BMO Tax-Free Savings Account (TFSA) study

According to the annual BMO Tax-Free Savings Account (TFSA) study, Canadians’ are once again increasingly turning and contributing to their TFSA, with two-thirds (66 per cent) of Canadians holding an account. Regional data suggests that, although economic conditions are challenging across parts of the country, Canadians are finding ways to save and invest money. According […]

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More than half of Canadians surveyed who don’t invest say it’s because they lack knowledge and confidence

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Canadians who do not currently invest say their lack of knowledge and confidence are preventing them from getting financial information and advice, according to national survey results from the Investment Industry Regulatory Organization of Canada (IIROC). IIROC, with The Strategic Counsel, surveyed 2,000 Canadians, 500 of whom were “aspiring investors” (those who are interested in […]

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