Feds must consider oil and gas conflicts for Canada Pension Plan appointees

It’s imperative the two spots fill a troubling gap in the current board: a complete lack of identified climate expertise, and an overabundance of oil and gas entanglements.

A decade before becoming prime minister, Mark Carney warned climate change is the ‘tragedy of the horizon.’ Pension governance must be grounded in forward-looking risk management, not deepen to a declining industry, write Cheryl Randall and Laura McGrath.

Opinion

BY CHERYL RANDALL, LAURA MCGRATH

August 25, 2025

The federal cabinet will likely soon appoint two new directors to the board of the Canada Pension Plan Investment Board (CPPIB), which manages our

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