- The exit is consistent with CDPQ’s climate strategy, including its objective to exit oil production entirely by the end of 2022
- “Our aim is to avoid contributing to the growth in the global oil supply,” CDPQ said previously. “We will dispose of our assets in this sector.”
Azimuth Capital Management has purchased all of the common shares of Corex Resources, a Calgary-based oil and natural gas company, held by pension system Caisse de dépôt et placement du Québec (CDPQ).
