Canada's top pension funds slow to shift away from fossil fuels, report finds

Canada's largest pension funds, which hold trillions of dollars in assets combined, are trailing behind many of their international counterparts when it comes to shifting away from investments in fossil fuels, a new report has found.

Canada's top pension funds slow to shift away from fossil fuels, report finds
A pumpjack draws out oil from a well head near Calgary in this file photo taken in September 2022.

Canada's largest pension funds, which hold trillions of dollars in assets combined, are trailing behind many of their international counterparts when it comes to shifting away from investments in fossil fuels, a new report has found.