The Globe and Mail reports in its Tuesday edition that a probe by Swedish police into suspected bribery at Bombardier's rail division related to a contract in Azerbaijan has laid bare a curious fact: The company's biggest investor does not share its appetite for doing business in that part of the world. The Globe's Nicolas Van Praet writes that pension fund Caisse de depot et placement du Quebec will not do any deals in the region comprising Russia or any of the former Soviet states. "Russia is a country where we're not going nowhere near right now," Caisse chief executive officer Michael Sabia said last month. The area suffers widespread corruption, lack of transparency, and inconsistent application of laws and regulations. Another factor is the Kremlin's say in any investment in what it deems "strategic sectors" of the Russian economy. The Caisse may be pressing behind the scenes to make sure senior Bombardier leadership knows what it is doing. "At the Caisse, they're probably irritated," said Karl Moore at McGill University. "But they knew [Bombardier] was doing business there." The Caisse owns a 30-per-cent share of Bombardier's rail business, known as Bombardier Transportation, which it bought in 2015.