Interest rate changes and inflation risks affected plans
Almost 200,000 pension plan members in Ontario have lost track of their plans, regulator says
Net assets grew to $590.8 billion
The CPP now includes a new, second earnings ceiling
CEO John Graham said the CPP offers the benefit of risk pooling and diversification
The fund has a negative return for the first six months of its 2024 fiscal year
Remarks follow virtual meeting with provincial finance ministers
Broad estimates and generous assumptions may mean the APP is less viable than it seems
The fund posted a negative return of 0.8% for the quarter ended June 30
Performance partially offset by declines in both equities and fixed income across major markets