A recent report from the BMO Retirement Institute has found the reason Canadians procrastinate when it comes to retirement planning. The report found that despite having almost 90% of Canadians feel retirement planning should begin early, 40% of non-retirees have done little to nothing to prepare for the day they decide to stop working. The
Posts Tagged ‘canadians’
Rate Hike Confirms Gradual Increase in Borrowing Costs
To confirm that consumers are likely to face step by step increases in borrowing costs in the coming months, the Bank of Canada raised its trendsetting interest rate despite the outspoken worries about the economic picture. This recent increase is the second one since June 1st; the Bank Governor Mark Carney increased the overnight rate
Missed Bill Payments Have Consequences
According to the TD Canada Trust Everyday Banking Poll, there are 3 reasons that Canadians give for why they have missed their bills. Canadians tend to overlook the implications of missed bill payments; surprisingly, 43% of respondents think that there is no consequence if they miss a bill payment. They feel that they have to
Scotiabank Initiates Movement: Let the Saving Begin
Today Scotiabank launched Let the Saving Begin, a new program designed to inspire and empower Canadians, allowing them to get back on track with saving, investing and borrowing habits. The mission is to encourage Canadians to save more of their hard earned money, and Scotiabank hopes to help them achieve this. Chris Hodgson, Group Head
RBC: Economic Confidence Growing
Across Canada we are seeing an increase economic confidence with the majority of Canadians, 67% to be exact believing that the overall outlook for the economy is good. In the last quarter, it was 54% believing this confidence level. The data is in accordance to the June RBC Canadian Consumer Outlook Index. 55& of Canadians
Scotiabank Launches EcoLiving Program
Scotiabank has recently launched the EcoLiving Program, which makes it easy to access information and resourced on environmentally beneficial home renovations, ultimately saving you money. The EcoLiving Program has been made so everyone can benefit from making environmentally friendly choices. Scotiabank has launched the EcoLiving Program with the intentions to help Canadian homeowners discover what
Toronto G20 Summit Security
On May 19th, 2010 a firebombing of a Royal Bank of Canada (RBC) took place, which invoked many fears of violence in the Toronto summit of G20, which is occurring this week. The group, which was responsible for the attack on the bank branch, calls themselves FFFC, and they uploaded a video onto YouTube, which










