A fund-by-fund breakdown of what was committed at the Toronto summit
Canada's pension funds, insurers and institutional investors committed close to $100bn in new capital to Canadian assets around the first Canada Investment Summit, held in Toronto on September 14 and 15.
CPP Investments and Brookfield Asset Management: $50bn. The Maple Fund is structured on a 50-50 basis, with up to $25bn in equity capital from each organization over an initial five-year period, and will target opportunities with total project values greater than $5bn in equity capital.
Each project will be independently assessed and approved by both organizations, and other investors may partner on individual transactions.
"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," John Graham, chief executive of CPP Investments in Toronto, said in the release reported by Financial Post.
Graham has previously signalled that CPP Investments may pivot to Carney's infrastructure plan.
PSP Investments: an additional $25bn. The fund will raise Canadian investments by 30 to 40 percent, bringing the domestic total to $100bn, the Prime Minister's Office said.
The Globe and Mail reported the increase runs from $72.4bn and that PSP manages $321bn.
"It's not a top-down geographic allocation decision, but rather a reflection of the good investment opportunities that we think will serve our pension mandate well," Deborah K. Orida, president and chief executive of PSP Investments in Montreal, told The Logic.
Ontario Teachers' Pension Plan: $10bn by the end of 2027. The plan announced the commitment on September 11, covering public and private Canadian investments that meet its return objectives.
Canada hosts approximately $100bn of its gross assets, or about 30 percent of a $303bn portfolio.
"We believe Canada has a strong role to play in a global investment portfolio. With about one-third of our portfolio in Canada today, we know first-hand the appeal of Canada as an investment destination," chief executive Jo Taylor said in a statement reported by Yahoo Finance Canada.
Sun Life Financial: $5bn over five years. The insurer directed the capital to critical infrastructure including digital technology, energy and transportation.
Sun Life is also calling for an amendment to the Insurance Companies Act that would permit insurers to make equity investments in infrastructure, Investment Executive reported.
OMERS: at least $10bn over five years. The $152bn plan announced the domestic commitment in April 2026, making it the first major Canadian pension investor to do so, The Globe and Mail reported. It is not counted in the summit total.
TD will provide $150bn over five years across energy, critical minerals and resources, defence and aerospace, digital and AI, and infrastructure.
Scotiabank will provide over $100bn over five years and has launched the Scotia Growth Institute.
BMO will invest and mobilize $70bn over 10 years.
CIBC will provide $2bn to defence-related and dual-use small and medium-sized businesses.
RBC will invest and mobilize nearly $1.5bn through the RBCx Growth Fund for technology companies.
Radical Ventures announced the first close of its Radical Breakouts Fund, backed by PSP Investments, CPP Investments and Healthcare of Ontario Pension Plan, alongside TD Bank Group, BMO Financial Group and CI Global Asset Management.
The Prime Minister's Office valued the fund at $4bn; Financial Post reported over US$1bn raised at first close.
