Caisse de dépôt et placement du Québec said it has made a $150-million equity investment in the Montreal-based flight simulation maker to support its expansion plans, which include the $70-million acquisition of Amsterdam’s Flight Simulation Company B.V., announced Monday. (The Logic)

Talking point: “In a global context that is challenging for the aeronautics sector, CAE continues to demonstrate the capacity to innovate in various growth sectors of the economy and strengthen its competitive position with a view to fully resume activities,” declared Kim Thomassin, CDPQ’s executive VP and head of investments in Quebec and stewardship investing. CAE’s revenue dropped by a third in its quarter between April and June and the firm launched a $100-million restructuring. Its more recent second-quarter saw profit and revenue rise compared to the same time last year. The announcement of Caisse’s investment also nodded to CAE’s new status as a player in the health care sector; as my colleague Murad reported, the company’s pivot to making ventilators during the COVID-19 pandemic has spurred international demand, and it intends to continue with health tech as well as with its core businesses.