The Globe and Mail reports in its Thursday edition that Caisse de dépôt et placement du Québec tallied a 9.3-per-cent return last year as gains from stock holdings offset a neutral performance by real estate investments. The Globe's Nicolas Van Praet writes that net assets stood at $517-billion at the end of 2025, up from $473-billion the year before. The annualized return over five years was 6.5 per cent. "It's really a new world order out there," Caisse chief executive officer Charles Emond told The Globe, noting the power of AI-related themes over stock markets among other major shifts taking place. Investment diversification remains the key to delivering stable returns as the uncertainty persists, he said. The Caisse is omnipresent in the province, investing in companies such as Couche-Tard and WSP and pushing into transit development with Montreal's $8-billion Réseau express métropolitain light-rail system. Among its biggest domestic deals in the past 12 months, the Caisse bought Innergex Renewable Energy for about $2.8-billion and struck a $1.3-billion deal with Telus for a minority stake in a new cellphone tower spinout called Terrion. It also made a $100-million (U.S.) equity investment in Champion Iron.