{"id":20235,"date":"2020-11-17T15:00:24","date_gmt":"2020-11-17T20:00:24","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/caisse-investing-further-in-flight-training-service-152715"},"modified":"2020-11-17T15:00:24","modified_gmt":"2020-11-17T20:00:24","slug":"caisse-investing-further-in-flight-training-company","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/11\/17\/caisse-investing-further-in-flight-training-company\/","title":{"rendered":"Caisse investing further in flight training company"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"350\" height=\"263\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2020\/11\/139501523_123RF_FlightSimulatorPilotTraining-350x263.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt=\"Copyright_ambrozinio_123RF\" title=\"Caisse investing further in flight training company\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;November 17, 2020 <\/p>\n<p>The Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec is investing $150 million in CAE Inc., a Quebec-based company specializing in training and operational support for several industries.<\/p>\n<p>The investment is part of a $300-million financing drive and will support the company\u2019s expansion plans, according to a press release. This includes the acquisition of Flight Simulation Co., which will allow CAE to offer flight training services to its aviation customers in&nbsp;Europe.<\/p>\n<p><strong>Read: <a href=\"https:\/\/www.benefitscanada.com\/news\/the-caisse-invests-50-million-in-cae-35292?preview_id=35292&amp;preview_nonce=c43ea6bbba&amp;_thumbnail_id=14797&amp;preview=true\">The Caisse invests $50 million in CAE<\/a><\/strong><\/p>\n<p>In 2012, the Caisse <a href=\"https:\/\/www.benefitscanada.com\/news\/the-caisse-invests-50-million-in-cae-35292?preview_id=35292&amp;preview_nonce=c43ea6bbba&amp;_thumbnail_id=14797&amp;preview=true\">invested $50 million<\/a> in CAE, part of a $350-million round of private financing for the company.<\/p>\n<p>\u201cOur investment is rooted in a desire to support a resilient Quebec business like CAE in its recovery and growth efforts,\u201d said Kim Thomassin, executive vice-president and head of investments in Quebec and stewardship investing at the Caisse, in the release.<\/p>\n<p>\u201cIn a global context that is challenging for the aeronautics sector, CAE continues to demonstrate the capacity to innovate in various growth sectors of the economy and strengthen its competitive position with a view to fully resume activities.\u201d<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/caisse-investing-further-in-flight-training-service-152715\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;November 17, 2020 The Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec is investing $150 million in CAE Inc., a Quebec-based company specializing in training and operational support for several industries. The investment is part&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20235"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20235"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20235\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}