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Caisse needs to get behind a Rona renovation Add to ...

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Invesco Canada’s demand for a shareholder vote to dislodge the directors of poorly performing home improvement retailer Rona Inc. is an uncharacteristically bold move for a conventional Canadian institutional investor. Will its outburst of activism herald a torrent of similar actions by Canadian fund managers? Possibly. But the more immediate question is how another institutional investor, the Caisse de dépôt et placement du Québec, responds.

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