Not in Our Name: Divesting Pensions and Rejecting Carney's War Bank

 

How is Carney's War Bank and the Ontario Teachers Pension Plan (OTPP) connected? Through investments in weapons and genocide, as well as the activists and organizations fighting for a Free Palestine.

Teacher and organizer with OTPP Divest (https://otppdivest.ca/) , James Campbell gives an overview of the movement to get the OTPP to divest from weapons manufacturers.

With a collection of success stories, it is clear the campaign resonates with teachers in the Province - with two of the largest unions overwhelmingly voting YES to divestment when given the chance.

So where does the resistance come from? Where it usually does - Capital. But also from the CEO of the $300 billion OTPP, Joe Taylor, who has refused calls from the ranks to stop using their name to line the pockets of war profiteers.

As it turns out, OTTP CEO Taylor is also a big supporter of the Defence, Security and Resilience Initiative (DSRB), or as second guest Tyler and his fellow activists with Stop the DSRB (https://actionnetwork.org/letters/stopwarbank)  call it - the War Bank.

What is it? Its a project of Carney's to get the G7 nations to sign on to this slush fund for the weapons industry. Its clearly stated purpose is to bypass popular (democratic) demands for social service spending and basic rights, in order to secure an endless supply of 'defence' funding. Its all being sold alongside Carney's Canadian militarism narratives, which has made it easier for him to line up supportive politicians from across the spectrum.

This makes the job of activists harder, but not impossible. James and Tyler talk about the tactics they've deployed, and the alliances they are building along the way. There are accessible pressure points to be pushed, tarnishing the reputation of unethical investments being one of them. Another is opposing the pitch for Toronto to serve as the headquarters for the DSRB.

Be sure to stay until the end to hear what else these activists have up their sleeve and learn more about the impacts divestment campaigns are having on the economic and political landscapes.