TORONTO, ONTARIO--(Marketwire - July 21, 2010) - The CPP Investment Board (CPPIB) today reiterated its intent to vote against the proposed transaction agreement between Magna International Inc. (Magna) and the Stronach Trust at the July 23rd Magna Shareholder meeting. CPPIB also stated that it intends to oppose the proposed transaction at the subsequent Ontario Superior Court of Justice fairness hearing, if that hearing takes place.