Leadership change at CDPQ Infra in 2026: Jean-Marc Arbaud announces retirement, Daniel Farina appointed President and CEO Français
Jean-Marc Arbaud will step down from his position on December 31, 2025, as he enters retirement after leading the organization for ten years. He will join CDPQ Infra's Board of Directors as a non-executive director.
Jean-Marc Arbaud's retirement
Over the past decade, Jean-Marc Arbaud's leadership and know-how have enabled the foundation and growth of CDPQ Infra into the strong, internationally recognized organization it is today. During his tenure, he oversaw the design, planning and execution of the REM, the longest automated light rail line in the world, delivered at the most competitive cost, developed during an unprecedented historical period.
Under his leadership, CDPQ Infra was also tasked with implementing a new tramway project, TramCité, in Québec City, following the submission of the Plan CITÉ report on mobility planning in the region. Additionally, after a global call for tenders, CDPQ Infra, leader of the Cadence group, was selected by the federal authority Alto to ensure the planning and realization of a high-speed rail network between Québec City and Toronto.
"I've often said that without Jean-Marc Arbaud, the REM would not exist. Today, I'd like to add that without his vision and tremendous work over the past ten years, CDPQ Infra would not be the reference it is today in planning and delivering major infrastructure projects. I extend my heartfelt thanks to Jean-Marc for his remarkable legacy at La Caisse and for agreeing to remain with us until the end of the year and beyond as a member of our subsidiary's Board of Directors. At the same time, I congratulate Daniel Farina on his appointment as President and CEO of CDPQ Infra and thank him for his commitment to the organization's growth and success in the years to come," said Charles Emond, President and CEO of La Caisse.
Appointment of Daniel Farina
M. Farina brings over 25 years of experience in managing and structuring major infrastructure projects worldwide. He has played a central role in large-scale transactions in the healthcare and energy sectors, as well as highway and rail transportation. With exceptional international experience, he has held engineering, management, and executive roles on infrastructure projects in Europe, the Middle East, and Latin America. His broad experience has enabled him to lead teams responsible for research, management, contracting and development of various infrastructure projects.
Before joining CDPQ Infra in 2019, Mr. Farina worked for the OHLA Group, including as director responsible for the new Centre hospitalier de l'Université de Montréal (CHUM) project.
"We are delighted to confirm Daniel Farina's appointment as CDPQ Infra's President and CEO starting in the new year. Since joining the organization, Daniel has proven outstanding leadership, remarkable experience and expertise in managing major projects, and a strong understanding of infrastructure both in Québec and internationally. Since 2023, he has played a decisive role as General Manager, particularly in attracting leading international industry players to Québec. We are pleased to have him lead the organization into a new chapter with the TramCité and Alto high-speed rail projects," stated Emanuel Jaclot, Chair of the Board of CDPQ Infra.

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We focus on growth industries that require a specialized capital partner, and we aim to create long-term value by acting as both a direct investor in operating businesses serving these markets and as a manager of investment funds for institutional partners. For additional information, please visit FORWARD-LOOKING STATEMENTS This news release contains certain "forward looking statements" and certain "forward looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management's beliefs, expectations or intentions regarding the distribution services market, the network services market and the general economy, Crown's business plans and strategy, including anticipated investment dispositions and capital deployments and the timing thereof, anticipated refinancing activity and Crown's future earnings. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown's periodic filings with Canadian securities regulators. 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For securityholders who hold the U.S. dollar traded BCCL.U, the securityholder's account holder will typically convert distribution payments to U.S. dollars. Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit About Global X Investments Canada Inc. ( Global X Investments Canada Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X Fund family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Global X has more than $42 billion of assets under management and 146 ETFs listed on major Canadian stock exchanges. Global X is a wholly-owned subsidiary of the Mirae Asset Financial Group, which manages more than $800 billion of assets across 19 countries and global markets around the world. Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently, and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing. The payment of distributions, if any, is not guaranteed and may fluctuate at any time. The payment of distributions should not be confused with an exchange traded fund's ("ETF") performance, rate of return, or yield. If distributions paid by the ETF are greater than the performance of the ETF, distributions paid may include a return of capital and an investor's original investment will decrease. A return of capital is not taxable to the investor but will generally reduce the adjusted cost base of the securities held for tax purposes. Distributions are paid as a result of capital gains realized by an ETF, and income and dividends earned by an ETF are taxable to the investor in the year they are paid. The investor's adjusted cost base will be reduced by the amount of any returns of capital. 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An investment in BCCC or BCCL is not intended as a complete investment program and is appropriate only for investors who have a sophisticated knowledge and understanding of Bitcoin and the capacity to absorb a loss of some or all of their investment. An investment in either BCCC or BCCL is considered high risk. Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking statements. 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Cision Canada
12 hours ago
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The Next Gold Boom May Not Be in Bullion--It's in the Miners
Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC, Aug. 8, 2025 /CNW/ -- USA News Group News Commentary – On the brink of a long-awaited breakout, gold-miner stocks appear to be signaling potential outperformance compared to the spot gold price which has been having a great year so far. After a small dip a week prior, analysts are projecting what could be an impending generational mining stock boom. This week, gold regained ground, extending its gains with a Fed rate cut looking to be on the horizon. Experts are already adjusting their gold price forecasts, with the next three months looking to hit $3,500, and Fidelity projecting a potential $4,000 per ounce price by year-end. As bullion prices continue to surge, this modern gold rush is filling the coffers of miners, giving retail investors a bigger reason to assess the field of miners of all stages and sizes. Among those companies that are making moves worth noting are Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Aris Mining Corporation (TSX: ARIS) (NYSE-American: ARMN), Idaho Strategic Resources (NYSE-American: IDR), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), and Fortuna Mining Corp. (NYSE: FSM). According to a recent report from Research Nester, the Global Mining Market is poised to grow at 3.8% CAGR to nearly $355 by 2037. Gold mining majors are already publicly stating they expect bumper profits as gold's prices and volumes surge. As gold flirts with all-time highs and silver rips through multi-year resistance, investors are beginning to rotate into junior miners as the next logical phase of the precious metals bull run. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) is now entering a critical phase in its transition toward gold production, with commissioning of Nyati Resources' processing plant expected to begin within the next two to four weeks. 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"The Toboggan project was one of the reasons I was originally drawn to the company over a decade ago, so it is good to once again have this horse back in the stable," said John Swallow, President and CEO of Idaho Strategic. "Additionally, our first introduction to Rob Morgan, who is now IDR's VP Exploration, came during his time on the ground at the Toboggan while advancing the project for Newmont." The acquisition adds 2,880 acres of contiguous ground and includes the historic Ramshorn and Little Baldy properties. The company sees this as a transformative move to control a high-potential gold district adjacent to its existing operation. Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) reported record free cash flow in Q2 2025 while transitioning to a net cash position. The company produced 915,000 ounces of gold at total cash costs of US$757/oz and generated US$719 million in operating cash flow. It also repaid US$450 million in debt and continues to optimize production across its global portfolio. "Our portfolio of high-quality assets continued to deliver exceptional results this quarter, generating record free cash flow, more than doubling the prior quarter," said Ammar Al-Joundi, President and CEO of Agnico Eagle. "This performance reflects the strength of the gold price environment, our disciplined cost management and the consistency of our operational execution. While delivering record free cash flow, we remained disciplined in our capital allocation – reinvesting in our business, strengthening our balance sheet and returning capital to shareholders. We ended the quarter with a significant net cash position and returned approximately $300 million to shareholders through dividends and share repurchases this quarter. We remain focused on executing on our 2025 guidance and advancing our key growth projects to drive long-term value creation." Fortuna Mining Corp. (NYSE: FSM) recently announced it has updated the mineral resource estimate for its Diamba Sud Gold Project in Senegal, now totaling 904,000 ounces of gold in the indicated and inferred categories. The company plans to complete a Preliminary Economic Assessment by Q4 2025, setting the stage for potential development. Diamba Sud lies within the prolific Kedougou-Kenieba inlier, home to several major West African gold discoveries. Fortuna sees the project as a cornerstone asset in its regional growth strategy. Ongoing work includes metallurgical testing, geotechnical studies, and continued exploration to expand the resource base. CONTACT: USA NEWS GROUP [email protected] (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for media corp, who has been paid a fee for an advertising from a shareholder of the Company (333,333 unrestricted shares). MIQ has not been paid a fee for Lake Victoria Gold Ltd. advertising or digital media, but the owner/operators of MIQ also co-owns Media Corp. ("BAY") There may also be 3rd parties who may have shares of Lake Victoria Gold Ltd. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY own shares of Lake Victoria Gold Ltd and reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.