We provided the following response to the UN Special Rapporteur Francesca Albanese’s call for input to the HRC 58th Session, specifically on Canadian pensions involvement in the commission of International Crimes Connected to Israel’s Unlawful Occupation, Racial Segregation, and Apartheid Regime in the Occupied Palestinian Territory (oPt).
Canada and Quebec legislated pensions
(in Canadian Dollars)
CPPIB has $16.7 B invested in war crimes.
CPPIB investment in war crimes and potentially genocide increases to over $16 B in 2024
$14.2 Billion invested by CDPQ in war crimes.
Submission made to UN call specific to CDPQ
Public Sector pensions
Eight public sector pensions, one in BC and five in Ontario, one in Alberta and the Federal Public Pension have over $350 millions dollars invested in companies that then UN has indicated are complicit with supporting illegal Israeli settlements (war crimes) and over $3.3 billion in total invested in companies complicit with war crimes and arming Israel.
These combine with more than almost $32B of investments by the CPPIB and CDPQ in companies complicit with war crimes, occupation, arming Israel, and perhaps genocide. Together this is about $35 billion of investments that are complicit with supporting war crimes and support for the arming of Israel.
In millions UUSD
| Pension | UN list (USD) | In total (USD) |
| BCI (BC) | 141.5 | 532.8 |
| IMCO (Ontario) | 38.4 | 95.0 |
| OTPP (Ontario) | 14.7 | 643.2 |
| HOOPP (Ontario) | 32.7 | 380.5 |
| OMERS (Ontario) | 0 | 461.5 |
| PSP (Federal) | 10.3 | 635 |
| AIMC (Alberta) | 14.3 | 491 |
| University Pension (Ontario) note: provides ranges, use the lowest in the total below | 5-10 | 115-250 |
| TOTAL | $357 | $3.354 |
BCI has investments of $141,498,385 in five companies listed in the UN database being complicit with illegal Israel settlements (war crimes). In addition BCI has $391,311,873 invested in 13 companies identified by AFSC Investigate, one by World BEYOND War and one by the Canadian BDS Coalition & listed by Who Profits. Many of these companies are arms companies also listed in the “Canada Stop Arming Israel” campaign, companies such as L3 Harris, Lockheed Martin and Northrop Grumman. In total BCI has investments of $532.8 M in 18 companies complicit with support of war crimes, occupation and even perhaps genocide.
BCI: Investments in companies complicit with international law violations
IMCO is invested in three companies on the UN database worth $38,429,350; these companies are complicit with war crimes. In addition, IMCO has investments in ten companies worth $60,688,435 which are identified by AFSC Investigate as complicit with illegal occupation. This results in a total investment of $95 Million complicit with war crimes.
IMCO: Investments in companies deemed to be violating international law
OTPP has $14,708,522 invested in four companies on the UN database. In addition, OTPP has $628,508,625 invested in more than a dozen companies identified by AFSC Investigate and World BEYOND War as complicit in occupation and/or arming Israel. In total this is an investment of over $643.2 Million in war crimes, arming Israel and perhaps even genocide.
OTPP Investments in companies that are complicit with international law violations
HOOPP has $32,738,343.00 invested in two companies listed on the UN database, and $347,842,808 invested in 14 companies identified by AFSC Investigate. In total HOOPP has $380.5 million invested in companies that are complicit with war crimes, arming Israel or even genocide.
HOOPP: Investments in companies in complicity with international law violations
OMERS has investments of $461,491,037 in three companies, Alphabet, Chevron and Honeywell, the first two are identified by AFSC Investigate, and the latter by World BEYOND War.
Federal PSP: Investments in companies complicit with war crimes and genocide
University Pension (Ontario): Investments in companies complicit with international law violations
Trade pension
Liuna Staff and Affiliates Pension Fund: almost $16 million USD invested in war crimes
Quebec based solidarity pension
Le Fonds de solidarité FTQ a investi plus de 169.8 millions de dollars dans les crimes de guerre et potentiellement le génocide
