{"id":716115,"date":"2026-06-05T05:40:12","date_gmt":"2026-06-05T05:40:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/716115\/"},"modified":"2026-06-05T05:40:12","modified_gmt":"2026-06-05T05:40:12","slug":"canada-pension-plan-investment-board-expands-partnership-with-affirm","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/716115\/","title":{"rendered":"Canada Pension Plan Investment Board expands partnership with Affirm"},"content":{"rendered":"<p class=\"c-paragraph\">TORONTO \u2014 The Canada Pension Plan Investment Board has signed a deal to renew and expand its partnership with buy-now-pay-later lender Affirm.<\/p>\n<p class=\"c-paragraph\">Under the two-year agreement, CPP Investments will commit US$1.7 billion to buy Affirm instalment loans.<\/p>\n<p class=\"c-paragraph\">It also has the ability to increase the commitment to US$2.2 billion.<\/p>\n<p class=\"c-paragraph\">CPP Investments has purchased nearly US$14 billion in Affirm assets since 2019 through forward-flow agreements and asset-backed securitizations.<\/p>\n<p class=\"c-paragraph\">Paras Vira, head of Americas structured credit at CPP Investments, says Affirm has consistently produced the kind of credit performance the fund looks for in a long-term partner.<\/p>\n<p class=\"c-paragraph\">CPP Investments invests the money not needed to fund current Canada Pension Plan benefits.<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published June 4, 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"TORONTO \u2014 The Canada Pension Plan Investment Board has signed a deal to renew and expand its partnership&hellip;\n","protected":false},"author":2,"featured_media":716116,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[4498,45,49,48,133,131,132,6578],"class_list":["post-716115","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-banks","tag-business","tag-ca","tag-canada","tag-finance","tag-personal-finance","tag-personalfinance","tag-retail"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/716115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=716115"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/716115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/716116"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=716115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=716115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=716115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}