Canadian Pension Fund embroiled in senior care scandal
The Canada Pension Plan Investment Board (CPPIB) remains caught up in a scandal involving elder abuse, fraud and embezzlement. The public retirement plan is the largest investor in Orpea, a for-profit corporation that is accused of rationing food and incontinence products in its European long-term care homes. The CPPIB owns 15% of Orpea and holds two seats […]
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