The average debt per Canadian household rose by only 0.3% in 2012, as most Canadians slowed or stopped their borrowing. Seniors were the exception, as their debt levels increased by an average 15.1%, according to a survey by Ipsos-Reid Corp. Although that may sound like a disturbing trend, seniors have a history of adding to […]
Show clients the benefit of making regular contributions to retirement savings
Goldring says advisors must educate clients about risk, finances and the value of advice
Canadians are taking advantage of low rates to make big purchases
BMO chief economist says low interest rates and returns mean that savings rates may need to reach 9% to meet long-term goals
Five tips to help clients eliminate debt
Consumer credit levels increase by $7 billion to $474 billion
Twice as many younger Canadians intend to maximize their RRSP contributions for the 2012 tax year
IEF website feature game and other holiday-themed saving tools
Resolutions for New Year include spending less, and saving or investing more