C-315An Act to amend the Canada Pension Plan Investment Board Act (investments)
Private member's bill, introduced in the House of Commons on February 14, 2023
- Status
- At second reading in the House of Commons since February 14, 2023
What it does
Requires Canada Pension Plan Investment Board policies to bar investments in entities linked to human, labour or environmental rights violations, prohibited arms, or corruption.
What it does
- Requires the board’s investment policies, standards and procedures to say no investment may be made in, or held in, an entity if there are reasons to believe it committed human, labour or environmental rights violations.
- Requires the policies to exclude entities that produced arms, ammunition, implements or munitions of war that are prohibited under international law.
- Requires the policies to exclude entities that ordered, controlled, or otherwise directed corruption offences under the Criminal Code or the Corruption of Foreign Public Officials Act.
- Renumbers section 35 of the Canada Pension Plan Investment Board Act as subsection 35(1) and adds these rules as subsection 35(2).
Who it affects
- Canada Pension Plan Investment Board
- Entities in the board’s portfolio
- Pension plan members
Background
The bill changes section 35 of the Canada Pension Plan Investment Board Act. It says the board’s investment policies, standards and procedures must take environmental, social and governance factors into account.
Where it is
House of Commons
First reading
Completed.
Second reading
Current stage. Now here
Committee
Not reached.
Report stage
Not reached.
Third reading
Not reached.
Senate
First reading
Not reached.
Second reading
Not reached.
Committee
Not reached.
Third reading
Not reached.
Royal assent
Royal assent
Not reached.
Introduced by an MP who is not a minister. These bills compete in a lottery for debate time, and most do not become law. How a bill becomes law
How the House voted
No recorded votes yet
Read the source
LEGISinfo status: Outside the Order of Precedence. Bill data from LEGISinfo, votes from openparliament.ca and the House of Commons. Last updated October 13, 2026.