Performance: Generating sustainable value
Our approach to investing aims to produce optimal long-term returns for our clients and the millions of people they represent.
We also make a tangible contribution to the growth of Québec’s economy and companies.
1st out of
First in the world, alongside three other international investors, in the Global SWF's 2024 GSR Scoreboard
AAA
Highest credit ratings from DBRS, Fitch, Moody’s and
Our net assets
See our portfolioCAD 473.3 B
Results as at December 31, 2024
Total portfolio returns
Ten years
7.1%
CDPQ annualized return
6.5%
Benchmark portfolio
$17.1
Value added
Five Years
6.2%
CDPQ annualized return
5.9%
Benchmark portfolio
$6.0
Value added
One-year results
9.4%
CDPQ return
11.8%
Benchmark portfolio
-$10.1
Value added
“In 2024, our performance was driven by our equity market, private equity and infrastructure activities, but was affected by persistent headwinds in real estate, particularly in the U.S. office sector.
For one year, the Québec Pension Plan, which represents the pensions of more than six million Quebecers, posted a return of 11.0%.”
Charles Emond, President and Chief Executive Officer
Results by asset class
Performance since inception
1965–2024
Annualized return
8.2%
A major impact in Québec
See our impact$93
CDPQ’s total assets in Québec as at December
$100
Our ambition for
$4.3
New investments and commitments in
