The fund has a negative return for the first six months of its 2024 fiscal year
Remarks follow virtual meeting with provincial finance ministers
Broad estimates and generous assumptions may mean the APP is less viable than it seems
The fund posted a negative return of 0.8% for the quarter ended June 30
Performance partially offset by declines in both equities and fixed income across major markets
The pension fund manager's return was negative for its first three quarters
Fund returned 0.2% in the quarter, -4% net return for six months
The CRA also updated the RRSP dollar limit
Private equity, infrastructure, real estate helped contribute to returns
The reason lies with the pandemic's unique impacts on the labour market