2023
8
Canadian Attitudes towards Investing Consumer Report 2023
2024-01-08T04:01:39+00:00
REPC3B78E51_2D95_44EA_B1A1_CC66DFC99B05
3695
169391
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Report
en_GB
A burgeoning segment of young investors has increased the dominance of banks as an investment institution, while new Canadians seek digital alternatives. Patrick Rahlfs, Senior Research Analyst…
Canada
Consumer Attitudes
Savings and Investments
simple

Canadian Attitudes towards Investing Consumer Report 2023

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    • Key issues covered in this Report
  1. Executive summary

    • Graph 1: investment institutions, by year, 2022-23
    • Graph 2: switching to less risky investments, by investor type, 2023
    • Graph 3: attitudes toward investment decisions, by new Canadians, 2023
  2. Consumer Insights

    • Consumer fast facts
    • Investment products
    • Graph 4: investment account ownership, 2023
    • Graph 5: investment product ownership, by race, 2023
    • Graph 6: investment product ownership, by region, 2023
    • Institution type
    • Graph 7: use of investment institutions, 2023
    • Graph 8: use of investment institutions, by age, 2023
    • Graph 9: use of robo-advisors, by age, 2023
    • Graph 10: use of investment institutions, by investor status, 2023
    • Graph 11: use of investment institutions, by race, 2023
    • Investing behaviours
    • Graph 12: attitudes toward social investment and social platforms, 2023
    • Graph 13: social media investing behaviors, 2023
    • Graph 14: investment activity and advice, by institution type, 2023
    • Graph 15: ownership and interest in FHSAs, 2023
    • Graph 16: need for $1 million in savings, 2023
    • Switching factors
    • Graph 17: motivations to switch investment companies, 2023
    • Graph 18: switching motivations, by age, 2023
    • Graph 19: switching motivations, by race, 2023
    • Graph 20: switching motivations, by household income, 2023
    • Graph 21: switching motivations, by parental status, 2023
    • Attitudes toward investing
    • Graph 22: attitudes toward risk and investing, 2023
    • Graph 23: attitudes toward investing, by age, 2023
    • Graph 24: attitudes toward risk and investing, by gender, 2023
    • Graph 25: attitudes toward investment decisions, by new Canadians, 2023
    • Graph 26: attitudes toward investment activity, by household income, 2023
    • Graph 27: attitudes toward investing, by region, 2023
    • Graph 28: attitudes toward saving for children’s future, 2023
  3. Competitive strategies

    • Marketing and advertising
    • Graph 29: marketing spend by channel, 2020-23
  4. The Market

    • Market drivers
    • Graph 30: Consumer Price Index, 12-month % change, 2018-23
    • Graph 31: population by age segment, 2002-22
    • Graph 32: top places of birth of immigrants, 2016-21
  5. Appendix

A burgeoning segment of young investors has increased the dominance of banks as an investment institution, while new Canadians seek digital alternatives.

Patrick Rahlfs, Senior Research Analyst

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