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40% of workshop participants opened tax-free savings accounts for emergency savings.
Initiative: A targeted savings program
Adopter: Anonymous organization
About 60% of Canadians understand the effect of inflation on savings.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
2 in 3 Canadians understand how compound interest works.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
About half of Canadians understand that a mutual fund provides a safer return than an individual stock.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
About half of Canadians understand the relationship between bonds and interest rates.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
54% of Canadians have received information on identifying investment fraud, mainly from bank resources, online material, financial advisors, or social media.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
20% of Canadian investors do not know whom to contact if they want to make a formal complaint.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
35% of investors who have an advisor do not know how their advisors are compensated.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
Canadians who experienced personal health challenges or major life events had fewer investable assets.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
1 in 5 Canadians are DIY investors. DIY investing is more popular among racialized Canadians (28%) than it is among non-racialized Canadians (18%).
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
The Financial Consumer Agency of Canada does not endorse, directly or indirectly, any adopters of the Measurement Plan, nor does it make any representations or warranties, express or implied, concerning the adopters' products or services or their fitness for a particular purpose.
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