• RBC reported a 6% median return for Canadian defined-benefit pension plans in Q2 2026, lifting year-to-date performance to 6.4%.
• Global equities led with a 15.1% quarterly gain; emerging markets surged 26.1% in CAD, driven by Korean and Taiwanese semiconductor names.
• US equities returned 17.1% in CAD; information technology rose 34% as semiconductors and equipment jumped 52.2%.
• Canadian equities gained 7%; financials jumped 25.6% while energy fell 5% as oil prices reversed following a US-Iran military shock.
• Client fixed income returned 3% versus 2% for the FTSE Canada Universe Bond Index; the Bank of Canada held its policy rate at 2.25%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RBC - Royal Bank of Canada published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.