Canadians saving more for retirement
Many plan to keep on working
Death of a spouse biggest factor leading to withdrawal
For the first time in three years, Canadians increased their contributions to RRSPs in the 2003 tax year, according to a new report from Statistics Canada. However, the number of contributors declined slightly.In total, 5,948,000 taxfilers contributed nearly $27.6 billion to an RRSP in 2003. Contributions rose 1.8% from 2002, but the number of contributors […]
Investor attitudes little changed from 2003
New report suggests reforms for Canada's pension system
Almost 70% of small business owners invest in RRSPs
One in five intend to save $100,000 or less
Ontario residents least reliant on RRSPs
Employees fail to distinguish between RPPs, RRSPs