Pensions
Canadian Pension Funded Statuses Hold Steady in Q2
The plans maintained their surplus amidst weak domestic equity performance.
The asset class gained 19.5% for the UPP investment portfolio after losing 14.1% a year earlier.
Emond, who became CEO in 2020, will remain until at least February 2029.
The $184 billion pension giant is asking its portfolio companies to improve their climate-change risk management.
Private and public sector plans returned 8.4% in the final quarter, according to RBC Investor Services.