A new report says the health of Canadian defined-benefit pension plans improved in 2025, helped by strong gains in equities and modest returns on fixed-income investments.
The report by pension consulting firm Mercer says the median solvency ratio, which measures the adequacy of a plan’s assets to cover its promised benefits, was 132 percent as of Dec. 31, up seven percentage points for the year including a gain of three percentage points in the fourth quarter.





