Debt issuance

Our strong historical performance and rapid growth led to the establishment of a funding platform to leverage the strength of our balance sheet. In 2005, we began issuing debt through PSP Capital, a wholly-owned and fully guaranteed subsidiary. A robust governance framework combined with a conservative approach to borrowing allowed us to attract both domestic and international investors.

• Strong balance sheet
• Federal sponsorship
• AAA credit
• Exposure to Canada through a non-agent entity
• An attractive alternative to federal government and agency products  

• We are a crown entity, 100% owned by the Government of Canada

• We are an asset manager with an exclusive mandate

• The Government of Canada has the obligation to fund the pension plans in case of actuarial shortfall

• Debt issuance ranks senior to pension plan liabilities

• Operates at arm's length from the Government of Canada

• Insolvency cannot occur without an act of Parliament

After growing our debt program for over a decade, PSP Investments has built strong relationships with hundreds of  investors across the globe by consistently issuing low-risk debt with a competitive return.

The future is promising. We anticipate that assets under management will double by 2030 to over $350B —and we expect the amount of debt we issue to follow the same trend. This will allow us to provide even greater value to a wider breadth of investors with a diversity of needs.