Canadian pension plans return median -1.5% in Q3 as bond yields rise, Northern Trust says

• Northern Trust's median Canadian pension plan returned -1.5% in the quarter ended September 30, bringing year-to-date returns to 4.4%.
• Rising bond yields drove losses, with the FTSE Canada Universe Bond Index down 3% in CAD.
• Long-term bonds fell 6.3%, compared with a 0.9% decline for short-term bonds.
• Global equities offered some support, with the MSCI ACWI Index rising 1.8% in CAD on resilient growth and strong corporate earnings.

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. Northern Trust Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261106787305) on November 06, 2026, and is solely responsible for the information contained therein.