Western Canadians Look to Home Equity for Retirment Funds

CALGARY — More residents of Western Canada, including Alberta, than in Canada consider the equity they are building in their home as an alternative source of funding for retirement, says a report released today by the BMO Retirement Institute.

The report said 39 per cent of Western Canadian residents, which included Alberta and British Columbia, believe that living comfortably in retirement is the most important financial accomplishment to achieve over a lifetime. Nationally, it was 32 per cent.

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Alicia Colquhoun

Alicia Colquhoun

CENTURY 21 Bamber Realty Ltd.
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