CPP Investments and Brookfield launch $50B fund to invest in big Canadian projects
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
TORONTO – Canada Pension Plan Investment Board and Brookfield Asset Management Ltd. have announced a new $50-billion fund aimed at backing critical infrastructure and strategic industry projects across Canada.
The so-called Maple Fund will see the two organizations invest on a 50-50 basis, with each committing up to $25 billion in equity over an initial five-year period.
The fund is one of the marquee announcements to emerge at a new investment summit in Toronto hosted by Prime Minister Mark Carney in partnership with CPP Investments and PSP Investments, two of Canada’s largest pension investors.
CPP Investments chief executive John Graham said Canada is entering a period of new ambition to advance major projects and build for the future, creating compelling investment opportunities across the country.
“CPP Investments has the capital, long-term investment horizon and expertise to pursue these opportunities,” he said in a statement. “The Maple Fund brings together our strengths with Brookfield’s strong origination and development capabilities to help move ambitious projects from opportunity to investment.”
Graham added: “The Maple Fund positions us well to meet this moment and move with speed on opportunities of unusual scale and complexity when they offer compelling value for the CPP Fund.”
Connor Teskey, CEO of Brookfield Asset Management, said the fund brings together two companies with a shared commitment to investing in the country’s future.
The Maple Fund “can help drive a generational investment program to invest in critical infrastructure, industries and businesses that will support the growth of globally competitive Canadian businesses,” he said.
The inaugural Canada Investment Summit is a two-day gathering of global investors, Canadian business leaders and governments that seeks to help attract $1 trillion in new investment to Canada over the next five years.
The country’s big banks have also announced plans for billions in financing to support Canadian companies and projects in recent days.
This report by The Canadian Press was first published Sept. 15, 2026.
Companies in this story: (TSX:BAM, TSX:BN)
Related Articles
Carney wants private investors to run Canada's four largest airports
Advertisement Advertise With Us
Advertisement Advertise With Us