Proudly Invested in Canada
Canada is more than a market for IMCO, it is our home.
As a Canadian institutional investor managing money on behalf of Ontario's public sector, we see great opportunity in deploying capital within the country that our clients live and work. Today, approximately one-third of IMCO's multi-billion-dollar portfolio is invested in Canada, underscoring both our commitment to the country and the opportunities we see within it.
Canada offers IMCO an investment landscape that is difficult to replicate anywhere else. Here, we have deeper access to information and stronger relationships across industries, sectors and markets, helping us identify opportunities earlier and evaluate them with greater clarity. That proximity also allows for more rigorous risk assessment and closer oversight throughout an investment’s lifecycle, while enabling us to partner closely with Canadian investors and meet our clients' liabilities in local currency. Being embedded in the Canadian market also means we have a deep understanding of the regulatory environment. This provides us with greater certainty around the rules governing major investments and helps create a stable framework for long-term capital deployment.
Our investments here span industries that are essential to the country’s economic foundation. A few examples illustrate the breadth of our investment capabilities and expertise:
407 ETR
In the Greater Toronto Area, IMCO invested in 407 ETR, the 108-kilometre toll highway that helps hundreds of thousands of drivers move more efficiently across the region each day. The roadway generates an estimated $1.2 billion in annual socioeconomic benefits, reducing travel times, lowering fuel consumption and improving mobility across the GTA.
Image by 407 ETR.
Algoma Hydro
Further north, Algoma Hydro delivers electricity to more than 12,000 residential, commercial and seasonal customers across the Algoma District, providing reliable power to communities and businesses in northern Ontario.
Image by Brookfield.
Rogers Communications
Across the country, IMCO is also invested in Rogers Communications, one of Canada’s leading telecommunications providers. Through its wireless, internet and media services, Rogers connects millions of Canadians and supports the digital infrastructure underpinning the modern economy.
VersaCold Storage
IMCO also previously invested in VersaCold Storage, Canada’s largest temperature-controlled logistics provider. With a national network of warehouses and distribution centres in major markets, the company plays a critical role in moving food and other essential goods across the country.
Real Estate Investments
In Toronto, IMCO's office property investments are home to some of the province’s largest employers, including TD Bank, Royal Bank and leading technology firms. Additionally, our investment in West Square Phase 1 will deliver a purpose-built mixed-income community totaling 494 residential rental units, including long-term affordable housing.
Definity Financial
Through Definity Financial, one of Canada's largest property and casualty insurers, we support the provision of home, auto and business insurance to Canadians nationwide.
Our investments across the country have a two-fold outcome: they fund the benefits our Ontario clients pay to Canadians, while the projects and companies we invest in also help strengthen Canada’s broader economy. As interest grows in large-scale nation-building initiatives, our ability to write flexible cheque sizes, combined with the decades of domestic and global experience of our investment professionals, positions us well to participate.
For IMCO, allocating capital domestically is not simply about opportunity. It is equally about fulfilling a responsibility to the institutions and the people we serve.
Learn more about our investment approach.