Stocks in play: BMO

Said its 13th annual Retirement Study reveals Canadians are prioritizing retirement savings as both contributions and account holdings have increased from the previous year. The study found that Canadians believe they will need $1.7 million to retire, up 20% from 2020 ($1.4 million). However, fewer than half (44%) of Canadians are confident they will have enough money to retire as planned, a 10 per cent decrease from 2020. BMO shares T.BMO are trading up $0.64 at $136.10.

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