MANY SECTORS OF THE ECONOMY, INCLUDING THE FOREST SECTOR AND PETROCHEMICALS, HAVE BEEN AFFECTED BY THE RISING DOLLAR AND THE PRICE OF OIL. WHAT IS THE IMPACT OF THESE FACTORS ON SGF’S INVESTMENTS?
SGF acquires equity positions in companies. That’s its mandate, its culture and its source of pride. It will therefore always be exposed to the ups and downs of the economy. We’re involved in sectors that have come under pressure, but continue to have growth potential for Québec. There are several aspects to our work: • We look for solutions with partners that are experiencing difficulty, such as certain portfolio companies in our pulp and paper portfolio • We engage with industry stakeholders, public decision-makers and academics for a strategic assessment of the future of certain economic sectors, as was the case of the forest sector in 2007. In addition, as a result of the in-depth expertise we have developed, we can focus on the niches of the future, which will enable us to make promising investments, even in industries in difficulty. Induspac is a fine example. Changes in the economic context may call for a strategic realignment in certain sectors, but we will not withdraw from th
Related Questions
- MANY SECTORS OF THE ECONOMY, INCLUDING THE FOREST SECTOR AND PETROCHEMICALS, HAVE BEEN AFFECTED BY THE RISING DOLLAR AND THE PRICE OF OIL. WHAT IS THE IMPACT OF THESE FACTORS ON SGF’S INVESTMENTS?
- How important is the contribution of the banking sector to the overall Bahamian economy?
- Who and what sectors of the economy will be affected?
