Archive · 8 Aug 2026

Canada's PSP mulls $1.5 billion sale of roads in India

Canada's PSP mulls $1.5 billion sale of roads in India

Imagine a giant piggy bank that saves money to help retired workers.

In Canada, a big piggy bank called PSP Investments owns roads in India.

Roads can make money because people pay tolls to drive on them.

Now, the piggy bank is thinking about selling those Indian roads to someone else.

They might get about $1.5 billion for them, which is a huge amount of money.

The piggy bank also owns roads in other countries like Brazil, Mexico, Spain, and the United States.

The roads in India helped the company grow a lot last year.

Some other companies are interested in buying the roads.

But nothing is decided yet because it is still early in the process.

So for now, the roads stay with PSP Investments.

Sources