IMCO's comment on the creation of Ontario Infrastructure Bank
Nov 2, 2023 - IMCO supports the ongoing development of, and stable funding for, infrastructure in Ontario. We were pleased to be at the table with other pension fund peers recently, in discussing and assessing the benefits of the creation of the Ontario Infrastructure Bank.
IMCO's sole focus is on generating long-term returns for our public sector clients. We are committed to investing in Canada and Ontario. Along with our peers, we welcome the creation of additional investing opportunities in the province, which will simultaneously enable stable funding for critical infrastructure, while delivering sound returns that achieve our fiduciary mandate.
The Investment Management Corporation of Ontario (IMCO) manages $73.3 billion of assets on behalf of our clients. Designed exclusively to drive better investment outcomes for Ontario's broader public sector, IMCO operates under an independent, not-for-profit, cost recovery structure. We provide leading investment management services, including portfolio construction advice, better access to a diverse range of asset classes and sophisticated risk management capabilities. As one of Canada's largest institutional investors, we invest around the world and execute large transactions efficiently. Our scale gives clients access to a well-diversified global portfolio, including sought-after private and alternative asset classes. For more information, visit imcoinvest.com or follow us on LinkedIn and Twitter @imcoinvest.