Stronger together: Investing in Canada’s future

In a world defined by constant change — from economic shifts to rapid technological advances — Canada stands out as a stable foundation for long-term growth. Its strong institutions, transparent markets, and resilient economy distinguish it in an increasingly complex global landscape. For CPP Investments, this reinforces the value of our Canadian origins. Canada is home, a market we know intimately and have supported for more than 25 years. As of March 31, 2025, we have $114 billion invested in Canada — few institutional investors have committed more. “We continue to see Canada as one of the best places in the world to put capital to work. Our country offers what long-term investors value most: stability, transparency, and opportunity,” says our President and CEO John Graham. Our strategic commitment to Canada While our portfolio spans the globe, we continue to find compelling, long-term opportunities in Canada — investing more in Canada than its share of the world economy would suggest. This reflects our deep roots within the country, as well as its regulatory strength, innovation-driven economy, and institutional stability, all of which support confident, long-term investing. As a result, Canada remains home to a significant share of the CPP Fund. All our global investments, including those in Canada, are reinvested into the CPP Fund to help provide Canadians financial security in retirement. Our domestic portfolio spans a broad range of industries that are vital to the country’s future — including energy and resources, telecommunications, technology, and professional services. While our core objective is to manage the CPP Fund in the best interests of contributors and beneficiaries, these investments also strengthen the Canadian economy. By supporting the development of key sectors, we’re contributing to long-term economic resilience and growth across the country. This approach extends to critical infrastructure, where we are building and maintaining exposure to assets that support Canada’s evolving economy. That includes major projects like the 407 Express Toll Route (ETR), as well as new opportunities aligned with the country’s economic transformation — from clean energy and advanced manufacturing to digital infrastructure. A Canadian organization with global reach CPP Investments operates around the world, with holdings in more than 50 countries across private equity, real assets, credit, and public markets. This global reach strengthens our ability to uncover new opportunities, form strategic partnerships, and apply international insights here at home. We use this experience to identify and accelerate opportunities in Canada — connecting local innovation with global potential. One example is our continued investment in Radical Ventures, a Toronto-based venture capital firm focused on artificial intelligence. With US$280 million committed across multiple fundraising rounds, we’re helping Canadian innovators lead in one of the world’s most transformative sectors. Beyond investing, we actively contribute to the strength of Canada’s financial ecosystem. Our leaders speak regularly at Canadian universities and colleges, sharing knowledge with students and future professionals. We participate in Canadian industry associations and global forums such as the International Centre for Pension Management (ICPM), where we exchange best practices and learn from our peers. We also engage directly with Canadians to support financial literacy and build public understanding of long-term investing. Canada is not only our home — it’s a defining part of who we are. While global diversification is essential to the long-term success of the CPP Fund, our commitment to Canada remains strong and unwavering. That long-term success is made possible by the strength of our governance model — one that reflects the very principles Canadians value: independence, transparency, and accountability. The strength behind the strategy CPP Investments is a leading example of the Canadian pension approach — a globally respected framework that combines scale, independence, and long-term vision. Guided by this approach, we operate with a singular public purpose: to manage the Fund in the best interests of contributors and beneficiaries, free from political direction and with a clear focus on sustained performance. This model has delivered consistent, long-term growth. The CPP Fund has expanded in 25 of the past 26 years, guided by a disciplined strategy, prudent governance, and global diversification. Today, we manage more than $714 billion on behalf of more than 22 million Canadians — helping to ensure the CPP Fund’s sustainability for generations to come. The CPP, and the creation of CPP Investments to manage its assets, stands among Canada’s most enduring public policy achievements. In 2024, nearly six million people received CPP benefits — a clear reminder of our vital role and responsibility to Canadians. This work matters. Beyond delivering strong returns, our performance contributes to Canada’s economic resilience. As one of the country’s largest institutional investors, we support leading companies, invest in critical infrastructure, and create opportunities for people to grow their careers in a purpose-driven, globally connected organization. At CPP Investments, we invest today to help build a stronger tomorrow — for every generation of Canadians. The enduring strength of the CPP Fund for Canadians Canadians have navigated significant challenges in recent years. From adapting to a global pandemic to managing inflation and economic shifts, it’s natural to have concerns about the future. Learn more