Toronto, Nov. 28, 2018: “The CPP Investment Board is currently misleading Canadians. It is not taking climate risk seriously. It must take immediate action and stop investing in fossil fuels” observed John Bennett, Senior Policy Advisor, Friends of the Earth – Canada (FOE-C). If the CPPIB does not take immediate action warns Friends of the
December 11, 2017 (Ottawa) – Today, the German organization Urgewald released a report revealing Canada as the 8th largest investor in new coal globally. They provide a list of the top 100 investors in companies developing new coal plants. Canadian institutions on the list include: SunLife at #31 with $895 million invested; Power Financial Corporation
“Follow the money” is a catch phrase popularized by “All the President’s Men”. It was “Deep Throat’s” advice on how to unravel President Nixon’s web of corruption. It’s also good advice in understanding why 30 years of talking about climate change has resulted in so little action. Government and industry say good things while subsidizing
September 27, 2017 (Ottawa) – The third round of secret negotiations on a new North American Free Trade Agreement (NAFTA) draws to a close on Wednesday, September 27. As the negotiations move forward, the talks continue to threaten the capacity of Canada, Mexico, and the United States to issue and implement effective regulations to address
OTTAWA, ON (September 20, 2017) – Nineteen leading Canadian environmental and conservation organizations delivered a clear message to the federal government this week: “The time has come for serious federal investment in Canada’s ecosystems and species, which are central to Canadians’ well-being and prosperity.” Within their newly-released annual budgetary recommendations to the federal government, members
Ottawa, February 24 – Friends of the Earth Canada is raising serious questions about the environmental implications of the proposed federal “Clean Fuel Standard”. In a discussion paper the group released today, they identify significant gaps in the scientific knowledge needed before deciding to increase the amount of biofuel produced in Canada. “Greenhouse gas reductions
We took a big step in a new direction in 2016 when we decided to redirect the Canada Pension Plan’s $300 billion fund away from climate change inducing investments. Winning this campaign could be the single most important advance in Canada’s fight against climate change. Your contribution can help make it happen. With your voice,
Ottawa, December 9th, 2016 The Pan-Canadian Framework on Clean Growth and Climate Change announced today is an historic step in the fight to combat climate change. All Canadians should rejoice in finally coming together on the most critical issue of our time. Yes, the framework has flaws and fossil fuels will continue to dominate the
On Wednesday, we told you that Duke Energy is an environmental and financial liability. Yesterday, one of Duke’s cooling damns breached. Isn’t it time that the Canada Pension Plan got our money out of the company? If you haven’t sent your letter to CEO & President Mark Machin yet, please do it now! We took
Time for G20 to act (Friends of the Earth International – Press Release, Amsterdam – 2 Sept. 2016) Globally every year up to $600 billion dollars of government tax revenue is lost through tax avoidance alone 1. In a new report, launched today, Friends of the Earth International calculates that government revenue lost to tax
