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38% of Canadians dip into RRSPs early, BMO survey suggests

February 8, 2017

38% of Canadians dip into RRSPs early, BMO survey suggests Percentage of respondents withdrawing savings rose from 34% last year, poll indicates Almost four out of every 10 Canadians withdraw money from an RRSP before they hit 71, a new poll from BMO suggests. (Shutterstock) Almost four out of every 10 Canadians polled in a […]

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Canadian households are racking up more debt, poll suggests

July 10, 2015

Canadian households are racking up more debt, poll suggests Average Canadian household owes $92,699, BMO poll suggests A new poll suggests Canadian households are piling on more debt and plan to borrow more in the short term, even though a slight rise in interest rates would “stress” most of them out. In BMO’s Annual Debt […]

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Canada’s RBC and BMO move to cut prime rates

January 28, 2015

Canada’s RBC and BMO move to cut prime rates TORONTO (Reuters) – Royal Bank of Canada, the country’s biggest lender, said on Tuesday it would cut its prime lending rate by 15 basis points, becoming the first of Canada’s big banks to trim borrowing costs nearly a week after the central bank stunned markets with a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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