Creation and Development of the Caisse

 
An Outstanding Tool for Growth

In 1965, when the Caisse de dépôt et placement du Québec was founded, the Premier at the time, Mr. Jean Lesage, presented the institution as a tool for growth, a more powerful economic lever than any other the province had up until that point.

History has shown that he was correct. Today, the Caisse is recognized worldwide as a first-rate institutional fund manager.

The years indicated below have marked the development of the Caisse over time:

1966  
Its head office is established in Québec City and its main place of business is set up on 360, rue McGill in Montréal.
 
1974    
The Caisse’s Canadian equity portfolio is the largest in Canada.

1980  
The Caisse adopts new orientations and places greater emphasis on investments in equities and real estate.

1996  
Created in 1993 by grouping together the subsidiaries Ivanhoe, SITQ and Cadim, the Caisse Real Estate group is the leader among real estate owners in Québec and second in Canada.

1997
Changes to the Act enable the Caisse to invest 70% of its portfolio in equities compared to a 40% limit previously.

2003 
The Caisse is given the highest short- and long-term credit ratings by the DBRS, Standard & Poor’s et Moody’s agencies. The Caisse still had these ratings at the end of 2007.

2006 
With its return of 14.6%, the Caisse is ranked in the first quartile of Canada’s large pension funds for a third consecutive year.

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Additional Information
Consult the Caisse’s Overall Return From 1966 to 2007