CPP attributes growth to strong equity markets
CANADA - The Canada Pension Plan (CPP) fund grew to C$98bn in the year ending 31 March 2006, with 85% of the fund's gains attributed to exceptional equity market performance over the period.
Canadian equity holdings generated an overall rate of return of 29.9%, generated by the energy and financial services sectors in particular. The fund’s growth was an increase of $16.7bn from $81.3bn the...
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