Quebec Generations Fund

Overview

Pour obtenir plus d’information sur les champs d’action du ministère des Finances, veuillez consulter la page Mission et mandats sectoriels .¹

Quebec Generations Fund's investment capital supports sovereign or public-sector financial objectives.²

Estimated AUM: $12.2B as of Mar 31, 2026²
Capital pool: Dedicated debt-reduction fund (state-owned); revenues from hydroelectric royalties, mining revenues, and other dedicated levies are deposited into the fund and invested; assets are managed by the Caisse de dépôt et placement du Québec (CDPQ) on behalf of the Quebec government.²
Investment model: PSP Investments is one of Canada's largest pension investment managers, with CAD $264.9 billion of net assets under management in fiscal year 2024.²
Investment approach: The Act to reduce the debt and establish the Generations Fund aims to reduce the debt burden, that is debt as a proportion of the economy, and to ensure long-term financing of the government’s main missions as well as a prosperous tomorrow for future generations.²
Spending support: Not listed yet
Spending policy: Not listed yet
Asset allocation: Public evidence references these asset classes or allocation areas: private equity, real estate, infrastructure.³
Performance: Not listed yet
Governance: [ 3 ] [ 7 ] Sums allocated to the Generations Fund are managed by the Caisse de dépôt et placement du Québec in accordance with an investment policy determined by the Minister of Finance in collaboration with the Caisse.⁴
Investment team: Not listed yet²
Unfunded commitments: Not listed yet
Source freshness: Last verified Jul 21, 2026 · Needs review

Last verified Jul 21, 2026 from public career and organization materials.

Website (quebec.ca)Parent organization overview · checked Jul 25, 2026
Website (quebec.ca)Pool purpose, Capital pool, Estimated AUM, Investment model, Investment approach, Investment team · checked Jul 25, 2026
Website (en.wikipedia.org)Asset allocation, Investment office page · checked Jul 25, 2026
Website (en.wikipedia.org)Governance · checked Jul 25, 2026