CDPQ

The Caisse de dépôt et placement du Québec is an institutional investor that manages several public and parapublic pension plans and insurance programs in the Canadian province of Quebec. It was established on July 15, 1965 by an act of the National Assembly, under the government of Jean Lesage, as part of the Quiet Revolution, a period of social and political change in Quebec. It is the second-largest pension fund in Canada, after the Canada Pension Plan Investment Board. It was created to manage the funds of the newly created Quebec Pension Plan, a public pension plan that aimed to provide financial security for Quebecers in retirement. The CDPQ's mandate was to invest the funds prudently and profitably while also contributing to Quebec's economic development. As of December 31, 2024, the CDPQ managed assets of C$473 billion, invested in Canada and elsewhere. The CDPQ is headquartered in Quebec City at the Price Building and has its main business office in Montreal at the Édifice Jacques-Parizeau.