Projections by the Chief Actuary of Canada indicate that CPP contributions will exceed annual benefits paid until the end of 2020. This excess of contributions over benefits means a reliable and steady stream of capital over the coming years.

This certainty of assets affords us the ability to be flexible, patient investors who can capitalize on opportunities in volatile markets when others face liquidity pressures. It also means we can build and adjust our portfolio with discipline, in accordance with our investment strategy.