The third quarter of 2024 witnessed sustained momentum in the Canadian annuity purchase market, achieving an estimated transaction volume of $2.1 billion. This robust performance has brought the year-to-date total to approximately $5.7 billion, underscoring the market's resilience to a volatile interest rate environment and continued attractiveness for plan sponsors looking to de-risk their defined benefit (DB) pension obligations.
Click here to read the 2024 Q3 review report.