News & Updates
Market value of Canadian trusteed pension funds rose 1.9% from the previous quarter: Stats Can
October 05, 2023
Statistics Canada has released information regarding employer pension plans’ performance from the first quarter of 2023.
The market value of assets held by Canadian trusteed pension funds rose 1.9% from the previous quarter, a $40.9 billion increase, StatsCan reports. But, year over year, the market value of assets was down by 0.4%.
The largest asset category, equities, saw a 1.1% increase of just over $9.2 billion in Q1, and was followed by other assets (up 6.2%), infrastructure (up 4.6%), bonds (up 1%), and real estate (up 0.6%).
The agency also reported on fluctuation in foreign and domestic assets, along with public and private sector assets.
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