UBC president addresses Gaza encampment demands

The president of the University of British Columbia says its endowment fund doesn’t directly own any stocks that are the target of divestment demands by pro-Palestinian protesters who have set up an encampment on the Vancouver campus.

Benoit-Antoine Bacon says the targeted companies are instead part of “pooled funds and managed by external investment managers,” making up 0.28 per cent of the endowment fund UBC says is worth about $2.8 billion.


Click to play video: 'The impact of university divestment from Israel'


The impact of university divestment from Israel


He says in a message posted online that the university would welcome a “respectful and robust discussion” with its students about the investments.

Story continues below advertisement

Bacon says the encampment that began at UBC’s MacInnes Field on May 29 now involves about 100 people and 75 tents.


Breaking news from Canada and around the world
sent to your email, as it happens.

He says UBC values peaceful protest but anyone expressing views about the “violence unfolding in Israel and Palestine” needs to be “exceptionally careful” how they convey their thoughts.

The UBC protests are part of a movement that has roiled academic campuses in the United States and Canada, with some, including Ontario Premier Doug Ford, calling for the encampments to end.

Protesters say they want UBC to divest from Israeli companies they say are complicit in the “oppression and genocide” of Palestinians. They also want an academic boycott of Israeli universities and other institutions.


Click to play video: 'Pro-Palestinian encampment at McGill in 2nd week'


Pro-Palestinian encampment at McGill in 2nd week


Bacon says UBC is “actively monitoring the situation” at MacInnes Field and “prioritizing the safety of all our community members and visitors.”

Story continues below advertisement

“It is absolutely essential that the university remains a place of reasoned debate where conflicting views can peacefully coexist. Our academic and social mission depends on it,” he says.

Bacon adds that the university’s expectations of the protesters have been “made clear.”

“I want to stress again that protest actions must be conducted with respect for others and within the boundaries of UBC policy and the law, and any action that contravenes this will be taken very seriously,” he said.

The message tells staff managers they should print it out and display it in a work common area.

&copy 2024 The Canadian Press

Read original article here

Denial of responsibility! Verve Times is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a Comment