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Canadian Young Adults And Registered Retirement Savings Plans

Toronto, ON – According to a recent study conducted by Ipsos-Reid on behalf of the RBC Financial Group, half (53%) of young Canadian adults 18-34 years of age have an RRSP, up from 44% two years ago. Moreover, 51% have already contributed or plan to contribute to an RRSP for the 2004 tax year (up from 41% for the 2002 tax year).

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