Governance
We adhere to strict governance rules. Integrity and accountability are at the core of all of our activities. As active and committed shareholders, we ask companies in our investment portfolio to do the same.
Three distinct bodies
Our activities are governed by three bodies: the Board of Directors, the Executive Committee and the different executive teams of our real estate and infrastructure subsidiaries. These bodies are made up of experienced, international caliber managers. They act with integrity and rigour to implement and deploy strategies and action plans that generate the returns needed by our clients, while contributing to Québec’s economic development.
Our real estate subsidiaries
Our real estate activities are managed through two subsidiaries. Ivanhoé Cambridge, a world leader in real estate, handles investment, development, leasing, asset management and operations. Otéra Capital, one of Canada's largest commercial lenders, provides financing, including interim and term loans and the structuring of syndicated loans. These subsidiaries employ over 1,100 people.
Our infrastructure subsidiary
The subsidiary, which was created in 2015, focuses on completion of major public infrastructure projects. CDPQ Infra employs some 90 people, including several engineering and project executives.
Our codes, policies and regulations
We adhere to strict rules of governance when planning, coordinating and managing our activities. These rules are specified in:
- Act respecting the Caisse de dépôt et placement du Québec;
- Code of Ethics and Conduct for Directors
- Code of Ethics and Professional Conduct for Officers and Employees
Our activities are also governed by numerous internal regulations and policies. CDPQ is also subject to various other regulations and standards.
To learn more about our regulations and policies
Access to information
Under the Act respecting Access to documents held by public bodies and the Protection of personal information (R.S.Q. c. A-2.1), you may obtain access to documents from public bodies such as CDPQ. We may, however, invoke exceptions set out in this Act.
Distribution of information
The Regulation respecting the distribution of information and the protection of personal information, specifies that we are required to post various documents on our website.
Right to vote
We analyze each proposal submitted at the shareholder meetings of the companies we invest in, and we exercise our right to vote by proxy and publish them in a transparent manner.