As a first step, the NDP is urging the government to immediately transition Revera Inc. to public ownership.
After pressure from PSAC to act urgently, PSPIB has finished selling all its shares in two for-profit prison companies.
PSAC members don’t want their pensions invested in those profiting from human suffering.
It is quite stunning and deeply disappointing to learn that a federally-owned corporation may also be making use of offshore tax-havens to avoid paying taxes.
PSAC members remain deeply concerned by their pension plan’s ownership of Revera.