MONTREAL - Quebec’s pension fund manager could play an outsize role in whether SNC-Lavalin Group Inc. eventually pulls up stakes for the United States. A logo for the Caisse de Depot et Placements, Quebec's pension fund, is seen Wednesday, February 21, 2018 in Montreal. Quebec's pension fund manager could play an outsize role in whether SNC-Lavalin Group Inc. eventually pulls up stakes for the United States. ( Ryan Remiorz / THE CANADIAN PRESS )Quebec’s Caisse de depot et placement holds a roughly 20 per cent stake in SNC-Lavalin, making it far and away the biggest shareholder. The loan, while partially paid off, adds leverage to a pension fund whose investing pedigree carries respect.
Source: thestar March 29, 2019 19:37 UTC