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Showing posts with the label British Columbia Investment Management Corporation

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

BC contradicts itself with tobacco investment -- According to the investment inventory, BC has $124.25 million invested in the tobacco industry (Times Colonist)

... across the street from Victoria city hall is the headquarters for British Columbia Investment Management Corporation, aka BCI. It was set up by way of the 1999 Public Sector Pension Plans Act to provide investment services to  Public Sector Pension Plans Act , including teachers, health-care workers, education support workers, college instructors, municipal firefighters, to name just a few of the nearly 30 organizations who are clients of BCI. According to the investment inventory, it has $124.25 million invested in the tobacco industry. Certainly, there is the direct harm to the customer caused by tobacco but there are documented cases of terrible working conditions for the people who plant, tend, and harvest the tobacco, thousands of them being women and children ... CLICK HERE for the full commentary

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