The Canada Revenue Agency announced the new ceiling on Nov. 1. It is calculated according to a CPP legislated formula.
Asset performance and bond yields push funded ratios lower in the third quarter.
Lower scores for material well-being, tax pressure, environment and overall happiness drive Canada out of top 10 positio
Although buoyed by rising interest rates, defined benefit pension plans racked up their worst performance in decades.
A record year in 2021 contrasts sharply with the decline in 2020 and confirms insurers’ risk-taking capacity.
IFIC’s board has struck a committee to search for the organization’s next CEO.
Canada Life survey finds half of those helping to make down payments say their ability to save or invest has decreased.