Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report
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Read moreSalary increases for 2024: Canadian budget forecasts remain stable since summer
In late 2023, more than 430 organizations across Canada took part in Normandin Beaudry’s Salary Increase Pulse Survey.
As inflationary pressure slowly tapers off and the labour market begins to balance out, the survey sought to confirm the 2024 salary forecasts established by the organizations last summer.
Read moreNormandin Beaudry Pension Plan Financial Position Index – Quebec Municipal and University Sector, March 31, 2024
The year 2024 is off to a positive start for pension plans, with favourable stock market returns and rising interest rates, which tend to reduce the value of pension plan liabilities.
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