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About us

For our clients and communities. For generations to come.

Our story

The story of Addenda Capital is rooted in Co-operators, which became Canada’s first cooperative multiline insurance provider in 1945 and later expanded into investment through Co-operators Investment Counsel Limited in 1985. 

Addenda was founded in 1996 by Carmand Normand, whose leadership quickly positioned the firm as a reference in Canadian bond market analysis. In 2008, Co-operators acquired Addenda, uniting two experienced investment teams and strengthening the firm’s national presence. 

Guided by values of sustainability and community wellbeing, Addenda broadened its vision of investing. In 2012, the firm created a dedicated sustainable investing team, recognizing that its role extended beyond returns to shaping a more resilient future. This commitment helped establish Addenda as one of Canada’s leading voices in sustainable finance.

Our mission

Sustainable wealth creation, in close partnership with our clients for a better future.

We’re Addenda Capital. Canada’s leader in building custom investment solutions that help build and sustain communities. We aim to generate performance through innovative thinking, deep market knowledge and highly specialized in-house economic expertise. And we do it all with some of the brightest minds in the business.

Our vision

Surpassing client expectations by delivering sustainable, leading edge investment solutions.

Our vision is simple: Good business is just good business. Rooted in communities and built by some of the brightest minds in the industry, our investment portfolios are customized to every client and seek to nurture communities and provide returns today and tomorrow. That’s both our vision and our edge.