Retirement picture for women continues to be notably bleaker
Quebecers are least likely to contribute to RRSPs and most likely to depend on a pension plan for their senior years, according to a survey released today by Royal Bank. Only 38% of Quebecers polled said they plan to contribute to RRSPs, compared with the national average of 47%However, 42% of Quebecers said they are […]
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