News Releases

- Eighty per cent of Canadians 18-34 years old are not entirely confident in their ability to save for retirement

- Many young Canadians think their parents' retirement looks better than what their own retirement will be

- More than three-quarters worry about outliving their retirement savings

- BMO: It's critical to start saving for retirement at an early age

- Douglas Porter, BMO Chief Economist, forecasts that savings rates may need to reach 9 per cent to strengthen household finances over the long term

- Report shows the brighter side of the debt picture, with household financial assets reaching near-record 453 per cent of disposable income

- Report comes on the heels of the BMO Household Savings Report, which showed Canadians planning to save aim to put away $9,859 in 2013

- Canadian ETF assets increased by 33 per cent in 2012

- 2013 will see an expansion of the user base of ETFs

- Canadian ETF industry to benefit from developing new uses for ETFs

- Investors will seek out defensive growth strategies and lean towards equities