Brookfield, CPPIB to launch $50-billion fund to invest in strategic sectors, sources say
The Canada Pension Plan Investment Board and Brookfield Asset Management Ltd. are jointly launching a $50-billion “Maple Fund” that will make major investments in infrastructure and key sectors in Canada, two sources said Monday. Brookfield and CPPIB will each put up as much as $25-billion over the next five years to make equity investments in sectors that Canada considers strategic...