The Caisse de dépôt et placement du Québec is making a number of personnel changes as part of its response to the economic challenges. “At the beginning of the year, it was clear that the challenges of the next decade would be very different from the last decade’s challenges,” said Charles Emond, president and chief […]
With the coronavirus pandemic causing pain for employers and employees across the country, many organizations want to help out those in need. But can pension funds go as far as making financial donations to charities? Last week, the Caisse de dépôt et placement du Québec announced it’s donating $300,000 to five organizations for coronavirus relief, […]
With a world in turmoil, some of Canada’s public pension plans and investment managers are considering how they can use their economic clout to help. The British Columbia Investment Management Corp. realized there was a responsibility in its staff working from home because of the coronavirus. Normally, staff are encouraged each year to take a day of […]
When it comes to global infrastructure investments, Canadian pension funds are at the forefront. In fact, seven Canadian institutional investors made the list of the top 20 infrastructure investors worldwide, according to a report by Preqin Ltd. “Between them, these top institutions have invested a total of $106 billion in the infrastructure asset class through […]
Across the country, public pension plans are releasing statements to assure members that their defined benefit pensions are secure and that they’re taking measures to protect the health and safety of their own staff. The Colleges of Applied Arts and Technology pension plan said it regularly tests operations and will continue to make pension payments. […]
The Caisse de dépôt et placement du Québec is purchasing infrastructure developer and operator Plenary Americas, the North American branch of Plenary Group Ltd. As part of the deal, the Caisse is acquiring Plenary Americas’ operating business, as well as a controlling stake in its existing public-private partnership portfolio. Read: Caisse buys more shares in Indian solar […]
The Caisse de dépôt et placement du Québec is acquiring 717,701 additional shares of Azure Power Global Ltd., bringing its total holdings in the company to 24,259,272 shares, or 50.9 per cent of the total outstanding stock. Azure Power is an independent Indian solar-power producer with a portfolio of assets generating more than seven gigawatts. “We have built […]
The Caisse de dépôt et placement du Québec is closing a $125 million financing deal with Meridian Credit Union Ltd. The investment takes the form of subordinated private debt aimed at helping Meridian continue its growth, as well as diversify its products and services. Meridian offers both commercial and personal loans, credit cards, insurance services, mortgages and wealth management. […]
The Caisse de dépôt et placement du Québec is closing a $125 million financing deal with Canadian credit union, Meridian. The investment takes the form of subordinated private debt, with the capital aimed at helping Meridian continue its growth and the diversification of its products and services. Today, Meridian offers both commercial and personal loans, […]
The Caisse de dépôt et placement du Québec World, through its investment in DP World, has completed the purchase of Fraser Surrey Docks. The closing of the deal, which was first announced last spring, means the Canadian marine terminal is now officially part of one of the world’s largest port operators. “This new addition to DP […]