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A recent Financial Post article, “Two-thirds of Canadian households saving for retirement, census suggests,” shows the result of a 2016 survey by C.D. Howe Institute that suggests that two-thirds of households are setting aside money for retirement.  According to the article, the rate of retirement savings for employed individuals has almost doubled in recent decades.  65.2% of 14 million households have made a contribution in 2015 to one or more of the three major savings vehicles such as RRSPs and TFSAs. Income earners aged 35 to 54 made more use of registered pension plans and RRSPs while income earners below 35...
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The Canadian Payroll Association recently published its latest survey that pretty much paints a picture of how many Albertans live.  And it is not a very pretty one.  The 2017 survey confirms that many Albertans are living with significant debt despite the positive economic outlook this year. According to the survey, 47% of working Canadians and the same percentage of Albertans said they would find it difficult to meet their financial obligations if their paycheque was delayed by even a single week.  On a national level, the survey shows higher numbers: 55% of millennials in their 30s and 51% of Gen...
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