépôt et placement du Québec

    Mark Machin
    President and Chief Executive Offier
    Canada Pension Plan Investment Board

    Jeff Wendling
    President and Chief Executive Officer
    Chief Investment Officer
    Healthcare of Ontario Pension Plan

    Blake Hutcheson
    President and CEO
    Ontario Municipal Employees Retirement System

    Jo Taylor
    President and Chief Executive Officer
    Ontario Teachers Pension Plan

    Neil Cunningham
    President and Chief Executive Officer
    Public Sector Pension Investment Board

    CEO-Statement-CEO-Signatures-EN-Nov25-2020

    The heads of 8 asset management/pension funds have recently signed a pledge to insert the climate change agenda into their investment decisions.

    7. Net Zero Asset Owner Alliance

    23 September 2019: An alliance of the world’s largest pension funds and insurers committed to achieve carbon-neutral investment portfolios by 2050. Participating pension funds and insurers launched the UN-convened ‘Net-Zero Asset Owner Alliance’ at the UN Secretary-General’s Climate Action Summit.

    Allianz, Caisse des Dépôts, La Caisse de dépôt et placement du Québec (CDPQ), Folksam Group, Pension Danmark and Swiss Re initiated the Alliance at the beginning of 2019. Alecta, AMF, CalPERS, Nordea Life and Pension, Storebrand and Zurich have now joined as founding members. The Alliance brings together pension funds and insurers that are responsible for directing over USD 2.4 trillion in investments. These asset owners represent some of the largest pools of capital in the world and typically have highly diversified investment portfolios that are exposed to all sectors of the global economy.

    Some 13 organizations — insurers and pension funds — representing some $2.4 trillion in assets banded together to found this group. It’s only expected to grow in numbers and overall value. That is, of course, until the eco-bubble bursts.

    8. UN Principles For Responsible Investment

    The UN-convened Net-Zero Asset Owner Alliance commissioned the Institute for Sustainable Futures (ISF) at the University of Technology Sydney (UTS) to apply their One Earth Climate model to sectors as defined by sector classification schemes commonly used in finance, with the aim to develop sectoral pathways to net zero by 2050 with carbon emissions (scope 1-2) and energy intensity and carbon intensity (scope 1-2) milestones in 5-year intervals for agreed high emitting sectors.

    UNPRI is trying to embed the climate change agenda into all major business and pension related decisions. Recent decisions include eliminating investments for coal, and phasing out oil & gas.

    9. Merging ESG Factors And Credit Risk

    We, the undersigned, recognise that environmental, social and governance (ESG) factors can affect borrowers’ cash flows and the likelihood that they will default on their debt obligations. ESG factors are therefore important elements in assessing the creditworthiness of borrowers. For corporates, concerns such as stranded assets linked to climate change, labour relations challenges or lack of transparency around accounting practices can cause unexpected losses, expenditure, inefficiencies, litigation, regulatory pressure and reputational impacts.

    Typically, a person’s or company’s credit risk was determined by their payment history, and ability to pay off future debts. Now, the ESG factors will be considered as well.

    10. UN Environment Program, Committments

    New York, 23 September, 2019 – In one of the boldest actions yet by the world’s largest investors to decarbonize the global economy, an alliance of the world’s largest pension funds and insurers – responsible for directing more than US$ 2.4 trillion in investments – has today committed to carbon-neutral investment portfolios by 2050.

    This commitment by the newly launched, United Nations-convened Net-Zero Asset Owner Alliance was announced today at the UN Secretary-General’s Climate Action Summit, which brought together governments, companies and civil society to strengthen commitments and accelerate the implementation of the Paris Agreement on Climate Change.

    The Net-Zero Asset Owner Alliance is an example of investors stepping up to protect people and planet with the knowledge that companies that transform their businesses to deliver a low carbon economy will benefit most from the opportunities presented by climate change.

    In the Fall of 2019, the UN Environment Programme announced this effort to transition into a low Carbon economy. Already, trillions of dollars were available for the change in investment strategy.

    What to wonder what will happen to those oil & gas workers in Western Canada who have been put out of work because of political ideology. Doesn’t look like those jobs are coming back.

    11. CPP Investment Board, Green Bonds

    Green Bonds started off as a novelty over a decade ago. Now, they are seen as a legitimate item to invest in. It’s difficult to see to what degree this move is altruism, and what is opportunism.

    But in any event, organizations like CPPIB have made the business decision that certain industries are not worth investing in. As this pattern grows, and access to capital drops, more businesses will have to downsize or shut down.

    12. Low-Carbon Transition Not Voluntary

    Will this “transition” be voluntary? Will people and companies be free to make their own decisions when it comes to embracing (or rejecting) the green agenda? Not really. People like Mark Carney, now head of U.N. Climate Action & Finance, have made overt threats: play ball or go bankrupt.