QPP versus CPPThe Old Age Pension is funded by federal revenues. The Quebec Pension Plan is funded through work related contributions from Quebec only. The Canada Pension Plan is funded by work related contributions in the rest of Canada for the rest of Canada only. The Canada Pension Plan does not benefit Quebec directly. Returns vary over time and if fund managers do not perform, they will be booted, whether at CPP., QPP/Caisse, Teachers, OMERS or whatever.