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Market Commentary – Second Quarter 2016

Global equity markets remained volatile in the second quarter, largely influenced by the Brexit vote and the uncertainty this result created. A flight to safety after Britain voted to exit the European Union led to falling stock prices and bond yields reaching near all-time lows. Safe-haven assets (e.g. gold, U.S. dollar, Japanese yen) all rallied. […]

Pension Administration Office Closure: Thursday, August 18, 11:30 a.m. – 4:30 p.m.

Please note that the Pension Administration Office (PAO) will be closed from 11:30 a.m. to 4:30 p.m. on Thursday, August 18. If you wish to speak with a PAO staff member in person, please visit the office outside of these hours. The PAO will reopen at 8:30 a.m. on Friday, August 19. During this office […]

Market Commentary – First Quarter 2016

The investment results in the first quarter of 2016 were almost a complete reversal of the equity returns in 2015. Commodity prices rebounded strongly in the second half of the first quarter, especially oil prices and most metal prices. These price increases led to a large and surprisingly quick rise of the Canadian dollar since […]