Aon tracker shows Canadian DB pension funded ratio rises to 123.3% in Q3

• Aon’s Pension Risk Tracker showed Canadian defined benefit plans in the S&P/TSX Composite Index lifted the aggregate funded ratio to 123.3% at Sept. 30, 2026.
• The funded ratio rose from 117.6% in the prior quarter, pointing to stronger balance-sheet flexibility for plan sponsors.
• Pension assets fell 1.5% in the third quarter, indicating market returns were not the main driver of the improvement.
• Long-term Government of Canada bond yields climbed 57 bps; wider credit spreads added 1 bp, pushing the discount rate up 58 bps to 5.22%.
• Higher discount rates reduced the accounting value of liabilities, outweighing weaker equity markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AON plc published the original content used to generate this news brief via CNW (Ref. ID: 202610011100CANADANWCANADAPR_C3925) on October 01, 2026, and is solely responsible for the information contained therein.