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OTTAWA — With the approach of the G7 summit in Quebec next week, Canada’s biggest pension plans are preparing to announce investments in a new sustainability fund.

The initiative, focused on institutional investors in G7 countries, will focus on three themes over three years, a source familiar with the discussions told the National Post — the first on gender diversity in global capital markets, another on strengthening expertise in sustainable infrastructure and a third on financial disclosures to create sustainable change.

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The Canada Pension Plan, OMERS, the Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan are each expected to pitch in $1 million apiece, with another $5 million from the federal government, the source said.

The initiative is one of a multitude of programs for which Canada is trying to secure buy-in from its G7 partners — the United States, the United Kingdom, Germany, France, Italy and Japan.