Canada is world-renowned for the quality of its public pensions. The country’s largest public pension funds, known as the Maple 8, collectively manage $2 trillion in Canadian retirement savings and are known to be among the best-performing pensions in the world, providing certainty and security to all Canadians in all regions as they plan their futures. This built-in-Canada investment ecosystem ensures that a greater share of returns is distributed to Canadian retirees everywhere from communities in British Columbia to small towns in The Maritimes.
Case Study | Pension Funds
Creating a reliable future for Canadian retirees through Maple 8 pensions
Supporting the growth of Canada’s most successful pension funds and helping enable their long-term success
Opportunity
Solution
How we worked together
McKinsey has worked to support Canada’s pension leaders for more than 30 years, helping local experts with global knowledge bring the best information to Canadians and create a more reliable future. Across our support for Pension Funds, McKinsey has:
- Conducted global analysis to identify high-potential investment opportunities that would enable greater returns for Canadian pension plan holders
- Helped Pension Funds adopt new technology and process trends to make better investment decisions
- Helped Pension Funds manage talent, including supporting the development of diversity, equity, and inclusion strategies. Three-quarters of Maple 8 pensions have women in about 40 percent or more of their executive roles
- Supported the development of risk-management frameworks, processes, and systems to protect Canadians’ retirement savings
McKinsey’s role is to advise us on the investments we make around the world. If we invest in a company, we want to negotiate the best price possible for Canadians. McKinsey helps us obtain the best information possible to determine how to take advantage of investment opportunities.
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