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Learn what we’ve found about the habits and needs of Canadians related to personal finance, money management and investing.
Advisors top source of information for older Canadians, but Internet an important source too.
Instructive examples, check lists and financial calculators are what Canadians over 34 years of age look for when searching the web for financial information.
Younger and skeptical social media users are more likely to search multiple sources for information, while their parents seek “expert” advice from advisors.
This comparison of findings of the Investor Education study into how Canadians of different ages (20 to 34 and 34 and older) “includes a number of wake-up calls regarding the financial information that people want and how they want to get it,” says Investor Education Fund president Tom Hamza.
Canadians aged 20-34 motivated by key life events, but face time, money and information barriers to financial literacy.
This study from the Investor Education Fund sheds additional light on the most influential life events that drive financial decisions, barriers to making informed decisions, top money questions, and the tools people look for in this age group.
High school students with ready cash lack skills to keep it.
According to a new study from the Investor Education Fund, a significant portion of Ontario high school students aged 14-18 don't have the financial know how to make informed choices.
Ontarians not planning for their financial future.
According to a study from the Investor Education Fund, a significant portion of Ontarians don't have a road map for their financial future. The study shows that nearly one half (46%) of Ontario adults have never had a financial plan to save for retirement. In addition, 58% of parents don't have a plan to save for their children's education.
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