Canada Growth Fund
About Canada Growth Fund
Canada Growth Fund (FCC) is a 15-billion-dollar investment fund independent from the Government of Canada. Its mandate is to build a financially prudent portfolio that catalyzes private-sector investments in Canadian companies and projects to help rapidly and broadly grow the economy while moving toward emissions reduction. The fund focuses on three core areas: projects, clean technologies, and low-emission supply chains, supporting Canadian innovation and competitiveness on the global stage. Managed by FCC Asset Management, a subsidiary of PSP Investments, the fund operates to accelerate economic growth and decarbonization in Canada.
Recent News
Nouveau Monde to Proceed with G7’s Biggest Graphite Mine
Eni Invests $70MM in Canadian Battery Feedstock Project
New Partnership to Keep Thompson Mine Open, Eyes Expansion After Partial Sale – by Eric Westhaver (CBC News Manitoba – February 19, 2026)
Mangrove Lithium Opens North America’s First Commercial Electrochemical Lithium Refining Facility
Nouveau Monde Graphite Secures $297 Million to Advance Canadian Graphite Mine Project
Discussion Paper Floats Ways Ottawa Can Help Fund Giant Electrical Grid Buildout
Hydrostor Announces Development of Advanced Compressed Air Energy Storage Project in Greater Napanee, Ontario
Darlington SMR Renews Canada’s Nuclear Maturity
Nouveau Monde Raises $297M as Italy’s Eni Takes Stake
Recent Deals
Nouveau Monde Graphite Raises $297M, with Eni Taking 12% Stake
Vale Sells Control of Thompson Nickel Complex to Investor Group for up to $200M Injection
Vale Base Metals Partners with Exiro, Orion and Canada Growth Fund to Form Exiro Nickel Company with $200M Investment
Ontario Power Generation Secures $970M Loan From Canada Infrastructure Bank for Darlington SMR Project