Looking forward to a PEACEful retirement?
Drat, your pension relies on investments in WAR!
Research by the Coalition to Oppose the Arms Trade (COAT) shows that Canada's six largest pension funds* ("The Big Six") have billions invested in the world's leading weapons manufacturers. Our pensions rely on profits from war industries that are arming US- and NATO-led invasions, regime changes, military occupations and repressive governments around the world that attack activists struggling for peace, democracy, justice and human rights.
***** Is this how you want your retirement savings invested? *****
World's Top War Industries, 2010:
Canada's "Big Six" pension funds have $1.7 billion invested in dozens of the world's top 100 weapons manufacturers, as ranked by military revenues in 2010. Investments include:
9 of the Top 10 (i.e., 90%)
17 of the Top 20 (i.e., 85%)
20 of the Top 25 (i.e., 80%)
23 of the Top 30 (i.e., 77%)
32 of the Top 50 (i.e., 64%)
45 of the Top 100 (i.e., 45%)
In other words, the bigger the war industry, the more likely that Canadian pension funds will invest in them!
World's Top War Industries, pre2010:
Canada's "Big Six" pension funds have an additional $400 million invested in 15 other major war industries that, though not in the Top 100 in 2010, were in that prestigious club during the previous 11 years.
Canada's "Big Six" pension funds have $2 billion invested in about 50 corporations that are building the F-35 warplane, including its prime contractor, Lockheed Martin.
Canada's "Big Six" have $4.5 billion invested in companies supplying the Israeli government with military, police, prison-related, surveillance and other so-called "homeland security" products and services that are facilitating the occupation, helping build the "Separation Wall."
Indepth Research on CPP investments in Israel Apartheid:
Click below to read a free online report containing individual articles (with hundreds of references) on dozens of the corporations selling military, police, prison and related products to Israel.
Please Sign our PETITION, re: CPP and Israel:
View 650 Signatories and their Comments here:
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We, the 99%, are relying on retirement funds that not only invest in the world's biggest, nastiest corporations, we are profiting from billions worth of shares in war industries that are the vampire teeth of the global 1%.
These war industries are the mercenaries of the 1%. Call them what you will (except "defense" companies), these war industries are the enforcers, the bullies, the death squads, the hitmen, the assassination teams of the Global 1%.
It's divestment time.
* Note: Canada's Six Largest Pension Funds ("The Big Six") are:
- Canada Pension Plan (CPP)
- Caisse de dépôt et placement du Québec (QPP)
- Ontario Teachers' Pension Plan (OTPP)
- Alberta Investment Management Corporation (AimCo)
- Public Sector Pension Investments (PSPI)
- Ontario Municipal Employees Retirement System (OMERS)