Retired Canadians are living a far more comfortable retirement than their American counterparts, according to a North American study by TD Canada Trust. The survey found that close to 70% of Canadian retirees say their retirement is exactly or mostly what they were expected. In contrast, only 47% of Americans said the same thing. About [...]

Canadians are sticking to when they want to retire despite fears about whether they have enough saved, according to a pair of surveys released Thursday. A Scotiabank survey found that 73% of Canadian investors have not changed the age they plan to retire, despite the volatile markets and economic roller-coaster during the past two years. [...]

The RRSP season is clearly heating up. With the March 1 contribution deadline for registered retirement savings plans less than a month away, three of Canada’s big banks released surveys on Thursday, not-so-gently reminding Canadians of the pressing need to start saving for their golden years right now. A Bank of Nova Scotia study found [...]

There were three interesting stories in the press this week about pensions and bankruptcy in Canada. On Wednesday the CBC ran a story on how the Liberals vow to change bankruptcy laws. Here’s a quote from the story: The Liberal Party says it is committed to changing Canadian bankruptcy laws so former employees of failed [...]

The current “jumble” of supplemental pension options is failing millions of Canadian workers and must be revamped into a coherent system that will allow them to build better retirement nest eggs, says Keith Ambachtsheer, one of the country’s leading authorities on pensions. Ambachtsheer, director of the Rotman International Centre for Pension Management at the University [...]

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 [...]