Caisse de dépôt et placement du Québec Announces Plans to Deploy C$15 Billion in Infrastructure Projects
CDPQ, a leading Canadian pension fund, will invest C$15 billion (US$11.2 billion) over the next five years in a variety of infrastructure projects.
The announcement was made during a press conference in Montreal today by CDPQ President and CEO Michael Sabia.
The investment will be made through CDPQ's Infrastructure arm, which has a global portfolio of over C$35 billion (US$26 billion) in assets. The new investment will be used to finance projects in a variety of sectors, including transportation, energy, and telecommunications.
Sabia said the investment is part of CDPQ's long-term strategy to generate sustainable returns for its clients. He said infrastructure is a key asset class for CDPQ because it offers stable returns and diversification benefits.
"We believe that infrastructure is a critical asset class for long-term investors," Sabia said. "It provides stable returns, low volatility, and inflation protection. We are pleased to announce this significant investment in infrastructure, which will help us to achieve our long-term goals for our clients."
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