Canada Pension Posts 1.3% Return, Boosted by Weak Loonie
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Canada Pension Plan Investment Board earned 1.3% in the fiscal year ended March 31 as declines in equity and fixed income markets eroded the benefits of a weaker Canadian dollar and gains in infrastructure.
The fund, Canada’s largest, grew to C$570 billion ($421 billion), from C$539 billion at the end of the previous fiscal year, according to a statement Wednesday.