Majority of Canadians want to invest more but say they cant afford

TORONTO – A majority of respondents to a new poll about retirement savings feel they haven’t invested enough but say they just don’t have the extra money to put away.The annual survey by Scotiabank found that 64 per cent of those polled cited affordability as an obstacle for them to invest in their RRSPs by the March 1 contribution deadline.That figure is up this year from 59 per cent in 2011 and 53 per cent in 2010.The poll also found that 81 per cent say they haven’t invested enough, compared with 76 per cent in 2011 and 71 per cent a year earlier.Only 17 per cent of those polled say they don’t have any investments at all, compared to 21 per cent last year.Mike Henry, Scotiabank’s senior vice-president and head of retail payments, deposits and lending, urges people who are serious about investing to come up with a financial plan.“Within the framework of a good financial plan, even small contributions can have a big impact over time and get people to the place they want to be financially,” he said in a release.The survey also found that 39 per cent say they wish they had invested at an earlier age, with 23 per cent agreeing that in retrospect, they would’ve spent less and contributed more to their investments.Of those who do have retirement investments, 51 per cent started setting aside money before they turned 30 years old.The poll also found that savings accounts or mutual funds (64 per cent) were still the most popular vehicle for putting away money, followed by RRSPs (56 per cent) and tax-free savings accounts (44 per cent).The poll was conducted online using a Harris/Decima propriety panel that surveyed 1,003 people from a random sample of adults aged 18 and over from across Canada.The survey was conducted from Nov. 28 to Dec. 13, 2012. by The Canadian Press Posted Jan 15, 2013 10:36 am MDT Majority of Canadians want to invest more, but say they can’t afford it: poll AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

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Bills QB Allen returns to beat Jaguars silence Ramsey

ORCHARD PARK, N.Y. — While leading the Buffalo Bills to a second straight win, it sounds as if rookie quarterback Josh Allen might have made a positive impression on one of his harshest critics.After he was reminded this week of how Jacksonville cornerback Jalen Ramsey once referred to him as “trash,” Allen was making his way off the field following a 24-21 victory over the Jaguars on Sunday when he was tapped him on the back. Allen turned to see Ramsey with his hand outstretched.“He just shook my hand and said, ‘Good job,’” Allen said.“He’s an ultimate competitor just like myself, and maybe it’s a respect thing. I’m not really sure,” he added. “But I appreciate that, and it takes a big man to do that.”Showing few signs of the sprained right elbow that sidelined him the past five weeks, Allen completed a 75-yard touchdown pass to Robert Foster. Then the 22-year-old Allen punctuated his return by posing in the end zone with his biceps flexed after breaking two tackles and scoring the go-ahead touchdown on a 14-yard run at the start of the fourth quarter.“I love the fire. He personifies Buffalo, right? He’s a hard worker, blue-collar kid, and loves to compete,” coach Sean McDermott said. “He’s still so young, so again, let’s manage expectations. It was a good start for him.”Ramsey credited Allen for leading the Bills to the victory, but didn’t exactly take back the comments he made about the quarterback in a story published in GQ magazine in August.“It doesn’t matter what I said. I’m sure that’s really what he was thinking,” Ramsey said. “You can have opinions, but it’s about what you go out there and do. And what he did was go out there for his team and get a win.”Allen was far from perfect while exhibiting some of the inconsistency he showed while going 2-3 before he got hurt in a 20-13 loss at Houston on Oct. 14. He finished 8 of 19 for 160 yards, and his touchdown to Foster was the longest completion by a Bills quarterback since Week 2 of the 2016 season.Allen also had a team-leading 99 yards rushing to set a franchise record for quarterbacks.The Bills finished with 327 yards of offence for their second-best total this season and their top total with Allen at quarterback. He also didn’t turn the ball over, after throwing five interceptions and losing a fumble in his previous six appearances.It was the type of development McDermott wanted to see from Allen. He started the rookie ahead of journeyman Matt Barkley, who led Buffalo to a 41-10 win over the New York Jets before the Bills’ bye week.The Bills invested plenty into Allen by trading up five spots to select him seventh overall — the highest position in the draft order Buffalo has ever chosen a quarterback.“It was a good start for him,” McDermott added. “That’s a heck of a defence out there.”Allen set up Buffalo’s first touchdown drive — a 6-yard run by Isaiah McKenzie — with a 32-yard pass to Kelvin Benjamin, who was being covered by Ramsey.The Bills then scored on their next possession on Allen’s pass to Foster. Standing in the pocket, with pass-rushers Yannick Ngakoue and Dawuane Smoot closing in on him, Allen found Foster wide open up the right sideline.Allen didn’t get to see the completion because he was hit just as he released the pass.“Whether I’m standing up or laying down on the ground, a touchdown is a touchdown and that feeling won’t change,” he said. “It was awesome.”Bills safety Jordan Poyer was impressed by what he saw from Allen.“Jalen can say whatever he wants to say about Josh, but Josh came in there and handled that defence today,” Poyer said.Allen played down any hint of bitterness he might hold against Ramsey.“There was a lot of trash-talking before and after, but ultimately my job is to go out there and help this team win football games,” he said.___More AP NFL: https://apnews.com/NFL and https://twitter.com/AP_NFLJohn Wawrow, The Associated Press read more

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