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Canadians Committed to Investing in RRSP

November 12th, 2009

Despite a year of economic uncertainty and volatile stock markets, Canadians intend to maintain contributions to RRSPs this year, according to an Investor’s Group survey released Tuesday.

More than two-thirds of respondents (68%) plan to contribute the same amount or more to their RRSP than they did last year.

Of the 24% of Canadians who opened a tax-free savings account this year, 81% say they plan to invest the same amount or more in their TFSA next year.

However, while Canadians plan to save the same amount, what they are investing in has changed.

Click here to read the full article on the Business in Vancouver web site.



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