Every week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.
In this week’s selection, we lead with a discussion on a proposal to enhance RRSPs, then move to a report reviewing Canadian retirement preparedness, and finish with a piece looking at the impact of a strong US dollar.
Enhanced RRSPs proposed to get more Canadians to save for retirement (http://www.thestar.com/) – Ottawa is being urged to reconsider enhancing RRSPs as a way of getting more Canadians to save for retirement. The paper by the C.D. Howe Institute says policy-makers often overlook improving Registered Retirement Savings Plans because, it is argued, not enough people actually make contributions…
Report plays down doom-and-gloom retirement savings picture (http://www.theglobeandmail.com/) – The argument that Canada needs a forced retirement savings plan is overstated and there are better ways to help allegedly poorly-saving Canadians squirrel away more money, a new report says. A closer look at the relevant data indicates that Canadians who rely on private savings actually use registered retirement savings plans (RRSPs) more than is believed, according to a C.D. Howe Institute study published Thursday.
The U.S. dollar has been strengthening for 3 straight years! (That’s not good news.) (http://www.theweek.com/) – After listening to naysayers and inflation hawks intone for years that the Federal Reserve’s monetary policy would weaken the dollar and spike inflation, it’s perversely gratifying to see that — even after all that money printing — the dollar has strengthened over the last three years…
Come back next week for more interesting news and articles. Enjoy your weekend!
