CSA/ACVM |
Canadian
Securities Administrators |
Autorités
canadiennes en valeurs mobilières |
For Immediate Release
January 22, 2003
Your Financial Security in Retirement
Montréal More and more Canadians over the age of 50 are investing their savings in an attempt to guarantee their financial security in retirement. Regardless of whether your personal investments will be your primary or a secondary source of income during retirement, the main concern is protecting your capital and maximizing its growth.
"If you are an investor who is either currently planning for retirement or already enjoying retirement, know how to make sound investment decisions to protect your capital and maximize its growth," said Doug Hyndman, Chair of the Canadian Securities Administrators (CSA). The CSA is the umbrella organization representing the 13 provincial and territorial securities commissions.
The following basic principles will help ensure your financial security in retirement:
Based on this information, your financial expert will be able to help you create your investor profile. Dont be afraid to ask questions about how your investments are being managed and whether or not the strategy and investments suggested by your financial expert suits your situation.
For additional information, please contact the securities regulatory organization in your province or territory for a free investor education kit. You may also visit the CSAs web site at www.csa-acvm.ca.
-30-
Media Relations Contacts:
Commission des valeurs mobilières du Québec Barbara Timmins 514-940-2199, ext. 4434 1-800-361-5072 (Québec only) www.cvmq.com |
B.C. Securities Commission Andrew Poon 604-899-6880 1-800-373-6393 (B.C. & Alberta only) www.bcsc.bc.ca |
Alberta Securities Commission Joni Delaurier 403-297-4481 www.albertasecurities.com |
Manitoba Securities Commission Ainsley Cunningham 204-945-4733 1-800-655-5244 (Manitoba only) www.msc.gov.mb.ca |
Ontario Securities Commission Eric Pelletier 416-595-8913 1-877-785-1555 (toll free in Canada) www.osc.gov.on.ca |
N.B. Securities Administration Branch Christina Taylor 506-658-3060 1-866-933-2222 (New Brunswick only) www.investor-info.ca |
Nova Scotia Securities Commission Nick Pittas 902-424-7768 www.gov.ns.ca/nssc |
Securities Commission of Newfoundland and Labrador Susan W. Powell 709-729-4875 www.gov.nf.ca/gsl/cca/s |
Registrar of Securities Department of Justice/Government of the Northwest Territories Tony Wong 867-873-7490tony_wong@gov.nt.ca |