CPP INVESTMENTS REPORTS NET RETURN OF 0.5 PER CENT IN VOLATILE Q3

TORONTO — CPP Investments says it had a net return of 0.5 per cent in its third quarter, well below its longer-term track record.

The independent investment manager for the Canada Pension Plan says it ended the third quarter with $780.7 billion in net assets, up from $777.5 billion in the previous quarter.

John Graham, chief executive of CPP Investments, says the fund experienced a volatile quarter amid slowing growth and escalating geopolitical tensions.

He says the fund remains resilient and that it has stayed focused on the long term.

The fund had a seven per cent net return over the first three quarters of the year, while its 10-year annualized net return stands at 8.4 per cent.

The $3.2 billion increase in net assets in the quarter came after $4 billion in net income and $800 million in net outflows to the CPP.

This report by The Canadian Press was first published Feb. 13, 2026.

The Canadian Press

2026-02-13T15:58:41Z