Canada’s public pension fund has invested millions of dollars in companies accused of bolstering China’s military-industrial complex — companies the U.S. government has barred Americans from putting their money into because they allegedly pose a security threat.
The Canada Pension Plan Investment Board has invested $3 million in shares of a company that makes components for Chinese warships, and another $2 million in a company affiliated with a manufacturer of fighter jets and unmanned drones, according to its most recent holdings disclosure.
Canada’s former ambassador to China called the pension’s investments troubling.
