Canada Pension Funds Market to Grow with a CAGR of 5.8% through 2030
The Canada Pension Funds Market thrives on aging demographics, proactive retirement planning, and favorable government policies.
According to
TechSci Research report, “Canada Pension Funds Market – By Region, Competition
Forecast & Opportunities, 2030F”, Canada Pension Funds Market was valued at USD 3.86 trillion in 2024
and is expected to reach USD 5.41 trillion by 2030 with a CAGR of 5.8% during
the forecast period. The Canada Pension Funds Market is on a
trajectory of robust growth, fuelled by significant demographic shifts,
heightened awareness of retirement planning, and proactive government policies.
An aging population, coupled with increasing life expectancy, underscores the
need for reliable and sustainable pension systems. This demographic reality has
spurred demand for Distributed Benefit Plans that offer stable, predictable
retirement income and Distributed Contribution Plans that provide flexibility
and individual control. Moreover, government-led initiatives, such as
enhancements to the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP),
have bolstered the market, offering tax benefits and policy support to
encourage participation across all sectors. Simultaneously, a growing culture
of financial literacy and planning has led individuals and corporations to
prioritize long-term financial security. Corporate adoption of pension plans
has also risen, as businesses view these schemes as critical tools for attracting
and retaining talent in a competitive labor market. However, the market faces
challenges that could impede its momentum. Economic volatility, exacerbated by
global uncertainties, impacts investment returns and fund stability.
Persistently low interest rates further pressure pension funds to seek
alternative, often riskier, investment options. Additionally, navigating the
complex regulatory environment across provinces demands significant resources
and expertise. Addressing these challenges is essential to sustaining market
growth and stability.
Browse over xx
market data Figures spread through xx Pages and an in-depth TOC on
"Canada Pension Funds Market.”
The Canada Pension
Funds market is segmented into type of pension plan, end user, region and
companies.
Based
on Type of Pension Plan, distributed benefit (DB) plans are emerging as the
fastest-growing segment in the market, driven by the aging population’s
preference for stable and predictable retirement income. Unlike DC plans, DB
plans guarantee a specific retirement benefit based on factors such as salary
history and years of service. This predictability makes them particularly
appealing to retirees and near-retirees seeking financial security. The
government’s initiatives to reform public pension systems, such as enhancing
the CPP and QPP, have also contributed to the growth of DB plans. Despite their
declining prevalence in the private sector due to higher costs and financial
risks for employers, DB plans remain popular in the public sector and among
unions. The integration of sustainable investment strategies and improved fund
management techniques are further revitalizing interest in DB plans, ensuring
their continued relevance in the evolving market.
Based
on region, Alberta is the fastest-growing region in the Canada Pension Funds
Market, driven by its ongoing economic diversification and increased corporate
adoption of pension plans. Traditionally reliant on oil and gas, Alberta has
been actively expanding into other sectors such as technology, renewable
energy, and services, creating new opportunities for employment and corporate
growth. This economic shift has encouraged more organizations to offer pension
plans to attract and retain a competitive workforce. Additionally, the province’s
growing awareness of retirement planning among individuals has boosted
participation in both distributed contribution and distributed benefit plans.
Alberta’s business-friendly policies and incentives further support the
adoption of corporate pension schemes, while its younger demographic is
increasingly engaging with flexible and hybrid pension models. The combination
of economic transformation, rising corporate involvement, and individual
awareness positions Alberta as a dynamic and rapidly expanding region in the
Canadian pension funds landscape.
Major companies
operating in Canada Pension Funds market are:
- Canada Pension
Plan Investment Board
- Caisse de depot
et placement du Quebec
- Ontario
Teacher's Pension Plan
- British Columbia
Investment Management Corporation
- Healthcare of
Ontario Pension Plan
- PSP Investment
Board
- OMERS Retirement
System
- Rowe Price
- Impax Asset
Management
- Mawer Investment
Management Ltd.
Download Free Sample Report
Customers can
also request for 10% free customization in this report.
“Hybrid
pension plans, combining features of Distributed Benefit and Contribution
models, are gaining popularity due to their flexibility and balanced
risk-reward structure. These plans cater to the needs of both employers and
employees, offering predictable benefits while sharing financial
responsibilities.” Said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
"Canada Pension Funds
Market By Type of Pension Plan (Distributed Contribution, Distributed Benefit,
Reserved Fund, Hybrid), By End User (Government, Corporate, Individuals), By
Region, Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of Canada Pension Funds market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Canada Pension
Funds market.
Contact Us-
TechSci
Research LLC
420 Lexington
Avenue, Suite 300,
New York, Canada-
10170
M: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com