Government announces appointment to Canada Pension Plan Investment Board

News release

November 17, 2022 - Ottawa, Ontario - Department of Finance Canada 

The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, transparent and merit-based selection processes for all Governor-in-Council appointments.

In keeping with this commitment, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today announced the appointment of Judith Athaide as a Director to the Canada Pension Plan Investment Board (CPP Investments) for a three-year term. 

Quotes

“I would like to extend my gratitude to Ms. Athaide for taking on this commitment to Canadians. Through CPP Investments, all Canadians have access to a safe, secure, and dignified retirement. Our social safety net is and will be there for those who need it—including the pensions that Canadians have been contributing to for their entire working lives. The experience and expertise of the board will help it carry out the important work of building a diversified portfolio of assets that helps ensure the long-term sustainability of the Canada Pension Plan.” 

- The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance 

Quick facts

  • The Canada Pension Plan is a social insurance plan that provides a monthly retirement pension to contributors and covers virtually all workers in Canada, except Quebec, which administers its own plan. 

  • CPP Investments is a professional investment management organization that invests the assets of the CPP not currently needed to pay pension, disability, and survivor benefits.

  • Operating at arm’s length from government, CPP Investments is responsible for prudently investing CPP investment funds in a diversified portfolio of assets to serve the best interests of CPP contributors and beneficiaries. 

  • Directors of CPP Investments are selected by the federal government in consultation with participating provincial governments. 

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Contacts

Media may contact:

Adrienne Vaupshas
Press Secretary
Office of the Deputy Prime Minister and Minister of Finance
Adrienne.Vaupshas@fin.gc.ca

Media Relations
Department of Finance Canada
mediare@fin.gc.ca
613-369-4000

General Enquiries

Phone: 1-833-712-2292
TTY: 613-369-3230
E-mail: financepublic-financepublique@fin.gc.ca

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