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Originally Posted by The Fisher Account
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The CPP professionals lose money/value as well. That is part of investing. The CPP just lost $23B in the last quarter. Do you trust those professionals?
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The board says the $16 billion decrease in net assets for the quarter consisted of a net loss of $23 billion and $7 billion in net transfers from the Canada Pension Plan.,The board says the fund's quarterly results were driven by losses in public equity strategies, due to the broad decline in global equity markets.
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https://www.cbc.ca/news/business/cpp...ults-1.6548136