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A truck hauls a load at Teck Resources Coal Mountain operation near Sparwood, B.C.
A truck hauls a load at Teck Resources Coal Mountain operation near Sparwood, B.C.
(The Canadian Press)

China Investment Corp. revamps Canadian office

Amid widespread losses on its Canadian resource investments, China Investment Corp.’s main man in this country is departing the fund.

Felix Chee, who established CIC’s presence in Canada, is leaving the firm, Bloomberg reported.

Investments in Teck Resources Corp. And Penn West Petroleum are among CIC’s positions that are down significantly lately.