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  • More than half of Canadians think their retirement plans are in trouble
    Financial Planning

    More than half of Canadians think their retirement plans are in trouble

    March 18, 2023 /

    Money Monitor 20120203 Good morning. Canada’s economic landscape is weighing on investors’ minds, with 55 per cent believing their retirement plans have been impacted by current economic conditions, according to a recent report by the Bank of Nova Scotia. The Scotia Global Asset Management Investor Sentiment Survey, which interviewed 1,022 Canadians, found that 59 per cent of them are feeling negative about their investments, up from 33 per cent in the fall 2021 survey. Investors’ top five perceived risks to their portfolios over the next couple of years were an economic recession (61 per cent), rising inflation (58 per cent), stock-market volatility (46 per cent), rising interest rates (40 per cent)…

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