News of the day: CPPIB posts record net income, Churchill Falls deal, mortgage refinancings, satellite data defence contract, private credit woes and more
Canada’s largest pension fund reports strongest quarterly net income on record
The Canadian Pension Plan Investment Board reported its largest-ever quarterly net income on Friday as the pension fund manager posted gains through a broad range of investments.
Two prominent critics of the rejected 2024 Churchill Falls power agreement between Newfoundland and Labrador and Quebec say Newfoundlanders should not judge any revised deal by the headline numbers, but by focusing on the details that will determine how much value the province ultimately captures from its hydro resources.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on financialpost.com — the content belongs to Financial Post.
