Cash outflow dims growth at CPP

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CANADA - The Canada Pension Plan (CPP) reported a growth in assets of C$100m (US$94.7m) for the last three months of 2009 as cash outflow to pay benefits offset strong investment returns.

Net assets increased to C$123.9bn over the quarter, up from C$123.8bn in the previous year. The global stock market rally added C$2.2bn to the plan's investment income during the quarter. But th...

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