Managed by
CGF Investment Management,
a subsidiary of PSP Investments
About CGF
To keep Canada competitive on the global stage and to ensure it continues to be a leading destination for investment, Canada Growth Fund (CGF) was established to drive innovation across new and traditional sectors of Canada’s industrial base. Its investment mandate is focused on accelerating efficient emission reduction projects, helping Canadian clean technology companies scale up successfully, and capitalizing on Canada’s abundant natural resources and strengthening low-carbon supply chains.
Investing with discipline
By investing in and supporting the development of domestic expertise, intellectual property, knowledge, and technologies aligned with the CGF Mandate, CGF seeks to help Canadian businesses compete and win as global leaders. CGF achieves this through rigorous and proven investment discipline, fiscal prudence, effective governance, and an arm’s length operational model. CGF expects to deliver against its Strategic Objectives while preserving its capital and recycling its capital base over the long term.
Support innovation and financially prudent economic development
CGF has the mandate to build a portfolio of investments that unlocks private sector investment in Canadian businesses and projects to help grow Canada’s economy at speed and scale on the path to emissions reductions. Its investment mandate is focused on accelerating efficient emission reduction projects, helping Canadian clean technology companies scale up successfully, and capitalizing on Canada’s abundant natural resources and strengthening low-carbon supply chains. CGF is intended to help Canada meet the following national economic and environmental goals:
Our strategic objectives
Accelerate the deployment of key technologies, such as low-carbon hydrogen and carbon capture and sequestration (CCS), among others.
Reduce emissions while promoting economic growth and Canadian competitiveness.
Scale up companies that will create jobs and drive productivity and growth across new and traditional sectors of Canada’s industrial base.
Encourage the retention of intellectual property in Canada.
Capitalize on Canada’s abundance of natural resources and strengthen critical supply chains to secure Canada’s future economic and environmental well-being.
Built on a solid foundation, CGF is managed by Canada Growth Fund Investment Management (CGFIM), a subsidiary of PSP Investments
GovernanceGovernance
CGFIM is led by a team of experienced investment professionals
Canada Growth Fund Investment Management (CGFIM), a wholly-owned subsidiary of PSP Investments, acts as the exclusive, arm’s length and independent investment manager of CGF. By partnering with PSP Investments, CGF benefits from PSP Investments’ deep investment expertise and track record across a broad range of sectors and strategies, a mature and scalable operational ecosystem and a governance framework that is independent and at arm’s length from the Government of Canada, allowing CGF to rapidly and successfully deliver its mandate.