Media Advisory/Interview Opportunity - BMO: Unused RRSP Contributions Will Exceed $1 Trillion in Less than a Decade
TORONTO,
February 25, 2011 – March 1st is the deadline for
contributing to a Registered Retirement Savings Plan (RRSP).
A survey commissioned by BMO indicated that almost half of Canadians
have or will be making an RRSP contribution this year. However, few will
contribute the maximum amount for which they are eligible. According
to the BMO Retirement Institute, based on current trends, it is projected
that unused RRSP contribution room will exceed $1 trillion by 2018.
BMO has local area experts available to discuss this and the benefits
of maximizing your RRSP contribution every year.
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For
media inquiries please contact:
Amanda Robinson, Toronto, amanda.robinson@bmo.com,
(416) 867-3996
Sarah Bensadoun,
Montreal, sarah.bensadoun@bmo.com, (514) 877-8224
Laurie Grant, Vancouver, laurie.grant@bmo.com, (604) 665-7596