BCSC, Barrick And The BCIMC (Pension fund for BC Civil Servants)
posted on
Aug 24, 2017 03:22PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Currrently the BCSC is indirectly connected to Barrick Gold through its Pension Fund the BCIMC,
The BCIMC is directly responsible for looting the people of BC and Canada in a wide variety of manners.
While the province is being stripped bare of education and healthcare funds, ICBC and BC Hydro are being run into the ground it is the BCIMC who is reaping the rewards.
Lets be clear that as of right now there is no evidence that Barrick was directly responsible for the demise of SLI however Barricks unscrupulous methods are well known around the world and there is a possibilty they were involved. It is also very possible that the BC Investment Management Corporation (BCIMC) had its tentacles in the fraud perpatrated on SLI shareholders. Its cozy little setup with the BCSC allows its umbrella of corporate holdings to operate as they please in BC no questions asked.
While the post below does not prove anything regarding Barrick, the BCSC and SLI, it is however very enlightening as to exposing the kinds of relationships and conflicts of interests that exist in the current financial structures and institutions in Canada. If these kinds of conflicts of interest can be allowed to exist and the rule of law brushed aside how can any government official make any claims that a fair and unbiased investigation was completed on the SLI matter with any credibilty or authority?
How Are the BC Securities Commission and Barrick Gold Connected?