British Columbia Investment Management Corporation

Acronym: BCI

General Information

Identification Code: 086496150771-49

Website: www.bci.ca

Entity Form: Provincial statutory corporation

Registration Category: Companies & groups

Registration Date: 7/18/2023

Last Update: 2/2/2024

Mission & Interests

Goals: BCI provides investment management services for British Columbia’s public sector and is one of the largest asset managers in Canada. As of March 31, 2023, BCI has C$233.0 billion of gross assets under management. BCI seeks global investment opportunities across a range of asset classes. Our investment returns help our institutional clients build a financially secure future for their beneficiaries. BCI is headquartered in Victoria, BC, with offices in New York, Vancouver, and London. BCI is a significant investor in Europe and the UK, with investments in private equity, infrastructure, public equities, real estate (debt & equity), & various investment funds. Pursuant to its governing statute, BCI operates at arm’s length from the BC government. The majority of BCI’s board is appointed by pension plan clients and BCI’s board is prohibited from involvement in investment decisions. BCI’s CIO supervises day-to-day management and is responsible for investment and operational decisions.

Interests Represented: Promotes their own interests or the collective interests of their members

Interests:

Banking and financial services
Climate action
Competition
Culture and media
Digital economy and society
Economy, finance and the euro
Employment and social affairs
Energy
Environment
External relations
Foreign affairs and security policy
Taxation
Trade

Levels of Interest:

global

Activities

Main EU Legislative Proposals: We follow several legislative issues including: EU Merger, EU FDI screening, EU foreign subsidies, EU response to IRA, taxation, corporate governance, financial markets regulation, competition, sustainable finance/Green Deal, and energy security/energy transition.

Communication Activities: Submission dated 6 March 2023 concerning the draft Implementing Regulation on procedural aspects of the Regulation on foreign subsidies distorting the Internal Market

Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: 750 Pandora Avenue

Post Code: V8W 0E4

City: Victoria, British Columbia

Country: CANADA

Phone:

Indic Phone: 1

Phone Number: 7784107100

EU Office

Address: 750 Pandora Avenue

Post Code: V8W 0E4

City: Victoria, British Columbia

Country: CANADA

Phone:

Indic Phone: 1

Phone Number: 7784107100

Financial Data

Closed Year:

Start Date:

End Date:

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Contributions:

Total Budget: 0

Grants:

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Grants:

Complementary Information: None.

Membership Information

Members10 Percent: 4

Members: 4

Members F T E: 0.4000000059604645

Info Members: BCI has government relations, legal and tax personnel working on EU-specific transactions and supporting monitoring and advocacy concerning ongoing regulatory change. While BCI has 4 people engaged in activities falling under the register, all spend significantly below 10 percent of their working time on such activities. The FTE should therefore be less than 0.4. However, 10 percent is the minimum that can be chosen for each person involved from the organisation expressed in percentage of working time.