News Releases

- Only 37 per cent of Canadian parents have appointed a guardian

- 80 per cent of parents would look to family when choosing a guardian

- Majority don't know how much money they would leave to a guardian to cover additional expenses

- The holiday season is an excellent time to begin discussing guardianship with family and friends

- December 31st deadlines loom for Canadians who want to minimize taxes on their investments

- BMO survey finds that three-quarters of Canadians don't consider tax implications when investing; 40 per cent are not confident they're taking advantage of all tax incentives

- New program offers simple and cost effective way to buy and hold physical gold

- Allows investors to hold gold in a custodial account or arrange for home delivery

- Program helps farmers mitigate risk and manage cash flow

- BMO AgriInvest account allows farmers to increase their savings through market-leading rate

- Almost 60 per cent of B.C. residents believe they are on the right path to realize their ideal retirement lifestyle

- However, 72 per cent are worried about the performance of their RRSPs given the current state of the economy

- B.C. residents most likely in Canada to contribute less to their RRSP than last year

- Almost two-thirds of Quebecers feel confident in their ability to save for their ideal retirement lifestyle

- Forty per cent have or will be making a contribution to an RRSP this year above the national average

- More than half are either more optimistic or feel the same about the financial markets compared to last year

- However, more than 60 per cent are concerned about the performance of their RRSPs

- One-in-three lack confidence in their ability to save for retirement - twice as many as last year

- More than two-thirds express concern over the performance of their RRSP, given market volatility and the state of the economy

- Almost 70 per cent of Canadians plan on contributing more or the same amount to their RRSP this year compared to last year

- In 2010 the average RRSP contribution was $4,700

- Three-in-five Albertans are confident in their ability to save for their ideal retirement lifestyle- making them among the most confident in Canada

- Yet, almost half of those surveyed do not plan to make an RRSP contribution this year

- Seventy-eight per cent of Albertans express concern over the performance of their RRSP, given market volatility and the state of the economy

- 49 per cent feel that they are on track to realize their ideal retirement lifestyle

- More than a quarter have or will be making a contribution to an RRSP this year

- Almost half are either more optimistic or feel the same about financial markets this year compared to last year

- However, one-third believe they will have to delay retirement or work part-time during retirement