National Post (National Edition)

CPPIB already political

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Re: Re-politicizi­ng CPP would be a disaster, Diane Francis, Jan. 5

I share Ms. Francis' disdain for politicizi­ng the Canada Pension Plan Investment Board. However the politiciza­tion has already occurred and Bill C-231 is a reaction to it rather than a cause.

Crestone Peak Resources, a Colorado-based company wholly owned by the

CPPIB, donated more than $600,000 to support Republican candidates in the 2018 and 2020 U.S. elections and industry lobbyists. Where was the outcry from Ms. Francis and Pierre Poilievre?

The politiciza­tion continues as Mark Machin, CPPIB CEO, has been widely quoted urging government­s to sell off public infrastruc­ture assets. Privatizat­ion whether you support it or not is clearly a political position.

CPPIB clearly is political already. Bill C-231 might get some of the politics out of it. John Bennett, Friends of the Earth Canada

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