Domestic equity was the hardest hit asset class
Flaherty releases discussion paper
Rebound in oil prices and major equity markets expected
Nearly 40% of Canadian plans have no policy for dealing with their interest rate and inflation exposures
Report from expert commission calls for creation of a pension champion and a new industry regulator, among other things
Province appoints economic advisory panel to address market uncertainty
Critics divided over change to discount rate
Benefits paid to retirees exceed contributions made by employers and employees for fourth straight quarter
Regulator calls on plans to consider implications of market downturn
Many Canadian infrastructure projects are too small to attract the interest of pension funds