CANADIANS RANK DEBT REDUCTION OVER RETIREMENT PLANNING

Jan 02, 2013

By Jane Brown

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It seems Canadians are more concerned with debt reduction these days than retirement planning.

A new poll conducted by Harris/Decima for C-I-B-C found 17 per cent of the two-thousand people surveyed chose debt reduction as their main financial priority in 2013.

It’s the third year in a row that debt reduction has topped the list.

In second place was building savings, as chosen by 10 per cent of respondents — followed by managing day-to-day spending.

Retirement planning came in fourth.

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