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There have been, and always will be, politically sensitive investments. faced a 2012 takeover bid from U.S. That caused us political grief, but it was the right decision to make, and the Caisse decided,” says Carlos Leitão, who was Quebec’s finance minister from 2014 to 2018 and now serves on the Bank of Canada’s board of directors. “I
The original investments were made between 2012 and 2014. Exited the investment in Crowne Plaza Times Square, a mixed-use hotel property in New York City. Net proceeds from the investment were nil. Our original investment was made in 2010. Sold our minority interests in five regional malls across the U.S.,
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