News Releases

- Almost three-quarters of Ontarians plan on contributing the same amount or more to their RRSP compared to last year

- More than half are confident in their ability to save for their ideal retirement

- Given market volatility and the state of the economy, almost three-quarters of Ontarians are concerned about the performance of their RRSP

- Residents in Manitoba and Saskatchewan lead country in RRSP adoption

- More than 40 per cent have or will be making a contribution to an RRSP this year

- Prairie Provinces are the most optimistic when it comes to their outlook for the financial markets

- However, more than three quarters are concerned about the performance of their RRSPs given current financial markets

- While fewer than 20 per cent of Canadian investors are familiar with ETFs, three-quarters - after being told of their benefits - would consider adding them to their portfolios

- Lack of knowledge and not knowing where to begin cited as barriers to increased ETF adoption

- Two-thirds would invest in ETFs if they were structured in the form of a mutual fund

- BMO II's six ETF Portfolios provide access to the benefits of ETFs in the convenience of a mutual fund

Survey results reveal one in five Canadians plan to redeem their rewards for gifts this holiday season.

- Practice of redeeming rewards to purchase gifts increased 6 per cent to 20 per cent this holiday season.

- 85 per cent think it's acceptable to use rewards for gifts.

- 26 per cent of those using rewards for gifts said they will use the money saved to buy additional gifts for family and friends.