The Canada Pension Plan Investment Board is holding firm on its U.S. prison investments, despite controversy over their role in immigration detention south of the border, according to a person familiar with the situation.
The Toronto-based fund, which manages about C$368 billion ($277 billion), holds small stakes of CoreCivic Inc. and Geo Group Inc., which had facilities that held people suspected of illegally entering the U.S. under a policy imposed this year by President Donald Trump.
