More than 80 per cent of Canadian employees would be interested in an employer-provided financial education program, according to a new survey by the Canadian Payroll Association. The survey, published during Financial Literacy Month, indicates that Canadians are dealing with increased financial stress, and that 50 per cent feel it affects their on-the-job performance. “Financial stress […]
In response to the growing issue of employees entering the workforce saddled with significant student debt, Great-West Life Assurance Co. is piloting a program to empower workers to save for retirement while paying down their student loans. Those employees eligible to take part in the program will receive employer-matched contributions, based on the company’s existing formula, to […]
The return to normal rates will hurt us more than we know.
The Public Sector Pension Investment Board has launched a European hub focused predominantly on private equity, private debt, infrastructure and real estate. The London, England-based office, which has 28 professionals, is part of an effort aimed at strategic, industry-specialized investments across Europe, according to a news release. Read: PSP Investments’ assets generated 1% return in […]
More than a third (34 per cent) of global institutional investors invest in four or more alternative asset classes, according to a new report by data and intelligence company Preqin Ltd. This represents a significant increase over the past 12 months as only a quarter of respondents invested in at least four alternative asset classes […]
Global Risk Institute looks at what's in store for 2017.
Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests.
When granted lump sums, such as tax refunds, most people opt to pay off debt, says new data from Edward Jones.
On average, Canadians expect to be debt-free by the time they are 56 years old although some Canadians see themselves carrying debt well into their sixties, a CIBC poll finds.
Most Canadians with debt would be significantly impacted if interest were to rise two percentage points, finds BMO’s annual debt report. Sixty-four percent say their budgets would be strained, while 25% say they would be very financially stressed.