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Amid 'Buy Canadian' fervour, Canada's top pension funds still heavily invested in U.S.

Canada's top pension funds hold nearly $1 trillion in U.S. assets, with CPP investing 47% of its $780.7 billion portfolio in the U.S. for diversification and stable returns.

Summary
For all the fear over the U.S. trade war and President Donald Trump's threats to Canadian sovereignty, this country's biggest pension funds remain heavily invested in the U.S. The Canada Pension Plan (CPP), the largest pension fund in the country, announced this week that it has grown to a record $780.7 billion in assets, with 47 per cent invested in the U.S., compared to only 13 per cent in Canada. That level of U.S. ownership hasn’t budged in the year since Trump retook office, according to third-quarter results released on Friday.

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CBC News broke the news in Canada on Saturday, February 14, 2026.
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