CDPQ has posted a 9.4 percent return in 2024, with net assets increasing nearly C$40 billion ($28 billion) to C$473 billion ($327 billion), according to financial results for the year ending Dec. 31, 2024.
CDPQ confirmed its infrastructure portfolio continued to deliver solid results in 2024, with a 9.5 percent return driven by the strong performance of port and energy assets, as well as high current yield.
With a return of 15 percent, the stock market index was driven by the public stocks included in it, particularly in the energy and electricity sectors, with the latter rising strongly during the year, stimulated by the needs related to the outlook in artificial intelligence. In a competitive market, CDPQ said the teams executed transactions in a disciplined manner during the year, including significant sales in the airport sector in Europe and additional investments in high-performing companies.
Throughout five years, the annualized return was 10 percent agai
