Maple Eight
{{Short description|Maple-8 is a widely regarded term in Canada to discuss the largest pension funds and their investmen}}
{{More citations needed|date=June 2025}}
The Maple Eight (Maple-8 or Maple 8) refers to the largest eight Canadian pension funds. The investment approach used by the Maple-8 is known globally as the 'Canadian model', in which they utilize a direct investment approach and internally manage their own assets and portfolios. Collectively, the pension funds control approximately $2.2T {{Cite web |date=2025-03-13 |title=Canada's Maple 8 public pension funds share lessons with U.K. counterparts |url=https://www.pionline.com/pension-funds/canadas-maple-8-public-pension-funds-share-lessons-uk-counterparts |access-date=2025-03-13 |website=Pensions & Investments |language=en}} in assets, and are heavily influential in Canadian and global investment markets.
The Maple-8 Members<ref>{{Cite web |last=Campbell |first=Kyle |date=2024-06-30 |title=Deep Dive: Canada's Maple 8 hit an inflection point |url=https://www.perenews.com/canadas-maple-8-hit-an-inflection-point/ |access-date=2025-03-13 |website=PERE |language=en-US}}</ref>
Canadian Allocations
There has been much focus on the Maple-8's allocation to Canadian investments. Although the federal government is not involved in the operation or investment strategies of these funds, they have expressed a desire to allot more capital to Canadian investments, with suggestions of a minimum allocation. Pensions argue that their global investment strategies allow them to stabilize their returns, discovering alpha in other markets and hedge against any volatility in the Canadian market, while bringing international capital into Canada.{{Cite web |last=News |first=Bloomberg |date=2025-03-11 |title='Buy Canada' hits $2.3 trillion money pot as Trump stokes anger |url=https://www.bnnbloomberg.ca/investing/2025/03/11/buy-canada-hits-23-trillion-money-pot-as-trump-stokes-anger/ |access-date=2025-03-19 |website=BNN Bloomberg |language=en}}{{Cite web |date=2024-06-14 |title=Home Bias: Do Canadian Pensions Need to Invest More in Canada? |url=https://www.ai-cio.com/news/home-bias-do-canadian-pensions-need-to-invest-more-in-canada/ |access-date=2025-03-19 |website=Chief Investment Officer |language=en}}
| class="wikitable" style="text-align: center;"
!CAN. Exposure |
| Canada Pension Plan Investment Board
|12% |
| Public Sector Pension Investment Board
|21% |
| Caisse de depot et placement du Quebec
|27% |
| Alberta Investment Management Corp.
|42% |
| British Columbia Investment Management Corp.
|29% |
| Ontario Teachers Pension Plan
|35% |
| Healthcare of Ontario Pension Plan
|55% |
| Ontario Municipal Employees Retirement System
|21% |