2025 Annual Report

Year in Review
Managed by CPP Investments, the CPP Fund is designed to deliver long-term results and weather short-term volatility. Canadians can count on a solid retirement foundation – today and for generations to come.

Built for times like these
CPP Investments has worked for Canadians through multiple economic cycles for a quarter century, and remains steadfast in its commitment to contributing to the financial security in retirement for 22 million Canadian contributors and beneficiaries.

Financial Sustainability of the Fund
The most recent triennial report by the Office of the Chief Actuary confirmed that the CPP is financially sustainable for at least 75 years.
Projected Assets
Actual Assets
$ Billions, as at Dec 31
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Projections of the Fund, being the combined assets of the base and additional CPP accounts, are based on the nominal projections from the 31st Actuarial Report on the Canada Pension Plan as at December 31, 2021.
1 Actual Assets are as at March 31, 2025.
