Canada Pension Plan Investment Board holds investments in ByteDance, the Chinese company whose TikTok video-sharing app was just banned on government-issued devices by Ottawa due to security concerns.
The pension board currently lists ByteDance under its holdings in the “Private Equity Asia” category on its website.
Canada’s ban of TikTok on government-issued devices announced on Feb. 27 comes on the heels of the European Commission and the European Union Council making a similar announcement for staff devices last week.
A screenshot from the website of CPP Investments showing Beijing Bytedance Technology as one of the companies the pension board is currently investing in. (CPP Investments/Screenshot via The Epoch Times)
The U.S. federal government and many U.S. states have also banned the app on government-issued devices. Democrat and Republican lawmakers in the United States are currently pursuing legislation to ban TikTok from operating in the United States….
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