HALIFAX, NOVA SCOTIA — (Marketwire) — 07/19/11 — BMO Nesbitt Burns today released the results of study which reveal that investors in Atlantic Canada are the most confident investors (94 per cent) in Canada.
Regional Highlights:
The study, conducted by Leger Marketing, also revealed the following about Atlantic Canada:
“While it-s promising to see Atlantic Canadians are such confident investors, we strongly encourage those in the region who don-t invest to start doing so,” said Stuart Hinshelwood, Equity Specialist, BMO Nesbitt Burns. “You don-t need to have a lot of money. The key is to start as early as possible, identify your financial goals and start setting aside some money, even if it-s just a small amount, on a regular basis.”
National Highlights:
One of the more concerning results of the study is that only a slim majority (51 per cent) of Canadians have a financial plan in place.
“Although creating a financial plan may seem like a difficult task to undertake, a financial professional can help,” said Mr. Hinshelwood. “They can work with you to define your goals, identify your risk tolerance and find the correct asset mix that-s right for you.”
Albertans are Canada-s “Savviest” Investors:
Albertans led the country in several general investing areas covered by the study, including:
The online survey was conducted by Leger Marketing from June 13 – June 16, 2011, with 1501 Canadian adults.
Contacts:
Media Contacts:
Sarah Bensadoun, Montreal
514-877-8224
Amanda Robinson, Toronto
416-867-3996
Laurie Grant, Vancouver
604-665-7596