News Releases

- Index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria

- PEI places eighth among the provinces

- PEI residents scored well in having a financial strategy and having a life insurance policy in place; opportunities exist for them to improve by working with a professional to ensure effectiveness of their financial plan and prioritizing saving to sustain their lifestyle

- National index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria

- Ontario places sixth among the provinces

- Ontarians scored well in having a financial strategy and having a life insurance policy in place; opportunities exist for them to improve by working with a professional to ensure the effectiveness of their financial plan and prioritizing savings to sustain their lifestyle

- National index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria

- Nova Scotia was in the middle of the pack, placing fifth

- Nova Scotians scored well because of having low levels of debt and having a financial strategy in place, but could improve in their amount of assets and ensuring the effectiveness of their financial plan by working with a professional

- National index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria

- Newfoundland & Labrador had the fourth highest score among the provinces

- Residents achieved high scores because of their relatively low level of debt and likelihood of having a financial strategy, but could improve by increasing their assets and contributing to a rainy day fund

- National index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria

- Manitoba places seventh among the provinces

- Manitobans scored well in having a financial strategy and having a life insurance policy in place; opportunities exist for them to improve by working with a professional to ensure effectiveness of their financial plan and prioritizing saving for retirement

- National index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria

- New Brunswick residents have, on average, $69k of debt

- Opportunities exist for them to improve by working with a professional to ensure effectiveness of their financial plan and prioritizing saving for retirement

- National index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria

- British Columbia places ninth among the provinces in the inaugural study

- British Columbians score well in the high value of their assets and having a financial strategy in place; opportunities exist for them to improve by reducing debt and contributing to a rainy day fund

- National index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria

- Alberta's score of 70.6 is above the national average of 69.3

- Albertans scored well because of the high value of their assets and having robust rainy day funds, but could improve by reducing their level of debt and working with a professional to ensure effectiveness of their financial plan

- Index ranks residents of each province on who is most successful at managing their wealth

- Saskatchewan places 1st among provinces in inaugural study

- Canadians score highest in having a financial strategy and having a life insurance plan in place; opportunities exist for them to improve by working with a professional to ensure efficacy of their financial plan and prioritizing saving for retirement

- Two thirds of Canadians feel they are financially prepared for a major life change