La Caisse de dépôt et placement du Québec: straddling between two worlds

Luc Bernier ()
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Luc Bernier: Ecole nationale d’administration publique (ENAP), Université du Québec, Québec (Canada)

No 1307, CIRIEC Working Papers from CIRIEC - Université de Liège

Abstract: La Caisse de dépôt et placement du Québec has been an important public enterprise for Quebec’s economic development since its creation in 1965. It has been described as an essential element in the economic strategy of modernization in this Canadian province. La Caisse is an interesting case if one considers that its financial performance has been better when it was also preoccupied by its public mission rather than focusing on profitability. The longitudinal case study presented here illustrates that the Caisse has been straddling between these two missions. The period covered allows to understand the possibilities offered to the public enterprise and how it can adapt to changing circumstances overt time and successive economic crises.

Keywords: financial institution; pension plan; Québec; public enterprise; economic development; assets management. (search for similar items in EconPapers)
Date: 2013-07
New Economics Papers: this item is included in nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:crc:wpaper:1307

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