CPP enjoys strongest growth rate
Premier says the province is the biggest net contributor to the plan
Employee and employer CPP contribution rates also changed
Fund returned 1.1% after costs during the quarter
The company founded by Elon Musk is the first investment for the teachers’ late-stage venture capital and equity growth platform
Report finds active strategy has come out ahead
The shares represent approximately a 7.1% stake
Increases will be phased in over seven years
The recent results give the CPP Fund a real rate of return of 10.4% over five years and 6.4% over 10 years
The main driver of growth was last year’s stock markets surge