CPP Adds $6B in New Fossil Investment, Holds 47% of Portfoli

[Oscar]

Canada Pension Plan Adds $6B in New Fossil Investment, Holds 47% of Portfolio in U.S.

February 16, 2026 - The Energy Mix

EXCERPT: "The pension plan that manages retirement savings for more than 22 million Canadians is under fire for an estimated $6 billion in new fossil fuel investments in 2025, even as it faces scrutiny for holding 47% of its $780.7-billion portfolio in the United States, compared to just 13% in Canada.

At $366 billion, compared to $98 billion in Canada, the Canada Pension Plan Investment Board (CPPIB) has by far the largest U.S. holdings among the country’s eight biggest pension funds, the so-called Maple Eight, a CBC analysis shows. Only the Ontario Municipal Employees Retirement System (OMERS) has higher U.S. exposure by percentage, at 55%. . . .

Last October, four youth from across Canada launched a lawsuit [ https://www.theenergymix.com/breaking-4 ... mate-risk/ ] against CPPIB, claiming that the fund is failing to protect their pensions from climate risk. “If financial actors carry on with business as usual, the 3°C hothouse world of tomorrow will be bleak, and if you’re planning to retire after 2050 in that world, your pension might not be safe,” said applicant Aliya Hiri. . . . . "

[ https://www.theenergymix.com/canada-pen ... -451866381 ]