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LPNEWS

OMERS Keen On Financing Construction Of New Infrastructure

by pehub.com posted 1year ago 368 views
Canadian pension fund manager OMERS would like to invest more in building new infrastructure, its chief financial officer said, making it a candidate to support government programmes in Canada and the United States. Canada has set up an ‘infrastructure bank’ to supplement government investment in projects like new roads and bridges with funding from private investors such as pension and sovereign wealth funds. At the same time, President Donald Trump is planning a US$1 trillion investment programme. Canada’s biggest pension funds are among the world’s biggest infrastructure investors but they have traditionally preferred to invest in ‘brownfield’ assets that have...