Top Canadian pension fund halts deals with UAE…


Canada’s second-largest pension fund has announced that it will suspend future investments with United Arab Emirates-based DP World following revelations of ties between the logistics firm’s chief executive and the late sex offender and financier Jeffrey Epstein.

La Caisse said on Tuesday that it would not carry out further investments alongside the company until it shed light on chief executive Sultan Ahmed bin Sulayem’s links to Epstein and took “necessary actions”.

“To be clear, we are not invested in DP World. It is a partner of ours in port projects around the world, but we are not shareholders of the parent company,” a spokesperson for La Caisse, which manages the state pension fund in Quebec, said in a statement.



Source link

  • Related Posts

    Tuesday, June 16, 2026 | Prime Minister of Canada

    Note: All times local and subject to change Évian, France 9:00 a.m. The Prime Minister will attend the first 2026 G7 Leaders’ Summit working session. Note for media: 11:00 a.m. The Prime…

    Federal officials cite decline in opioid-related deaths but warn progress is fragile

    Officials also say opioid-related hospitalizations decreased by 12 per cent last year. The federal government says the toxic drug crisis continues to have devastating effects despite a decrease in opioid-related…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Maya Gebala reaches recovery milestone with visit to botanical garden

    Assassin’s Creed Shadows’ final update features Animus-bending endgame content Domains – PlayStation.Blog

    Assassin’s Creed Shadows’ final update features Animus-bending endgame content Domains – PlayStation.Blog

    Digital Cooperation Organization Launches Global Expert Community to Accelerate International Digital Cooperation

    Ontario housing starts dip in May after strong start to 2026

    Ontario housing starts dip in May after strong start to 2026

    Cybersecurity vets protest ‘dangerous’ US government ban on Anthropic’s most powerful models

    Cybersecurity vets protest ‘dangerous’ US government ban on Anthropic’s most powerful models

    Monetary Policy Radar preview: BoJ’s June meeting