Cabinet last Monday said it would review the impacts of Chinese electric vehicles on domestic industry. It made no mention of pensioner investments.

More than $600 million in pension dues have bStock bought with Canada Pension premiums included $287 million in Contemporary Amperex Technology Co. Ltd., the world’s largest electric auto battery manufacturer. Canadians also own $12 million worth of stock in Great Wall Motor Co., maker of Ora-brand electric cars. Other Pension Plan holdings include automakers BYD Co. ($116 million), Li Auto Inc. ($69 million) Chongqing Changan Automobile Co. ($26 million) and Nio Inc. ($19 million). Millions more were invested in battery manufacturers and suppliers including Tianqi Lithium Corp. ($13 million), Eve Energy Co. ($7 million) and Ganfeng Lithium Group ($6 million).

The Canada Pension Plan Board holds a total $7.5 billion worth of shares in Chinese companies of all types. They faced pushback last year for investing in coal mines, propaganda film studios and a solar power company linked to slave labour.

https://www.rebelnews.com/canadian_pensioners_invested_604_million_into_chinese_electric_cars?