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Canada Pension Plan invests heavily in Chinese propaganda film companies

And that comes even after the Commons censured China for genocide, accounts show.

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Despite saying it would take steps not to invest in countries that abuse human rights, the Canada Pension Plan Investment Board holds millions’ worth of stock in Chinese propaganda film studios, says Blacklock’s Reporter.

And that comes even after the Commons censured China for genocide, accounts show.

“We believe that strong human rights practices contribute to long-term value,” the Board said in a mission statement five years ago.

“Engaging with companies in our portfolio on this topic is therefore an important part of our strategy.”

Documents reveal the board invested $7 million in Communist Party-licensed film studios.

Stock holdings included $4 million in China Film Co. Ltd., a state-run distributor that produced Amazing China, a film depicting “President Xi’s vision of a globally resurgent nation.”

“This is our great homeland,” said an official Party review of the film endorsed by the Communist Youth League.

“This is the new era. This is the magnificent painting of the people’s livelihood.”

The Board also holds $3 million in shares in Alibaba Pictures Group that produced The Eight Hundred, a Second World War film that “would seem to be Party-approved,” wrote The Hollywood Reporter.

The film’s epilogue states the war was “ultimately won by a Communist-led resistance.”

Filmgoers’ reviews on Amazon.com rated The Eight Hundred “the worst movie I’ve ever wasted $6 on,” “full of propaganda,” “typical censor-approved garbage spewed by a Communist regime.” “That’s 2 hours and 27 minutes of my life I’ll never get back,” wrote one reviewer.

Other Alibaba movie releases include My People, My Homeland that “centres on a patriotic theme,” Coffee Or Tea that “praises China’s young people’s spirit of innovation and persistence in entrepreneurship,” and Leap, described by the state-run press as a film celebrating “national glory” of the China women’s volleyball team.

The Pension Plan Investment Board held Chinese film studio stock even as the Commons last February 22 voted 266-0 to censure China for crimes against humanity. The vote marked the first time Parliament recognized ongoing atrocities under the United Nations Convention On The Prevention And Punishment Of The Crime Of Genocide. Previous votes targeted historic atrocities like the Nazi holocaust.

“We need to move forward, not just as a country but as a world, on recognizing the human rights violations that are going on in China,” Prime Minister Justin Trudeau earlier told reporters.

“This is an issue that matters deeply to me, to all Canadians.”

The film investments followed millions spent by the board on Chinese coal companies despite its public statements on climate change.

“We do believe climate change is happening and we do believe it’s a major risk,” then-CEO Mark Machin testified at June 11, 2020 hearings of the Commons finance committee.

The Board at the time held $141 million in Chinese coal stocks, including shares in China Shenhua Energy Co., the largest state-run coal mining company in the People’s Republic.

Pension Plan investment managers have since sold most of their Chinese coal shares, but continue to hold $1 million in China Coal Energy Co., operator of 12 mines.

Machin abruptly quit his $5.9 million-a-year post last February 25 following disclosures he defied travel bans to fly to the United Arab Emirates for a COVID-19 vaccination.

Dave Naylor is the News Editor of the Western Standard
dnaylor@westernstandardonline.com
Twitter.com/nobby7694

Dave Naylor is the News Editor of the Western Standard and the Vice-President: News Division of Western Standard New Media Corp. He has served as the City Editor of the Calgary Sun and has covered Alberta news for nearly 40 years. dnaylor@westernstandardonline.com

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3 Comments

3 Comments

  1. Left Coast

    July 11, 2021 at 9:22 am

    Justin just luvs the CCP . . .

    The “PlanDemic” was the response to the USA crushing China with Tariffs in 2019 . . . and most of the Wealthy Class was onboard as they are all heavily invested in China.

    The Gorebull Warming scam is another way to crush the Western Democracies . . . China is doing the opposite as is India and others.

    The cost of going net-zero for China exceeds seven to fourteen percent of its GDP. Instead, China uses green rhetoric to placate westerners but aims for development with 247 new coal fired power plants. China now emits more greenhouse gases than the entire rich world.3

    Most other poorer countries are hoping to follow China’s rapid ascendance. At a recent climate conference, where dozens of high-level delegates dutifully lauded net-zero, India went off-script. As other participants squirmed, power minister Raj Kumar Singh inconveniently blurted out the truth: net-zero ‘is just pie-in-the-sky.’ He added that developing countries will want to use more and more fossil fuels and ‘you can’t stop them.’

    Bjorn Lomborg notes, “If we push on with our climate doublethink, rich people will likely continue to wring their hands and aim for net-zero, even at considerable costs to their own societies. But three-quarters of future emissions come from poorer countries using what they regard as the more important development priorities of avoiding poverty, hunger and disease.” 3

    China’s latest five-year plan increases investment in coal and omits any cap on total energy consumption. This leads to the observation that ‘the central contradiction between expanding the smokestack economy and promoting green growth appears unresolved.’ The lack of a cap on total energy consumption was a notable exclusion.

    Coal remains at the heart of China’s flourishing economy. In 2019, 58 percent of the country’s total energy consumption came from coal, which helps explain why China accounts for 28 percent of all global CO2 emissions. And China continues to build coal fired power plants at a rate that outpaces the rest of the world combined. In 2020, China brought 38.4 gigawatts of new coal fired power into operation, more than three times what was brought on line everywhere else. 5

    A total of 247 gigawatts is now in planning or development, nearly six times Germany’s entire coal fired capacity. China has also proposed additional new coal plants that, if built, would generate 73.5 gigawatts of power, more than five times the 13.9 gigawatts proposed in the rest of the world combined. Last year, Chinese provinces granted construction approval to 47 gigawatts of coal power projects, more than three times the capacity permitted in 2019.

    In spite of all this, China publicly demands the USA fulfill Obama’s Paris Agreement pledges, and makes a big deal of their conversion to green energy. However behind the scenes the Chinese green scene is starting to look like a gigantic coal plant construction exercise.

    While China is building coal plants around the world, the United States is shuttering its coal fired power plants, despite having, by far, the world’s largest supply of coal. Between January 2017 and May 2019, the United States shuttered 50 coal fired plants, with 51 more shutdowns announced, bringing the total shutdowns to 289 since 2010.

    https://canadafreepress.com/article/coal-plants-expanding-world-wide-not-so-in-the-united-states

  2. Eldon

    July 10, 2021 at 9:01 am

    I agree with you Steven. This country is on a downward path to communism. Our pension money should never be put at risk by investing in communist countries. Particularly China!
    The pm and his posse have only destroyed this country. Yet, he will be elected again. The way forward is for the West to separate. As the conservatives under O’toole are a lost cause.

  3. Steven

    July 9, 2021 at 9:42 am

    An Alberta Pension Plan would have more control over asset allocation. Premier Kenney isn’t the one to get that done, never will be.

    China would be the last place I’d put any money or buy on the Chinese exchange. Foolish of the Canada Pension Plan to put Canadian pensions at risk & support a communist regime while it steals our Canadian research to boot.

    Prime Minister Trudeau’s love of China, I suspect, is a catalyst in this and a betrayal of his duty to protect Canada.

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Truckers: ‘We are not separatists or terrorists’

The organization announced the number of heavy trucks-alone- going to Ottawa is close to 50,000, a large increase from the original expected 1,600 trucks.

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Truckers on the Freedom Convoy are rejecting characterizations they are “separatists” and “terrorists.”

“A small team of Alberta truckers, their family members and friends, came to the decision that the Government of Canada has crossed a line with implementing COVID-19 vaccine passports and vaccine mandates. As of today, we now have the support of millions of Canadians from across the country,” group organizers said in a press release.

Demands from the Freedom Convoy to the federal government are:

  • Terminate all vaccine passports, including inter-Canada passport systems.
  • Eliminate mandatory programs of vaccination and contact tracing.
  • Respect the rights of those who wish to remain unvaccinated.
  • Cease the divisive rhetoric attacking Canadians who disagree with government mandates.
  • Cease limiting debate through coercive measures with the goal of censoring those who have varying or incorrect opinions.

“A unified and free Canada can be our future, and it starts now with reminding the government they serve the people,” stated the truckers.

“We have an opportunity for all of us to come together irrespective of our differences and do what is needed to ensure our freedoms are protected now and for future generations.

Statements claiming the convoy participants are ‘separatists’ or ‘terrorists’ are “categorically false and an attempt to smear” the movement, organizers said.

“It is saddening this kind of rhetoric is coming from Prime Minister Trudeau and his government. Instead of protecting our basic freedoms outlined in the Charter of Rights and Freedoms, Justin and his government seek to do the opposite. He is continually issuing defamatory comments and maligning large segments of the population. If history has taught us anything, these are actions that cannot be ignored. We are peaceful, hard-working Canadians who love our country and want the betterment for all Canadians.”

The organizers said due to the mass support of the movement, they can no longer guarantee the average Canadian will not be disrupted by the protest.

“For that, we are truly sorry, and we will do our very best to limit the disruptions to your lives. We ask that Canadians remember we are fighting for everyone’s freedoms and it’s the political class that has abandoned us all,” said the release.

The organization announced the number of heavy trucks going to Ottawa is close to 50,000, a large increase from the original expected 1,600 trucks. One driver going the opposite direction told the Western Standard he measured the convoy at 100-km long as it approached Winnipeg.

Some supporters are unable to commit to the whole trip, but are finding ways to still participate.

“A lot of vehicles just join the parade while it’s close to their homes and then peel off later, so it’s dynamic,” Martin Halvorson, a driver in the convoy, told the Western Standard.

“The amount of people is unknown because we are not counting … The numbers are big,” convoy organizer, Andy Draaistra, told the Western Standard.

“All the support is unbelievable, we hope the overpasses will hold the tons of people,” said Draaistra.

via risex100, Twitter
Via Basia Porter, Twitter

The protest is against federal COVID-19 mandates and is scheduled to arrive in Ottawa January 30 and then hold a mass demonstration the next day, Monday, when Parliament reumes.

Ewa Sudyk is a reporter with the Western Standard
esudyk@westernstandardonline.com

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China changes Fight Club ending to cops busting anarchists

Multiple scenes from the original cut were deleted and a new ending was added.

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The classic film Fight Club has been changed for viewers in China, with a ‘happy ending’ that complies with domestic censorship rules.

An altered version of the 1999 film was released on streaming platform Tencent Video in China over the weekend.

Multiple scenes from the original cut were deleted and a new ending was added.

Many in China had seen the original film pirated online and were surprised when streaming the newly released version.

Instead of buildings exploding at the end, the version shows authorities step in and win. 

Original closing scene of Fight Club

In the closing scenes of the original the narrator kills off his imaginary alter ego Tyler Durden and then watches multiple buildings explode with Marla Singer, suggesting his character’s plan to bring down modern civilization is underway.

In the censored version released in China, the narrator still kills off Durden, but the exploding buildings scene is replaced with a written message on black screen.

“The police rapidly figured out the whole plan and arrested all criminals, successfully preventing the bomb from exploding.”

As well as Tyler, figment of the narrator’s imagination was sent to a ‘lunatic asylum’ for psychological treatment and later discharged.

Revised ending to Fight Club

China is home to some of the strictest rules regarding censorship, and only a handful of foreign films are released each year.

In the past Hollywood has created alternative cuts in order to comply with Chinese censorship rules, in hopes to access millions of viewers in the country.

It is unclear if the cut was made by western movie producers, or the Chinese government.

Tencent did not comment on the matter.

Authorities under President Xi Jinping have been working to eliminate society of influences classified as unhealthy, including within movies, television, computer games.

This effort was also extended to cracking down on the country’s local celebrities for perceived immoral behaviour.

The Cyberspace Administration of China announced earlier this week an organized month-long ‘clean’ web campaign to create a ‘civilized and healthy’ online atmosphere.

Ewa Sudyk is a reporter with the Western Standard
esudyk@westernstandardonline.com

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Butt launches Twitter tirade on Scheer for supporting truckers

“It’s a truly depressing turn for our politics to take in Canada. Have we paid no attention to what happened to US politics, and how it happened?”

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The former top aide to Prime Minister Justin Trudeau has launched a Twitter broadside against former Conservative leader Andrew Scheer after he supported the truckers’ convoy rolling across Canada to protest vaccine mandates.

“Thank you Truckers! Trudeau is attacking personal liberty and threatening everyone’s ability to get groceries because of his overreach on vaccine mandates. He is the biggest threat to freedom in Canada,” Scheer tweeted.

Scheer tweet

That was enough to set Butts off.

“A breathtakingly irresponsible thing for a former Leader of the Opposition to say. Calling the prime minister — any prime minister — the biggest threat to Canadian liberty? This isn’t a dog whistle. It’s a welcome mat,” he tweeted.

“Politics is a rough business and not for the thin of skin or faint of heart. But the people in these enormously important offices have to respect those offices, even if they don’t like each other.”

Butts tweet

In a later tweet, Butts said: “Have been thinking about Mr Scheer’s comments all day. It’s a truly depressing turn for our politics to take in Canada. Have we paid no attention to what happened to US politics, and how it happened? I almost wish I were a Conservative, so I could fight for my party’s soul.”

On the weekend, Butts took a run at organizer Tamara Lich in an attempt to cast doubt on the integrity of Convoy For Freedom 2022.

“An Alberta separatist has collected almost a million bucks on a GoFundMe page to ‘support’ trucker protests. Where will the money go?” asked Butts in a tweet. 

More than $4.5 million has been raised to date as thousands of truckers are expected to descend on Ottawa this weekend.

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