Pensions
Funded Levels Rose for Canadian DB Plans in 2023, But Risks Remain
Interest rates and market volatility continue to pose a significant risk for many plans.
Interest rates and market volatility continue to pose a significant risk for many plans.
Positive asset returns, combined with rising bond yields, helped boost pension funds’ solvency.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.