Tariff threat: CDPQ launches program for Québec businesses

MONTRÉAL, Feb. 6, 2025 /CNW/ - Caisse de dépôt et placement du Québec (CDPQ) announces a new program to encourage Québec companies to launch projects that increase productivity or to strategically pivot to new markets.

The program is structured around CDPQ's three pillars of action for Québec:

• Capital: Access to flexible financing that complements the solutions offered by banks and financial markets to encourage companies to undertake projects aimed at increasing productivity. The financing, that is supplemental to CDPQ's existing programs, will allow qualifying companies to carry out and finance their investment projects without increasing debt or immediately diluting their capital. The offer will be adaptable to meet the company's specific situation and needs to protect its balance sheet and liquidity.
• Expertise: Support for technological transformation ? automation, robotics, business process digitalization, AI applications ? in partnership with Vooban, a Québec leader in applied AI where CDPQ is a shareholder. CDPQ will provide financial support to the most promising projects based on a call for projects to be launched in the coming weeks.
• Network: Increased support for all companies looking to explore new markets to diversify their client base, suppliers or operations. CDPQ teams will work to open doors for companies and support them with its roster of 5,000 portfolio companies and business partners in 70 countries.

"We must take the current context as a call to action and use it to mobilize like never before. Whether or not the tariffs materialize, it's time to leverage all the know-how of our companies to drive Québec forward. CDPQ will be there to finance productivity-boosting projects and help companies diversify their markets," said Charles Emond, President and Chief Executive Officer of CDPQ.

For more information on the program, visit our website or email [email protected].

ABOUT CDPQ

At CDPQ, we invest constructively to generate sustainable returns over the long term. As a global investment group managing funds for public pension and insurance plans, we work alongside our partners to build enterprises that drive performance and progress. We are active in the major financial markets, private equity, infrastructure, real estate and private debt. As at June 30, 2024, CDPQ's net assets totalled CAD 452 billion. For more information, visit cdpq.com, consult our LinkedIn or Instagram pages, or follow us on X.

CDPQ is a registered trademark owned by Caisse de dépôt et placement du Québec and licensed for use by its subsidiaries. 

SOURCE Caisse de dépôt et placement du Québec