SoVote

Context: House Hansard - 160 - Feb/14/23

Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)

Feb/14/23 10:06:16 a.m.
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Re: Bill C-315

moved for leave to introduce Bill C-315, An Act to amend the Canada Pension Plan Investment Board Act (investments). He said: Mr. Speaker, I am very pleased and honoured to rise in the House today to introduce my private member's bill, which would amend the investment policy standards and procedures of the Canada Pension Plan Investment Board to ensure that no CPP funds are invested in any entity that has committed human, labour or environmental rights violations. My bill would also ensure pension funds are not invested in any arms or munitions of war prohibited under international law or in any company guilty of corruption. The Canada Pension Plan Investment Board manages over $500 billion in assets, and it is mandated to invest in the best interests of CPP contributors and beneficiaries by maximizing returns without undue risk of loss. It is important to note that my bill would not change this mandate. The Canada pension plan is an important part of our retirement system, but Canadians expect that its investments are not contributing to human misery around the world. By amending section 35 of the Canada Pension Plan Investment Board Act to specify human, labour and environmental rights considerations, this bill would do just that. I would like to thank the incredible member for New Westminster—Burnaby for seconding this bill.

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Context: House Hansard - 160 - Feb/14/23

Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)

Feb/14/23 10:12:41 a.m.
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Madam Speaker, I am pleased to present a petition today from petitioners recognizing that some companies based in Canada are contributing to human rights abuse and environmental damage around the world, and that the people who protest the abuses and defend their rights are often harassed, attacked or killed, especially indigenous people, women and marginalized groups. The petitioners are calling upon the House of Commons to adopt human rights and environmental due diligence legislation that would require companies to prevent adverse human rights impacts and environmental damage throughout their global operations and supply chains, that would result in meaningful consequences for companies that fail to carry out and report on adequate due diligence and that would establish, importantly, a legal right for people who have been harmed to seek justice in Canadian courts.

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Context: House Hansard - 160 - Feb/14/23

Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)

Feb/14/23 10:30:42 a.m.
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Madam Speaker, I hear Conservatives talk a lot about inflation. When we look at the size of corporate profits, for example oil and gas, their profits since 2019 have gone up 1011%. All we hear from the Conservatives on that figure is crickets, so I would like to hear from my friend. When are Conservatives going to take a stand for Canadian families, when are they going to fight the real inflation, which is the absolute concentration of corporate power in Canada, and when are they going to take them on to make sure Canadians are not being raked through the mud by these overbearing corporate increases in prices on everyday items?

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Context: House Hansard - 160 - Feb/14/23

Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)

Feb/14/23 12:27:54 p.m.
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Mr. Speaker, I am really amazed at the audacity of the Conservatives on some days. I listened to the member talk about the pain at the pump that his constituents are experiencing, but nowhere in his speech did he mention the massive increase in oil and gas profits, which are up 1,011% since 2019. I invite the member to stand up in this place, stand up for his constituents who are experiencing pain at the pump and take on the corporations that are gouging them every single day. That is the cause of inflation in Canada.

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