Despite the market challenges of 2011, Canadians say they will keep on contributing to their RRSPs. A BMO Financial Group survey finds almost 70% of Canadians plan on contributing more or the same amount to their RRSP this year compared to last year. In 2010, Last year, the average of RRSO contribution was $4,700.
Canadian CFAs say the Maple Group bid for TMX Group will result in a monopoly, which could adversely affect Canadian investors.