Department of Finance Canada published a notice that Finance Minister François-Philippe Champagne has appointed Elio Luongo to the Board of Directors of the Canada Pension Plan Investment Board for a three-year term. The update concerns the governance of CPP Investments, the arm's-length investment manager for Canada Pension Plan assets not currently needed to pay pension, disability, and survivor benefits. CPP Investments is responsible for investing those funds in a diversified portfolio on behalf of Canada Pension Plan contributors and beneficiaries. The release notes that directors of CPP Investments are selected by the federal government in consultation with participating provincial governments.
Department of Finance (Canada) 2026-05-06
Department of Finance Canada announces Elio Luongo appointment to Canada Pension Plan Investment Board for three year term
The Department of Finance Canada announced the appointment of Elio Luongo to the Board of Directors of the Canada Pension Plan Investment Board for a three-year term. The update relates to the governance of CPP Investments, the arm’s-length manager responsible for investing Canada Pension Plan assets in a diversified portfolio, with directors selected by the federal government in consultation with participating provincial governments.