CDPQ has invested an additional $150 million in Pomerleau, one of Canada’s leading construction firms, strengthening their strategic partnership as Pomerleau continues its rapid growth across the country. This investment, which follows CDPQ’s initial $50 million investment in 2018, supports Pomerleau's acquisition of ITC Construction Group, a top residential construction company based in Vancouver.

Pierre Pomerleau, President and CEO of Pomerleau, expressed gratitude for CDPQ's continued support, which aligns with their expansion and strategic plans. Under CDPQ's partnership, Pomerleau has seen substantial growth, with revenues increasing from $1.8 billion to $4 billion and their order backlog growing from $3.5 billion to $11 billion.

Kim Thomassin, CDPQ’s Executive Vice-President and Head of Québec, highlighted the investment's role in expanding sustainable living environments across Canada, particularly through the acquisition of ITC Construction Group. Pomerleau’s growth includes nearly doubling its market outside Quebec, which now represents almost 50% of its revenues.

Over the past two decades, Pomerleau has built its expertise in residential housing, completing nearly 100 projects across various regions. With the ITC acquisition, its largest to date, Pomerleau aims to address the national housing shortage by providing green, innovative, and cost-effective housing solutions.