Australian infrastructure fund manager IFM Investors intends to invest C$10bn (€6.3bn) in Canada over the next decade, following this week’s agreement between Canadian and Australian pension funds to work together in their respective markets.
Australian and Canadian pension funds are leaders in infrastructure investment, co-investing on behalf of workers and retirees in roads, ports, energy, water and data centres, globally, said IFM, which is owned by Australian superannuation funds.
Funds managed by IFM are already invested in key Canadian infrastructure assets alongside Canadian pension funds, including Global Container Terminals in Vancouver and Enwave Energy.
IFM opened an office in Toronto in late 2025, which it said reinforced its long-term commitment to Canada and its more than 200 Canadian institutional clients.
Kyle Mangini, global head of infrastructure at IFM Investors, said: “With the right policy settings in place, IFM intends to invest up to C$10bn in Canada over the next decade, supported by our expanded presence with the opening of our new Toronto office.
“Canada is an attractive investment destination for IFM. We look forward to identifying new opportunities for future infrastructure investment,” he said.
“We are proud to invest alongside Canadian pension funds – including infrastructure assets across Australia and Canada. Through our investments, we invest, protect and grow the long-term retirement savings of working people globally.”
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