RBC reports drop in DB pension plans due to market volatility
Canadian defined-benefit pension plans experienced their steepest drop since 2008
- By: Maddie Johnson
- April 29, 2020 April 29, 2020
- 12:30
Canadian defined-benefit pension plans experienced their steepest drop since 2008
The TSX closed up 156.18 points on Tuesday
Plunging stock markets had a heavy impact on foreign assets
Environmental, social and governance reporting is gaining momentum, but mandatory standards are needed
The TSX closed up 169.27 points on Friday
A quick rebound isn’t expected for provinces that rely significantly on tourism
The TSX closed down 37.07 points on Thursday
In March, sales were down more than 15%
Video game makers and consumer staples have gained ground
The TSX closed up 348.10 points on Wednesday
Despite a 9.5% drop in assets, ETFs recorded net sales of $3 billion
Will Canada see a V-, U- or L-shaped recovery from Covid-19?
The coronavirus outbreak has significantly slowed market activity
The TSX closed down 3.1% on Tuesday
In Canada, VC investment was already weak in Q1
Reports from BMO and the C.D. Institute look at the post-crisis economy
Surge in trading activity helps offset many negative effects of Covid-19
Operations are coping well but human effects pose a bigger obstacle
Metropolitan areas in Central and Eastern Canada are most likely to hit the brakes hardest
Liquidity mismatches, pricing uncertainty driving redemption shutdowns
Mental health concerns associated with job security fears