Michael Sabia – Benefits Canada.com

Ehren Cory appointed as new Canada Infrastructure Bank CEO

mschmit — Fri, 30 Oct 2020 06:18:30 +0000

The Canada Infrastructure Bank has appointed Ehren Cory as its new chief executive officer. Cory previously served as Infrastructure Ontario’s president and chief executive and prior to that, was a partner at McKinsey and Company. The ministry of infrastructure and communities says Cory was selected because of his experience and background in dealing with financing, […]

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Infrastructure bank to invest $10 billion in priority areas for pandemic recovery

mschmit — Fri, 02 Oct 2020 03:58:19 +0000

The Liberal government is promising to finally spend $10 billion that has sat in the accounts of its infrastructure financing agency for years, hoping to create thousands of post-pandemic jobs. Prime Minister Justin Trudeau said the three-year plan would create 60,000 jobs by expanding access to high-speed internet, building out agricultural irrigation infrastructure in western […]

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Charles Emond, Jean Raby to co-chair Investor Leadership Network’s CEO council

mschmit — Tue, 16 Jun 2020 09:15:01 +0000

The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby, CEO of Natixis Investment Managers, as co-chairs of its CEO council. Raby and Emond are succeeding the founding co-chairs of the council, Ron Mock, former CEO of the Ontario Teachers’ […]

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Former Caisse CEO named chair of Canada Infrastructure Bank

mschmit — Mon, 06 Apr 2020 04:14:23 +0000

The federal government is shaking up the people in the top spots at the Canada Infrastructure Bank, including saying goodbye to the chief executive and installing a new board chair. Out is Pierre Lavallee, the first CEO of the infrastructure financing agency that the Liberals created two years ago. In as the new board chair […]

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New Caisse CEO stresses caution after 10 year bull market and soft 2019 returns

mschmit — Fri, 21 Feb 2020 04:33:51 +0000

The Caisse de depot et placement du Quebec missed its benchmark portfolio last year due to lacklustre performance of real estate and infrastructure assets and a focus on long-term stability, even as it enjoyed its strongest return on investment in five years. The Quebec pension fund manager generated a 10.4 per cent annual return on […]

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Caisse’s Sabia warns U.S. China trade rivalry could further split global economy

mschmit — Fri, 29 Nov 2019 04:46:48 +0000

The outgoing head of Quebec’s pension fund manager says the U.S.-China trade war threatens to fan protectionism and cleave economies in what amounts to “the defining conflict of our time.” Michael Sabia, who is slated to step down as chief executive officer of the Caisse de dépôt et placement du Québec in February, said Thursday […]

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Michael Sabia leaving Caisse to head University of Toronto’s Munk School

mschmit — Wed, 13 Nov 2019 04:30:39 +0000

The chief executive of the Caisse de depot et placement du Quebec is stepping down from the pension fund manager to become head of the Munk School of Global Affairs and Public Policy at the University of Toronto. The Quebec fund manager says Michael Sabia, 66, is leaving at the beginning of February, a little […]

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Factoring in climate change in your investment decisions

mschmit — Fri, 20 Oct 2017 04:58:15 +0000

Caisse seeks 50% boost to low-carbon investment under new green-focused strategy

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