Mortgage News
B.C.residents plan to save the most this year, followed by Albertans
British Columbians plan to save more for a rainy day than people in other provinces, according to results of a recent poll.
Published
Several recent reports have indicated that the majority of Canadians are focused on personal savings, and paying down debt for 2014.
British Columbia residents topped the survey, aiming to save an average of $15,117. Albertans were close behind with an average savings goal of $12,478. Popular savings goals are trending towards retirement, vacations, and emergency funds.
It is speculated that the uncertain future of mortgage rates has been a factor in encouraging Canadians to save.