Thursday, February 27, 2020

How the Government Run CPP Has Been Impacted By...Itself

As I was curious what the federally managed CPP was doing in terms of our pensions funds (yes, your and mine), in light of the federal "government" acting the way it has over the last term and almost six months, I found the public holdings of the CPP posted on its web site (as of March 2019).  Of the nearly $420 Billion (December 2019), approximately $4.5 Billion is invested in Canadian-only oil and gas, oil and gas services, pipelines and mining shares.  I am curious as to how that has trended since October, 2015 and will be reviewing that next (I think we all know).  Here they are.  For fun the SNC, Bombardier fiascos are included (Caisse de Depot owns more of the fiasco) and for context, the top publicly traded company is WSP Global, a professional services consulting firm (not included in the $4.5 Billion).

https://cdn3.cppinvestments.com/wp-content/uploads/2019/11/Canadian-Public-Equity-Holdings-Mar2019-EN.htm


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