CPP Investments

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The Canada Pension Plan Investment Board (CPPIB; French: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (French: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP). CPP Investments is one of the world's largest investors in private equity, having invested over US$28.1 billion between 2010 and 2014 alone. Despite being a Crown corporation, CPPIB is not considered a sovereign wealth fund because it operates at arm's length from the Government of Canada and solely manages CPP contributions paid by workers and employers, not public funds. As of June 30, 2026, CPP Investments had net assets of CA$863.6 billion, up from CA$714.4 billion at the end of fiscal 2025. It reported C$56.9 billion in net income, a 7.8 percent net return for fiscal 2026, and an 8.8 percent annualized net return over the preceding 10 years. CPP Investments is one of Canada's top eight pension funds, nicknamed the "Maple 8" or "Maple Revolutionaries."