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BMO Investment Survey: Concerns About the Economy Emerge, Despite Rising TFSA Values

BMO Investment Survey: Concerns About the Economy Emerge, Despite Rising TFSA Values Ca...

articleBank Of MontrealJanuary 20, 20255/company/bank-of-montreal-8/news/bmo-investment-survey-concerns-about-the-economy-emerge-despite-rising-tfsa-values
BMO Investment Survey: Concerns About the Economy Emerge, Despite Rising TFSA Values

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[{"type":"text","content":"\n\n\n\n BMO Investment Survey: Concerns About the Economy Emerge, Despite Rising TFSA Values\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: LEFT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prncbts{\nBORDER-TOP:black 0.5pt solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnbrbrs{\nBORDER-RIGHT:black 0.5pt solid\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n 63% of Canadian investors are concerned about the potential for a recession in the next\n \n\n 12\n \n\n months, counter\n \n\n to\n \n\n consensus economic\n \n\n forecasts\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n Jan. 20, 2025\n \n\n /CNW/ - Amid a challenging economic environment, many Canadians are increasingly concerned about the future of the Canadian economy, according to the latest BMO Investment Survey. While Canadians are concerned about the macroeconomic situation, the survey also reveals it was a generally positive year for investors, with Tax Free Savings Account (TFSA) values on the rise and reaching record levels. With higher TFSA values, respondents also indicated they are seeking financial advice, especially during these uncertain economic times.\n \n\n \"It was a good yea...

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