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Canadian pension funds total increases to $1.2 trillion: StatsCan • Employment up 51,000 in February: StatsCan • Canada moves to prevent double taxation • Pay premium for working dads? • Workers with DC pensions save too little: Report
|Canadian Payroll Reporter|Last Updated: 04/10/2013

Canadian pension funds total increases to $1.2 trillion: StatsCan

OTTAWA — The market value of Canadian employer-sponsored pension funds totalled $1.2 trillion at the end of the third quarter of 2012, up 2.6 per cent from the previous quarter, according to Statistics Canada. The increase followed a 1.3 per cent decline in the second quarter.

Pension fund investments in stocks grew 3.3 per cent in the third quarter, surpassing the 1.5 per cent gain in the value of shares on the Toronto Stock Exchange for the same period.