CDPQ selling shares of Canadian consultancy WSP Global
The CDPQ is expected to receive roughly $500M from the transaction and may reinvest it to ‘accelerate the growth of local companies’ in Canada to prepare for possible US tariffs.
The CDPQ is expected to receive roughly $500M from the transaction and may reinvest it to ‘accelerate the growth of local companies’ in Canada to prepare for possible US tariffs.
Ben
Meng joins the Canadian plan from Franklin Templeton
“Despite a challenging economic environment, this impressive return aids in enhancing benefit security for our 10,000+ members and beneficiaries,” said Christopher Brown, the plan’s CEO.
The
new acquisition of Innergex marks a keen interest in renewable
power
The industrial sector’s favorable
market dynamics position this joint venture well to deliver strong returns for
the CPP Fund
The
portfolio includes leasable area across South California, New Jersey and
Pennsylvania.
Under
the new leadership, the plan is focused on being fully funded
The
government is facing opposition from Public Service Alliance of Canada for the
transfer.