About Us
Our Mandate
The CPP Investment Board, established in 1997 by an Act of Parliament, manages Canada Pension Plan investments with a focus on maximizing long-term returns without undue risk of loss. We are accountable to Parliament and to federal and provincial ministers, however, we operate independently guided by an independent Board of Directors. Our investment-only mandate helps ensure the Fund’s long-term sustainability and financial security for Canadians.
Our mandate is set out in legislation states that:
- We invest in the best interests of CPP contributors and beneficiaries.
- We have a singular objective: to maximize long-term investment returns without undue risk, considering the factors that may affect the funding of the Canada Pension Plan and its ability to meet its financial obligations.
- We provide cash management services to the Canada Pension Plan so that they can pay benefits.
Our Guiding Principles
Integrity
We’re committed to the highest ethical standards, expected of us by 22 million CPP contributors and beneficiaries. We believe in transparency, keeping promises, and ensuring our actions match our words.
Partnership
We aim for win-win solutions by setting clear expectations, sharing success, owning failures, and treating everyone with respect. We commit to decisions and foster a collaborative, accountable environment.
High Performance
We take calculated risks to maximize returns, knowing not all decisions will succeed. We tackle obstacles, execute plans with conviction, and reward merit. Clear roles and high standards guide everything we do.
Our Story
We have been proudly investing the CPP Fund for 25 years, helping ensure that more than 22 million Canadians have financial security in retirement.
Early beginning
With an initial transfer of $12.1 million from CPP in 1999, we began investing in public stocks, marking a pivotal step to diversifying and growing the Fund for Canadians.
Expanding our Reach
In 2006, the CPP Fund surpassed $100 billion with 100 employees. We began actively managing public stocks and expanded into private equities, infrastructure, and real estate.
Active Management
The shift to active management sparked significant growth, leading to the opening of offices in London and Hong Kong in 2008.
Voting for Change
Believing diversity drives performance, we used our votes in 2017 to influence 45 Canadian firms to appoint women directors. A year later, nearly half added a female director.
Net Zero by 2050
We committed in 2022 to achieving net-zero greenhouse gas emissions across our portfolio and operations by 2050.
Our Leadership
We’ve built a world-class team of investment professionals dedicated to growing the CPP Fund to help support the financial security of generations in retirement.
Learn more
