TORONTO, Feb 25 (Reuters) – Canada’s ministry of financing called a media report that the head of the country’s largest pension fund had actually traveled to the Middle East and got a COVID-19 vaccination “really unpleasant”.
Mark Machin, the 54- year-old president of the C$4757 billion ($377 billion) Canada Pension Plan Financial Investment Board (CPPIB), received a Pfizer Inc vaccine shot after arriving in the United Arab Emirates with his partner this month, the Wall Street Journal (WSJ) reported on Thursday, mentioning individuals familiar with the matter.
” While the CPPIB is an independent company, this is extremely troubling,” a spokeswoman for Canada’s ministry of finance stated. “The federal government has been clear with Canadians that now is not the time to travel abroad. We were not warned of this travel.”
CPPIB did not respond to numerous ask for remark by Reuters. Machin was selected president and CEO in June 2016, according to the pension fund’s site.
The CPPIB was established by an Act of Parliament in December 1997, however it is governed independently from the federal government. It manages Canada’s national pension fund, spends for behalf of about 20 million Canadians and reports to a board of directors picked by Canada’s minister of financing.
There is no particular restriction on Canadians taking a trip abroad, however the federal and provincial federal governments have actually encouraged against abroad trips to avoid the spread of the unique coronavirus.
Canada routes behind many developed countries in its vaccination drive, with under 3%of the population inoculated so far. Prime Minister Justin Trudeau’s federal government has come under attack from opposition leaders and provincial premiers for the slow-burn roll out.
Some Canadian federal and provincial leaders have resigned in the previous month after their abroad leisure journeys triggered public outrage.
$ 1 = 1.2620 Canadian dollars Reporting by Maiya Keidan; Modifying by Stephen Coates
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http://criminaljusticecourses.net/canadas-finance-ministry-calls-report-of-cppib-ceos-overseas-trip-for-covid-shot-extremely-troubling/
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