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 3
AAA
Highest credit ratings from DBRS, Fitch, Moody’s and
Our net assets
See our portfolioCAD 434.2 B
Results as at December 31, 2023
Total portfolio returns
Ten years
7.4%
CDPQ annualized return
6.5%
Benchmark portfolio
$28.4
Value added
Five Years
6.4%
CDPQ annualized return
5.9%
Benchmark portfolio
$11.7
Value added
One year
7.2%
CDPQ return
7.3%
Benchmark portfolio
-$0.9
Value added
“The year 2023 was marked by highly volatile bond markets and a historic concentration of gains from a handful of U.S. tech stocks that drove the main stock indexes. Faced with this context, our portfolio performed well, and our depositors’ plans continue to be in excellent financial health.”
Charles Emond, President and Chief Executive Officer
Results by asset class
Performance since inception
1965-2023
Annualized return
8.2%
A major impact in Québec
See our impact$88
CDPQ’s total assets in Québec as at December
$100
Our ambition for
$4.7
New investments and commitments in
