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Last Updated: Friday - 09/24/2010
Week of April 15, 2002
Redirect pension investments from Talisman Energy -- CCCB
By ART BABYCH
Canadian Catholic News
Ottawa
The social affairs commission of the Canadian Conference of Catholic Bishops wants the federal government to "redirect" its Canada Pension Plan investment in Talisman Energy Inc. of Calgary.
In a letter to Foreign Affairs Minister Bill Graham April 8, the commission said it is convinced that "the exploitation of Sudan's oil resources, with the direct partnership of Canadian companies like Talisman Energy Inc. with the Khartoum regime, has become a contributing factor to the continuance of war in the Sudan."
A report by the Canadian government's special envoy, John Harker, said Talisman's operations in Sudan were exacerbating the war.
Bishop Jean Gagnon, the chair of the CCCB commission, requested in the letter to Graham that "an efficient ethical screen be put in place for all CPP investments, and that the Canadian government develop and implement measures that prevent any Canadian company from profiting from civil conflict in other parts of the globe."
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