Therefore,
Csn fund investing $ 5.7m new: Furthermore,
Csn fund investing $ 5.7m:
The CSN investment fund has just bought $ 5.7 million in dollarama shares, a company yet criticized for its working conditions.
• Read also: Dollarama from 30% to 50% cheaper than Walmart. Meanwhile. For example, Amazon
• Read also: Dolrama’s equity value increases by 10%
“The fundraising decision may surprise insofar as Dollarama has anti -union practices such as recourse to investment agencies,” says Colin Pratte, researcher at the Institute for Research and Socioeconomic Information (IRIS).
Colin Pratte, researcher at the Institute for Research csn fund investing $ 5.7m and Socioeconomic Information. However, Photo provided csn fund investing $ 5.7m new by Iris
In 2020. Meanwhile. dollarama workers held two demonstrations in Montreal to denounce their working conditions and the strong presence of investment agencies in the Quebec retailer warehouses.
Then. Consequently. in 2023, a university study, in which the Immigrant Workers Center participated, argued that Dollarama helped maintain vulnerable people in precariousness.
Place de la Cité dollarama in Quebec. Photo d’archives. Elisa Cloutier
This study also condemned the working conditions of Amazon employees, which the CSN tried csn fund investing $ 5.7m to unionize until the American giant decided to leave Quebec in January.
Manism of leaders
The CEO of Fondaction. Geneviève Morin. and the president of the CSN, Caroline Senneville, csn fund investing $ 5.7m new both refused to answer questions Journal About investment in Dollarama.
Geneviève Morin, CEO of Fondaction. Photo taken from the Fondaction website
The investment in Dollarama is part. of a portfolio “which is managed by an external manager”. indicates a spokesperson for fundamental, Leslie Molko, in an email sent to the Journal.
“The manager selects companies. in a restricted public Quebec business pool, which qualify csn fund investing $ 5.7m in a certain number of criteria,” she adds.
Mme Molko assures that placement in Dollarama respects the sustainability policy for fundamental investments.
It also wishes to specify that “the activities of the CSN. the fundaction are independent, well [qu’ils partagent] Obviously a lot of common values ”.
Note however csn fund investing $ 5.7m new that Mme Senneville chairs the board of directors of fundamental. that five of the members of the latter represent the CSN.
Caroline Senneville. Photo d’archives, Stevens LeBlanc
Press?
“Perhaps the presence of a workers’ fund in the dolrama shareholder assembly will help modify the practices of the company. csn fund investing $ 5.7m ” said Mr. Pratte.
Certainly, investment in Dollarama has been paid for fundaction so far. Since the beginning of 2025, the action of the Montreal company has jumped 40% on the Toronto Stock Exchange.
This year, Fondaction also placed $ 11.7 million on the National Bank, $ 4.3 million on the Australian mining champion Iron and $ 4.1 million on the IA insurer.
Csn fund investing $ 5.7m new
Csn csn fund investing $ 5.7m new fund investing $ 5.7m
Average time wages at Dolrama
Stores: $ 17.61
Warehouses: $ 26.17
Number of workers at Dolrama
Stores: 27. 500
Headquarters, warehouses and operations management: 955
Placement agencies (warehouses): up to 1450 (during peak periods)
Source: Dollarama
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