The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database grew by seven per cent in 2021, according to a new report by the consultancy. The report, which looked at the overall performance of more than 500 Canadian DB plans in 2021, found, at the end of the year, the plans’ average […]
TORONTO - Canadian defined-benefit pension plans are in stronger positions to withstand the potential challenges ahead from the Omicron variant after performing well in 2021, a pair of industry reports say.