Latest news with #Caisse
Montreal Gazette
07-05-2025
- Business
- Montreal Gazette
Plans to sell REM trains to the U.S. have been scrapped, Caisse says
After dreaming of exporting its light automated rail service (REM) to the United States, the chairman of Quebec's Caisse de dépôt et placement du Québec told a legislative committee on Tuesday the idea had been scrapped. Charles Emond told Liberal MNA Frédéric Beauchemin that the context in which the pension fund had several conversations in 2018 about exporting the service had changed. 'I have no intention of exporting the model to the United States in the same way it was discussed at the time,' Emond said. 'All of the team is concentrated on delivering the project (the REM expansion in Montreal) in its entirety.' Emond justified the change in policy by noting that 'charity begins at home.' His comments come as the existing REM service between Brossard and Central Station continues to be interrupted because of what operators describe as ' technical issues ' or, in some cases, winter weather. Meanwhile, the Caisse defended its investments and operations in India in the wake of what the Liberal opposition is describing as a 'scandal' hit the institution. The Caisse invested US$470 million in Azure Power Global, an India-based solar energy company that is now worth no more than US$100 million because of questionable business practices and corruption. Emond said Quebecers 'should not be worried,' saying the incident was an isolated case.
Yahoo
13-02-2025
- Sport
- Yahoo
Hall of Fame hosts 15th annual youth all-star games
SPRINGFIELD, Mass. (WWLP) – The Naismith Basketball Hall of Fame hosted the 15th annual basketball all-star games on Wednesday. The annual game is put together by the Holyoke Safe Neighborhood Initiative and C3 City Wide Program. Their goal is to create a healthy environment for students in grades 3 through 8 and teach youth the fundamentals of basketball, teamwork, sportsmanship, and hard work. The organizer Eddie Caisse told 22News the impact he's seen the game have on the kids who participate. 'We have seen kids come in like 5th and 6th grade, where you see that they were heading down wrong roads even at that young of an age to see years later turn their life around, graduate high school, go to college or the military,' said Caisse. Caisse also told 22News that these games are not possible without the help of the local agencies and coaches who volunteer and continue to take this program to the next level. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
