Disclosure: This is a partnered post with Tangerine Bank. However, all opinions and views on this post are 100% my own. When I think of February, I think about RRSPs. Well I used to only think about RRSPs, but now I also think about TFSAs as well, and the rest of my investments. If you have […]
Two Out of Three Mortgage Shoppers Would Sacrifice Traditional Mortgage Advice for a Lower Rate, New Survey
While 72 per cent of Canadian mortgage shoppers get mortgage advice in person, a majority would opt for a fully online mortgage to save money, according to a new survey by Rates.ca. Two Out of Three Mortgage Shoppers Would Sacrifice Traditional Mortgage Advice for a Lower Rate, New Survey (CNW Group/Rates.ca) Almost one in five […]
Canadians Spend an Average of Two Hours a Day Worrying About Their Finances
Recent polls commissioned by Scotiabank revealed that Canadians spend on average of 2 hours a day worrying about their finances. Canadians age 18-35 worry the most about their finances, at 2.4 hours a day, while those aged 55+ worry an average of 1.4 hours a day. Key Poll Findings: Information Overload: On average, 67% of […]
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 […]
More than half of Canadians surveyed who don’t invest say it’s because they lack knowledge and confidence
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 […]