MCK turns to the renewable energy market for stable long-term returns for KSWF

By Lucas-Matthew Marsh, Local Journalism Initiative Reporter, Iori:wase It looks like the Mohawk Council of Kahnawake (MCK) is becoming a major player in Quebec’s renewable energy sector, following the first positive performance of the Kahnawake Sovereign Wealth Fund (KSWF) this past fiscal year. KSWF, a community-owned fund managed by MCK, invests in a diversified portfolio that includes public markets and direct business ventures, with a particular focus on renewable energy projects. According to MCK Chief Paul Rice, who is the lead portfolio chief on the fund, the motivation to invest primarily in the renewable energy sector was driven by both current market trends and Kahnawake’s own community values. “We value the land,” Rice said. “We want to invest in things, we want to invest into projects that are looking more…

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