US EditionCanadian banks, pension funds have poured billions into ICE contractors
Canadian banks and pension funds have invested roughly US$35 billion since 2020 in ICE contractors, including major defense and tech firms, according to an advocacy group.
- Canadian banks and pension funds have invested billions of dollars in companies that contract with U.S. Immigration and Customs Enforcement .
- The Canada Pension Plan has invested $1.6 billion in these companies, the same amount as the largest U.S. pension fund.
- This raises ethical concerns about the role of Canadian public funds in supporting practices criticized for human rights violations against migrants.
45 Articles
45 Articles
A survey conducted by the non-profit organization Stand.earth reveals that large Canadian banks and pension funds have contributed tens of billions of dollars to U.S. subcontractors working for the U.S. Immigration and Customs Control Agency (ICE).
Canadian banks & public pensions have poured over $35B into ICE contractors
Major Canadian banks and pension funds have provided tens of billions of dollars to American contractors for the U.S. Immigration and Customs Enforcement (ICE) agency, an investigation by the non-profit Stand.earth has found.The environmental advocacy group analyzed financial data from the U.S. Securities and Exchange Commission and the private financial data firm LSEG. It said it found that Canadian financial institutions have backed multiple c…
Winnipeg Free Press
Canadian banks, pension funds have poured billions into ICE contractors
Breaking News, Sports, Manitoba, Canada
Subcontractors have received approximately US$35 billion from various Canadian financial institutions. The post Billions of Canadian Dollars go to ICE subcontractors, reveals an apparent first on Les Affaires investigation.
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