On August 26, 2015, Canadian Medical Association (CMA) member delegates at the CMA's Annual General Meeting voted in favor of a motion urging their Association to divest its reserve investments (used for fund ongoing CMA activities) in energy companies whose main activities are related to fossil fuels. CMA management has indicated that it intends to initiate as soon as possible the necessary mechanisms for this transition.
Delegates also urged the CMA to analyze, for its reserves, investment opportunities in the renewable energy sector.
These decisions apply only to the CMA's reserves, and not to the investments or portfolios of MD's clients.
About MD Financial Management
Owned by the Canadian Medical Association, MD Financial Management's goal is to improve the financial situation of physicians by meeting their unique needs and acting in their best interests.
MD, with more than $ 40 billion in assets under administration, is dedicated to the needs of Canadian physicians and their families. ® offers financial products and services, the MD family of funds and investment advisory services through the MD group of companies. For a detailed list of these companies, please visit our website at md.amc.ca .
Director of Communications, MD Financial Management, Inc.