CPP up $5bn in fiscal Q1
CANADA - The Canada Pension Plan (CPP) ended the first quarter of fiscal 2012 with net assets of C$153.2bn (US$154bn), an increase of C$5bn from the previous quarter.
The increase in net assets this quarter resulted from C$1.3bn of investment income, generated primarily from private assets in the portfolio, and C$3.8bn in excess CPP contributions, the plan said. The...
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