The Canada Pension Plan is managed by the Canada Pension Plan Investment Board (CPP Investments). This investment management organization operates in the best interest of the 21 million Canadians who contribute CPP payments to its fund. It is run independently at arm’s length from the government.
- Q3 net return of 1.9%; 10-year annualized net return of 10.0%
- As of December 31, 2022 net assets $536 billion
- Increased the fund by $7 billion from previous quarter