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20% of Canadian investors do not know whom to contact if they want to make a formal complaint.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
35% of investors who have an advisor do not know how their advisors are compensated.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
Canadians who experienced personal health challenges or major life events had fewer investable assets.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
1 in 5 Canadians are DIY investors. DIY investing is more popular among racialized Canadians (28%) than it is among non-racialized Canadians (18%).
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
Racialized Canadians are more likely to self-report having a higher risk tolerance (16%) compared to other Canadians (6%).
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
About 1 in 5 Canadians say they have been exposed to possible investment fraud; of those, 14% reported it, 81% did not and 5% did not know.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
About half of Canadians do not own investments, citing not having enough money to invest as the top reason.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
18% of Canadian investors did not submit a formal complaint when they had concerns about their investment accounts, citing "nothing would come of it" as a top reason.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
40% of Canadian investors think industry disclosures are adequate.
Initiative: Investor Survey
Adopter: Canadian Investment Regulatory Organization
After being enrolled in a debt reduction program for up to two years, the total amount of debt paid off is $1 million across 186 participants, or over $5,000 per person on average.
Initiative: Credit Canada GOLD
Adopter: Credit Canada
The Financial Consumer Agency of Canada does not endorse, directly or indirectly, any adopters of the Measurement Plan, nor does it make any representations or warranties, express or implied, concerning the adopters' products or services or their fitness for a particular purpose.
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