Quebec pension fund posts negative return, writes off crypto venture

Quebec's pension fund, the Caisse de depot et placement du Quebec (CDPQ), posted a damaging return of 5.6 per cent in 2022, a yr marked by a simultaneous decline within the inventory and bond markets. The web belongings of Quebecers' financial savings decreased by $18 billion to $402 billion as of Dec. 31, 2022, in response to its outcomes unveiled Thursday.