Pension Plans in Canada

Asset of registered pension plan, value

Asset refers to resources controlled by an entity as a result of past events and from which future economic benefits or service potential are expected to flow to the entity.

Registered pension plans refers to employer-sponsored plans registered with Canada Customs and Revenue Agency and most commonly also with one of the pension regulatory authorities. The purpose of such plans is to provide employees with a regular income at retirement.

The data for this variable are reported using the following measurements:

• Canadian dollar at current prices