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Canadian defined benefit pension plan sponsors recorded an uptick in returns for the first-quarter of 2017, according to the Northern Trust Canadian Defined Benefit Pension Plan universe. The median plan gained 3.0 percent, following a loss of 1.2 percent in the fourth quarter of 2016. Positive performance was primarily driven by strong equity markets while fixed income also experienced positive performance in a reversal from last quarter.
Investor concerns over the outlook for growth and politics have been calmed in recent weeks, as economic data has improved and key elections have taken place. Jim McDonald explains.
Our Chief Economist, Carl R. Tannenbaum, discusses NAFTA, how NAFTA has benefited the U.S., how modifications to NAFTA would affect Mexico, and who would be most impacted if NAFTA were substantially amended.