The average Canadian defined benefit pension plan returned negative four per cent in the third quarter of 2023, according to two new reports. The RBC Investor and Treasury Services’ universe, which tracks performance and asset allocation across Canadian DB plans, found the most recent quarterly losses mean the average return has decreased to 1.9 per cent […]
New Brunswick government employee pensions suffered $1B loss in 2022 cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.
<p><span>Canadian defined benefit (DB) pension plans posted hard-hitting losses in 2022 despite a positive final quarter, according to the latest survey from RBC Investor & Treasury Services (I&TS).</span></p>