Feb 6, 2026
The Canada Pension Plan Investment Board has invested billions in fossil fuel expansion in the United States since Trump’s return to office.
The Canada Pension Plan Investment Board (CPPIB) is financing — and profiting from — U.S. President Donald Trump’s fossil fuel and AI development agenda, DeSmog has learned.
The CPPIB has invested billions in fossil fuel expansion in the U.S. since Trump’s return to office. It has partnered with private equity firms to acquire American oil and gas producers, and financed AI companies like Elon Musk’s xAI.