(logo courtesy of BMO)
The 2009 RRSP deadline has passed and a new survey finds a lot of Canadians cheaped out on contributing this year.
Bank of Montreal Financial Group found that 68 per cent of us did not have money for lump sum contributions to their RRSP’s.
BMO’s Jason Schella tells CHSJ News the economy is one factor in that result.
Schella adds if you set up an automated savings account then you don’t need to worry about making a large payment by the RRSP deadline.
