Historical data

The Caisse in Numbers Since its Establishment in 1965

The Caisse manages its depositors’ funds using a long-term approach. The following historical data show the returns earned by the Caisse de dépôt et placement du Québec, changes in its assets, and the gradual diversification of its investments over time.

Annualized Return and Assets Since 1965

• An annualized return of 8.4%.
• Rapid increase in total assets under management
  • In 1966: $179 million
  • In 1970: $1,321 million
  • In 1999: $106,003 million
  • In 2011: $204,178 million

The Caisse's Overall Return – 1966-2011

(for periods ended December 31)

Gradual Diversification of Overall Portfolio

In addition to seeing a rapid increase in depositors’ net assets, the history of the Caisse has been marked by the gradual diversification of its overall portfolio in terms of investment type, geographic area, and industrial sector. These changes reflect the Caisse’s objective of generating returns that meet depositors’ expectations while limiting overall portfolio risk.

1960s and 1970s

The Caisse’s portfolio was composed primarily of fixed income securities, such as Québec government bonds.

1980s and 1990s

The Caisse increased and diversified its stocks portfolio, first in Canada and then abroad. During this period, the Caisse also developed its real estate and private equity portfolios.

Today

The Caisse invests in private equity, real estate, fixed income securities and stocks.

Progressing since 1965

In 1965, Premier Jean Lesage stated that the Caisse’s assets should rise to $2.6 billion in 1976 and be over $4 billion by 1986. Assets have in fact grown much more rapidly, to $28 billion in 1986... 7 times higher than expected.