The Caisse de dépôt et placement du Québec is acquiring a 50 per cent interest in the A25 Concession, a 7.2 kilometre toll road and bridge network that serves the Greater Montreal transportation network. Through the transaction, which is valued at $355 million, the Caisse will have co-control of the network through a partnership with Transurban, a […]
The Caisse de dépôt et placement du Québec is appointing Maxime Aucoin as executive vice-president of depositors and total portfolio. In the new role, Aucoin, who’s currently responsible for portfolio construction, asset allocation and currency management, will also be responsible for economic and financial analysis, global strategy and depositor advisory services. With 10 years of […]
The Caisse de dépôt et placement du Québec is partnering with an asset manager to provide a credit facility to an electric vehicle subscription service. Through its partnership with Pollen Street, an alternative asset management firm, the investment organization has established a $153-million line of credit for Onto, a U.K.-based company that provides its subscribers […]
The British Columbia Investment Management Corp. is acquiring a battery storage provider. The investment organization will acquire Eku Energy from Macquarie Asset Management. The company designs electrical storage systems and operates a portfolio of these in projects in Australia, Europe and Japan. In the release, Lincoln Webb, executive vice-president and global head of infrastructure and […]
The Ontario Teachers’ Pension Plan is providing an equity injection to help finance the acquisition of an automotive financing and insurance company. APCO Holdings, in which the pension fund holds a majority stake, is acquiring National Auto Care for an undisclosed sum. While a portion of the price tag was secured through third-party debt financing, APCO […]
The Ontario Teachers’ Pension Plan is jointly acquiring and consolidating two online presence companies alongside an investment fund. The investment organization and its partner, Cinven Inc.’s seventh investment fund, will acquire Group One and the Dogado Group, two European online presence service providers. Following the acquisitions, both companies will be reorganized into a single business. […]
An article on virtual health-care findings in the 2022 Benefits Canada Healthcare Survey was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. 88% of benefits plan sponsors satisfied with virtual health-care offerings: BCHS 2. OTG Management using earned-wage access cards to help employees contend with […]
Six of the leading Canadian pension asset managers are sharing details of their energy transition strategies in a new report by the Investor Leadership Network. The report, which highlights the complexity of climate transition investing, received contributions from the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan […]
An article on Canada’s ranking in retiree well-being was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Canada drops to No. 15 in retiree well-being global rankings: report 2. Court rules employers must include electronic tips under pensionable earnings 3. Expert panel: How employers can support […]
In 2018, Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, engaged the services of Women in Governance, an organization dedicated to increasing gender parity and diversity at Canadian employers. “This program helps us ask the right questions to make sure we’re implementing the right policies to increase gender […]