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    <submissionType>13F-HR</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>false</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
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      <filer>
        <credentials>
          <cik>0001283718</cik>
          <ccc>XXXXXXXX</ccc>
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      <periodOfReport>12-31-2019</periodOfReport>
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      <reportCalendarOrQuarter>12-31-2019</reportCalendarOrQuarter>
      <isAmendment>false</isAmendment>
      <filingManager>
        <name>CANADA PENSION PLAN INVESTMENT BOARD</name>
        <address>
          <ns1:street1>One Queen Street East</ns1:street1>
          <ns1:street2>Ste 2500</ns1:street2>
          <ns1:city>Toronto Ontario</ns1:city>
          <ns1:stateOrCountry>A6</ns1:stateOrCountry>
          <ns1:zipCode>0000</ns1:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-12303</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>Kathryn J. Daniels</name>
      <title>Managing Director, Head of Compliance</title>
      <phone>416-972-8299</phone>
      <signature>/s/ Kathryn J. Daniels</signature>
      <city>Toronto</city>
      <stateOrCountry>A6</stateOrCountry>
      <signatureDate>02-10-2019</signatureDate>
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