Canadian pension fund CDPQ posts drop in net assets in 2022

Canadian pension fund CDPQ posts drop in net assets in 2022

Photo: Tom Carnegie / Unsplash

Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) on Thursday reported investment losses and a drop in net assets for 2022 as aggressive rate hikes led to turbulence across global markets.