Canada Post Corp. Registered Pension Plan
The Canada Post Corporation Registered Pension Plan is a single-employer corporate pension fund based in Ottawa, Ontario, Canada. Established in 2000, it manages both defined benefit (DB) and defined contribution (DC) pension plans for eligible employees of Canada Post Corporation. The plan is one of Canada's largest employer-sponsored pension plans, serving thousands of current and former Canada Post employees. Oversight is provided by executive and fiduciary committees and the plan's assets are managed in compliance with federal pension legislation and investment best practices to meet long-term retirement obligations. The plan has an estimated total employee base funded by the plan of over 60,000 participants, though direct pension staff is much smaller.
Investment Strategy
The investment strategy of the Canada Post Corporation Registered Pension Plan emphasizes a diversified asset allocation across public and private asset classes to reduce risk and enhance long-term returns. Core holdings include Canadian and international equities, nominal and real return bonds, real estate, infrastructure, private equity, and private debt. The portfolio is designed to match liabilities with a significant allocation to bonds, while also seeking growth through alternative assets such as private equity and infrastructure. Investment decisions balance risk/return objectives and the long-term security of plan members’ benefits, following a rigorous governance structure and periodic reviews of asset allocation and performance.
Top Holdings
Equity Positions (485)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TRUST | 15.61% | $265.7M | 430,106 | $617.85 | $617.85 | +$265.7M |
M MSFT | MICROSOFT CORP | 7.28% | $123.9M | 249,104 | $497.41 | $497.41 | +$123.9M |
N NVDA | NVIDIA CORPORATION COMMO | 4.14% | $70.5M | 446,210 | $157.99 | $157.99 | +$70.5M |
A AAPL | APPLE INC | 3.21% | $54.6M | 266,323 | $222.13 | $205.17 | -$25.6M |
V V | VISA INC COMMON CL A | 2.29% | $38.9M | 109,642 | $355.05 | $355.05 | +$38.9M |