Caisse de dépôt et placement du Québec

Created in 1965, the Caisse de dépôt et placement du Québec (La Caisse) is a public-sector entity with the mandate to manage funds for private- and public-sector depositors, which include public-sector pension and insurance plans and some government entities. CDP Financial Inc. (CDP Financial) is a wholly owned subsidiary of La Caisse set up to develop financing programs to meet the needs of La Caisse's investment groups. The ratings on the debts issued by CDP Financial are predicated on the unconditional and irrevocable guarantees provided by La Caisse.