By Jim Wilson
Source: Canadian HR Reporter
Two-thirds (67 per cent) of Canadians feel that the country is facing an emerging retirement crisis, according to a new report.
Why? More than six in 10 (63 per cent) have not set aside anything for retirement in the past year, up by five per cent from data recorded in 2020.
Plus, 65 per cent said that saving for retirement is prohibitively expensive, according to the Healthcare of Ontario Pension Plan (HOOPP).