News Wrap

CAAMP Consumer and Industry Perceptions report released

CAMMP releases the results of a survey which included mortgage-holders, renters and those in the industry. Read More:

Paying down debt and planning for retirement top the list of current financial priorities for Canadians: CIBC Poll

Paying down debt is a top priority for Canadians according to a recent CIBC Poll conducted by Harris/Decima, but there’s a significant difference in priorities depending on age with retirement planning top of mind for Canadians aged 45 to 64. Read More:

Scott Dawson
scott.dawson@verico.ca
  • http://blogs.bgsu.edu/katieweightblog/2009/12/20/relay-for-life/ Gerald E. Wade

    According to a CIBC poll there are two financial concerns weighing on the minds of Canadians paying down personal debt and saving for retirement..Managing their day-to-day spending was a close third in the poll..When it comes to age there was a significant difference in priorities with those ages 45 to 64 focusing on getting their plans and savings in place for retirement followed by paying down debt. 1 financial priority..Its no surprise to see that the financial needs of Canadians vary at different stages of life which speaks to the need for individual financial advice based on your personal financial situation and your goals said Victor Dodig executive vice-president of retail distribution and wealth management with CIBC Retail Markets.