18
Dec 2006
CPP investment in repressive dictatorship cause for concern
(December 18, 2006, London, Ontario) Friends of the Earth-Canada and Canadian Friends of Burma will challenge the Canadian Pension Plan Investment Board’s (CPPIB) use of pension fund monies to finance the government of Burma (also known as Myanmar), reputed to be the most vicious and repressive dictatorship in the world. The public meeting will take place tonight from 5 pm to 6:30 pm at the Four Points Hotel, 1150 Wellington Road South in London, Ontario. CPPIB is a major stockholder in Ivanhoe Mines, registered as a Canadian company holding 50% of the Myanmar Ivanhoe Copper Company — the other 50% is held by the Burma government’s Ministry of Mines.
