“For over 40 years, I have been an investor in business ventures including the oil businesses in my home city of Calgary and my family business, Canadian Tire Corp. My decision to resign as chancellor was prompted by the incompatibility of my business interests with the board of governors’ decision to divest from fossil fuel companies in its endowment portfolio,” she wrote in her resignation letter.
I called Seymour Schulich, a business success who is Canada’s largest donor to many universities, and his reaction was simply: “It is easier to find a unicorn than to find wisdom on a university board of governors.”Seymour Schulich The UN is a joke for allowing this, but where are the so-called environmentalists? Fossil Free Guelph should be demanding bans on all those cheap imports of clothes, furnishings, plastics, electronic devices and fresh produce that are transported on planes and giant container ships, and bought up by students and everyone else.
Agree or disagree, individuals and institutions are free to decide how they invest their money. Or is Diane Francis now opposed to the free market?
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