Canadian defined benefit pension returns – Q2 2026

Canadian pension plans return 6.0% with both equities and fixed income on the rise

By RBC Investor Services
Published July 30, 2026 | 2 min read

RBC Investor Services reported that Canadian defined benefit pension plans posted a median return of 6.0% in Q2 2026, buoyed by positive returns from both equities and fixed income for the first time since Q3 2025.

Q2 2026 defined benefit pension returns – Highlights

+6.0%

Total

+3.0%

Canadian fixed income

+7.0%

Canadian equities

+15.1%

Global equities


As a longstanding provider of asset services to Canadian pensions, RBC Investor Services sees firsthand how plans are positioned and what that means when markets move. Our quarterly pension insights reflect the performance of a broad cross-section of Canadian institutional investors.

Please refer to the press release for additional insight into returns and asset mix trends. For a conversation specific to your needs, contact your RBC Investor Services representative.