Investments in Québec
CDPQ is a leading player in Québec. We have a profound understanding of this market where we play a structuring role that goes well beyond investment.
Every day we leverage our expertise, our teams’ know-how and our extensive Québec and international business networks to have a real impact and create lasting value to benefit millions of Quebecers.
See some examples of our investments and initiatives in Québec.
Key figures
$78.4 B
CDPQ’s total assets in Québec as at December 31, 2022
$100 B
Our ambition for
$62.2 B
Assets in the Québec private
Our objective
Our goal is to invest in projects and companies that generate strong returns for CDPQ and its depositors and contribute to building a dynamic, competitive and sustainable Québec economy over the long term.
Our approach
We support Québec’s companies and economic players based on 4 priorities:
- Growth
Put our capital, networks and expertise to work to help Québec companies grow and develop the next generation - Globalization
Finance and support companies of all sizes as they expand into new markets - Technological leap
Accelerate the technological turn required to stay competitive and grow the economy - Sustainable economy and communities
Invest in projects that produce a more sustainable economy and communities
Bespoke constructive capital
Do you run a mid-sized company looking to grow and enhance its competitive positioning?
Are you the head of a large cap seeking a solid partner to expand internationally?
We have solutions that meet your needs, no matter your development stage.
Our financing solutions
Equity investments
- Common shares
- Preferred shares
- Participating debentures
- Convertible debentures
Loan financing
- High-yield loans
- Short-term bridge loans
- Term loans
- Subordinated loans
- Senior debt
Partner with Québec companies
We work to develop and build strong companies that can compete on international markets.
Our professions
Private Mid Market Companies
Investing in and supporting successful SMEs
Private Large Capitalizations
Investing to expand large companies
Public companies and relationship investing
Support the growth of publicly listed companies
Operating Partnership
Support to maximize the value potential of partner companies
Venture Capital and Technology
International development and expansion of technology companies
Investment funds
Investments in private funds active in venture and development capital in Québec
Our value added
We are with you at each stage of development, whether in interactions between our experts and your management team or through our representative on your Board of Directors. We seek to create value by supporting you in developing and implementing your strategies.
Our integrated approach leverages:
- The expertise of our teams
- Our understanding of your business reality
- The power of our network in Québec and around the world
Team
Kim Thomassin
Executive Vice-President and Head of Québec
Geneviève Bouthillier
Managing Director, Private Mid-Market Companies
CDPQ Placements privés Québec Inc.
Jacques Marchand
Managing Director, Private Large Capitalizations
CDPQ Placements privés Québec Inc.
David Petrie
Managing Director, Public Companies and Québec Relationship Investing
CDPQ Placements privés Québec Inc.
Pierre Arsenault
Vice-President and Head of Operating Partners, Private Equity
CDPQ Placements privés Québec Inc.
Thomas Birch
Managing Director, Global Venture Capital and Technology
CDPQ Tech
Caroline Côté
Managing Director, Funds, Private Markets
CDPQ Funds Management
Selected investments
AddÉnergie
Solutions for charging electric vehicles
Total amount: $25 million
Pan-Canadian growth, network and technology
Hopper
Mobile application that predicts the price of airplane tickets
Total amount: $40 million
International growth
Lightspeed
Virtual POS platform for retailers and restaurants
Total amount: $210 million
International growth
Groupe Marcelle
Manufacturer and distributor of cosmetics
Total amount: $18 million
Acquisition of Lise Watier Cosmétiques
Group CANAM
Integrated construction solutions & products
Significant minority interest
Acquisition of the Canadian Operations of Group CANAM
Promising initiatives for the whole industry
Espace CDPQ is a physical and virtual hub dedicated to venture capital investors. Gathering the most active firms in Québec, Espace CDPQ facilitates the pooling of their networks, expertise and financial resources for the benefit of innovative entrepreneurs.
Repères numériques is a training and support program created exclusively for Québec SMEs to help them adopt a digital business culture in their organization. Tangible and practical, this one-year program seeks to generate lasting changes in around fifty SMEs in various industries that will be selected from across Québec.
This investment fund will deploy $250 million over four years to increase diversity and inclusion in companies in Québec and Canada. It is the largest Canadian fund ever created to target companies that leverage diversity as a vector of development and expansion.
This initiative was launched in 2018 with the goal of accelerating the growth of companies owned by women with sales of $5–20 million. This community of practice, which now includes 76 entrepreneurs from 11 regions of Québec, foster co-development between women entrepreneurs who share their similar realities and objectives.
Owner-operator of structuring projects
Infrastructures
CDPQ Infra provides an innovative model to finance and execute public infrastructure projects. It is currently building the Réseau express métropolitain (REM) in Greater Montréal.
Real Estate
Ivanhoé Cambridge is one of the main owners and managers of office buildings and shopping centres in Québec.
Real Estate Debt
Otéra Capital provides a full range of commercial real estate financing products and services.