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Canada Pension Plan Investment Board Act

Version of section 5 from 2017-03-03 to 2024-11-26:


Marginal note:Objects

 The objects of the Board are

  • (a) to assist the Canada Pension Plan in meeting its obligations to contributors and beneficiaries under the Canada Pension Plan;

  • (b) to manage any amounts transferred to it under sections 108.1 and 108.3 of the Canada Pension Plan, and its right, title or interest in any designated securities, in the best interests of the contributors and beneficiaries under that Act; and

  • (c) to invest its assets with a view to achieving a maximum rate of return, without undue risk of loss, having regard to the factors that may affect the funding of the Canada Pension Plan and the ability of the Canada Pension Plan to meet its financial obligations on any given business day.

  • 1997, c. 40, s. 5
  • 2003, c. 5, s. 13
  • 2016, c. 14, s. 57

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