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Access to Information

Under Quebec law, all public institutions are required to provide almost any document requested through an Access to Information request. Members of the McGIll community have received tons of interesting documents through this procedure, and now they are being made public on this website.

Browse by year and by topic using the Categories on the right, or search for specific information or documents.

A good resource for making ATI requests is McGill’s Personal File Inventory document, which has the location of all of their files. http://ge.tt/9j0ZDYP/v/0?c

If you have questions or comments, email me at christopher.bangs[at]mail.mcgill.ca.

Enjoy!

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Yearly releases of McGill’s holdings

FYI we’ve been posting yearly releases of McGill’s equity, bonds, and cash holdings. It’s at the same link as much of McGill’s other information. We usually request this data just after March 31st of every near.

With the collaboration of McGill staff, we have annual access to digital, .csv formatted copies of all their investments, including stock tickers and precise dollar amounts for all companies, as well as fully accounting for their corporate bonds, CUSIPs and ISIN numbers. It will be easy to search McGill’s investments and match them to live stock information.

https://drive.google.com/folderview?id=0B1wjj0SoSptTMGQ2RDFoZmZ5YUE&usp=sharing

This link does not contain information on McGill’s alternative investments.

Digital Copy of McGill’s Investments (and Much New Info)

On March 24th, 2016 McGill University released the most comprehensive and useful information it has ever released on their investments. For the first time, McGill has released digital, .csv formatted copies of all their investments, including stock tickers and precise dollar amounts for all companies, as well as fully accounting for their corporate bonds (Part 2). For the first time, it will be easy to search McGill’s investments and match them to live stock information.

In addition, McGill released investments since 2012 (part 1).

Also, in part 3 and 4, McGill released the most comprehensive information they have ever published on McGill’s “alternative investments” in oil commodities, real estate, and a list of McGill’s hedge funds with overall strategies indicated.

https://drive.google.com/folderview?id=0B1wjj0SoSptTMGQ2RDFoZmZ5YUE&usp=sharing

We’d like to thank the staff at McGill for their help in preparing this data. We hope this information will help inform the discussions happening on campus around these issues.

Rolling Release of McGill’s Equity Holdings and Quarterly Reports

The equities are here from 2011 on:

https://drive.google.com/folderview?id=0ByvQX1dmgto2UlFuQkZhNUNROE0&usp=sharing

And the quarterly reports are here, again from 2011 on:

https://drive.google.com/folderview?id=0ByvQX1dmgto2cVBhREw5eHhFcGM&usp=sharing

Here are the annual reports going back to 2007:

https://drive.google.com/folderview?id=0ByvQX1dmgto2fm1xcEUzNU1YWkIzZFZfWkp0QzhpSGRxQjZYeGJVTzgyek1qWjl5OGVEeVk&usp=sharing

Contracts with Six Companies Not Released

Only two companies consented to have their contracts released: Imperial Oil (Exxon-Mobil), BHP Billiton. This allows us to have a public and open discussion about the university’s activities.
Not released: Nexen, Statoil ASA, Royal Bank of Canada, Xstrata, Rio Tinto not released, claiming that articles 23 & 24 of Québec’s Access to Information law applied. In other words, these companies refused to release their contracts in any way to the public.
We remain concerned about this secretive use of university resources.
For the remaining companies, McGill claims they have no contracts, Memoranda of Understanding, or Memoranda of Agreement with the other companies listed below.
Here was the full text of the request:
1.) All contracts, Memoranda of Understanding, or Memoranda of Agreement with the companies listed below and related to research conducted between January 1st, 2007 and December 31st, 2013:
Baytex
BP
Canadian Natural Resources
Cenovus Energy
Chevron
Enbridge
Encana
Imperial Oil
Nexen
Royal Dutch Shell Company
Statoil ASA
Suncor Energy
Transcanada Corps
Royal Bank of Canada
Anglo American
Exxon Mobil
BHP Billiton
Xstrata
Rio Tinto
Canadian Natural Resources
Mitsubishi Corp
Repsol YPF S.A.
BG Group
Inpex Corp
Statoil ASA
Talisman Energy Inc.
RWE AG
Cenovus Energy Inc
EOG Resources
Wesfarmers
OMV
Oil Search LTD
EnCana Corp.
Mitsui
Crescent Point Energy Corp.
AGL Energy
Tullow Oil
Santos Limited
ArcelorMittal
Cairn Energy
GDF Suez S.A.
Itochu Corp
Bonavista Energy Corp

McGill releases contract and donation links to the fossil fuel industry

In March of 2015, McGill released much more comprehensive information about its ties to the fossil fuel industry. The three attachments contain information about fossil fuel industry donations to McGill as well as its industry-funded research grants. In addition, although McGill’s investments are publicly available, McGill released for the first time a list of holdings it considers part of the fossil fuel industry. This informs the community what McGill believes a divestment scenario would involve as of December 31st, 2014.

Donations

Industry-funded research grants.pdf

List of publicly traded equity in  MIP as at December 31 2014 – Shares Held

Here is the text of the request made to McGill.

I) An accounting of all shares held by McGill University (or related entities) of companies that have a principal business involved in the extraction, processing or, production of fossil fuels. The accounting shall include share type, share number, and corporate name;

II) An accounting of all shares held in the personal account of Principal Suzanne Fortier of companies that have a principal business involved in the extraction, processing or production of fossil fuels. The accounting shall include share type, share number, and corporate name; and

III) An accounting of all financial donations, contributions, grants, bursaries, scholarships and any other financial transfer received by McGill University, its staff in their professional capacities, or related entities from companies that have a principal business involved in the extraction, processing or production of fossil fuels. The accounting shall include corporate name, the monetary value of said financial transfer, and underlying purpose of said financial transfer.”

McGill released the three documents with the following statement and explanation:

“Regarding the first part of your request, please note that the list of McGill’s investment holdings is publicly accessible on McGill’s website. You may access this information by following this URL link: http://www.mcgill.ca/investments/holdings. This notwithstanding, we are able to provide you with a list of publicly traded equity holdings held by McGill University from companies which might derive their incomes from the fossil fuel industry, as at December 31, 2014. The list includes the type of industry under which each corporation is classified, the corporations’ names and the number of shares held by McGill for each corporation. Please note that this list does not include McGill’s holdings in pooled funds. McGill University does not hold documents regarding pooled funds that correspond to your request.

Regarding the second part of your request, McGill University does not possess any documents regarding the shares that Principal Suzanne Fortier may hold. McGill does not have any “personal account” containing any information described in this portion of your request.

Regarding the third part of your request, we are able to provide you with a list of donations received by the office of University Advancement from companies “that have a principal business involved in the extraction, processing or production of fossil fuels,” and a list of research grants received from companies “that have a principal business involved in the extraction, processing or production of fossil fuels.” Both lists are records of information from April 1, 2008, to the date of your request.

Please be advised that the documents you are requesting contain confidential “industrial, financial, commercial, scientific, technical or union information” and/or information supplied by third persons, the disclosure of which “would likely hamper negotiations in view of a contract, result in losses for the third person or in considerable profit for another person or substantially reduce the third person’s competitive margin.” Consequently, as required by sections 25 and 49 of the Act (appended for your reference), we notified the third parties in question. We have since been advised by certain third parties that they consent to the release of the documents subject to certain redactions. Accordingly, pursuant to sections 23 and 24 of the Act (appended), we have redacted the documents according to the responses of the third parties.”

The redacted sections came from Imperial Oil, who nonetheless released many of their research contracts, available here:

https://mcgillileaked.wordpress.com/2014/06/05/exxon-mobil-donates-to-mcgills-alumni-relations/

https://mcgillileaked.wordpress.com/2014/06/05/2013-fossil-fuel-research-contracts/

https://mcgillileaked.wordpress.com/2014/06/05/2012-fossil-fuel-research-contracts/

https://mcgillileaked.wordpress.com/2014/06/05/2011-fossil-fuel-research-contracts/

https://mcgillileaked.wordpress.com/2014/06/05/2010-fossil-fuel-research-contracts/

https://mcgillileaked.wordpress.com/2014/06/05/2009-fossil-fuel-research-contracts/

https://mcgillileaked.wordpress.com/2014/06/05/2008-fossil-fuel-research-contracts/

https://mcgillileaked.wordpress.com/2014/06/05/2007-fossil-fuel-research-contracts/

https://mcgillileaked.wordpress.com/2014/06/05/2006-fossil-fuel-research-contracts/