Caisse de dépôt lends up to $150 mln to SSQ Insurance
Caisse de dépôt et placement du Québec (CDPQ) has provided a loan of up to $150 million to SSQ Insurance, a Québec City-based provider of insurance and financial services. The deal will help SSQ optimize its capital structure and execute its strategic plan, which includes a focus on innovation and development in the Canadian market. Overseeing assets of $12 billion, SSQ offers group, individual life, health and general insurance products as well as a range of investment products. CDPQ has invested in the company since the early 2000s. SSQ is also backed by Fonds de solidarité FTQ.
6 December 2018•3 mins read
