People in Canada are reeling from the devastating announcement that the federal government just purchased the Trans Mountain pipeline. Now the Canada Pension Plan -- where millions of Canadians are saving for their current and future retirements -- is considering investing your hard-earned money in the dangerous and risky pipeline project.
There is enough financial uncertainty with this project that even pipeline giant Enbridge won’t touch it. Costs have have spiralled out of control, there are 16 outstanding legal challenges, unfulfilled federal conditions set by the NEB, and the route hearings haven’t yet been completed.
So why is CPP saying it will consider this project? Given it is our money, we deserve a say in how it is -- or isn’t -- invested.
With the CPP’s annual meeting coming up, this a critical moment for the CPP to hear from you that could make a decisive impact.
We've got an example of an email you can send to the CPP Investment Board, but it's better to write in your own words if you can. After you press send, your email will be sent straight to the decision makers at the CPP Investment Board.