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Canada-China Relations committee  I think, especially on China, it's very progressive. It's more progressive than I expected. It mentioned defending human rights and Canadian values, but just saying that is not enough. You need to have a strategy and a plan for how to protect our national interests. I think it

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  I don't know. I don't mind if they want to make comments.

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  I think I worry, and I also don't worry too much. I worry, of course, that, like what you said, people will forget about Hong Kong, but I think that for the value of the protest cycle.... In 2014, there was a lot of focus, and then it died down. Then, in 2019, it came back, five

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  I wanted to talk about that, because I think that in China or in Hong Kong, if you're trying to tell the truth about it and how actually there's no return in investing in China or that the economy is actually not good, you will be persecuted. You could be arrested. You're not all

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  Also, there should be country analysis attached to the Indo-Pacific strategy. I think that is very important. Lay out the potential losses, when there are conflicts.

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  Canada is a leading country defending human rights and freedom in the world. I think actually that Canada can lead on ESG standards if the government gets serious about our pensions and our investments. I think that should be the starting point that we impose, some kind of regula

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  For the Canada pension plan, we can see that Alibaba and Tencent are huge holdings. They are some of the biggest holdings in that pension plan, and both, actually, with violations of human rights in Xinjiang. I don't know if the pension plans have any mandate to check their hol

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  I think that ESG investment is quite fashionable right now. We can, in fact, buy ESG funds. The problem is that they focus on E only. When you buy ESG funds, usually they're environmentally friendly, so you don't get this oil company or any company that creates pollution back int

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  Yes. The situation is actually very serious. I think talking about a war between the U.S. and China and Taiwan is the worst scenario. But I think even without that, even with a trade blockade, that would be a huge blow to the world economy and to our pension funds. A blockade wou

November 29th, 2022Committee meeting

Aileen Calverley

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  I think it must be very shocking. Often we hear that in the supply chain there's cotton made by Uighurs and they're in concentration camps. We never look into our pensions. I think politicians on this committee work very hard to defend our values, defend Canada's values and als

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  Thanks to the committee for giving me this opportunity to talk about Canada's pension fund investment in Chinese equity. I want to raise a wider issue for Canada's pension funds and other institutional investors. By holding Chinese stocks of any kind, investors are taking on Chi

November 29th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  I'm sorry. Your question...?

October 4th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  Thank you. I think they should help those people who, for example, joined the pro-democracy movement. A lot of them were put into prison. Now they're out, but they're not eligible because they have criminal records. However, the record is only for illegal assembly, for example,

October 4th, 2022Committee meeting

Aileen Calverley

Canada-China Relations committee  It is very shocking news. Actually, quite a few have opened up in Ontario—one in Markham where I lived. The Chinese agents have been around, but I think openly. That it's actually the Chinese police, I think this really the first time we've heard that. I think they are openly do

October 4th, 2022Committee meeting

Aileen Calverley