What's the Top Financial Priority for Canadians?

According to a recent article by it's paying off your mortgage. What percentage of Canadians are making it their top priority and what are some of the other important priorities? The details are within the full article below:
"More than a third of Canadians polled by CIBC said that paying off their mortgage sooner was a key financial goal."

Among those with a financial plan, saving for retirement was the priority of more than half while eliminating credit card or other debt was in joint second place alongside clearing the home loan.

"While most of us have a fairly good sense of our financial goals, so many Canadians do not have a clear road map in place to achieve what they want today – and tomorrow," says Sarah Widmeyer, Managing Director and Head of Wealth Strategies, CIBC. 

Even among those with no clear financial plan, 80 per cent are confident that they could manage in the event of an emergency home repair and 58 per cent are confident in their ability to manage if someone in the household lost their job."


For ideas and help on paying down your mortgage faster or even any of the other financial priorities feel free to give me a call or email me at anytime.



Tony Marchigiano

Mortgage Broker
310-328 West Hastings Street
Vancouver, BC


*indicates required fields.

Meet the team

  • Will Pratt
  • Justin Sabbagh
  • Mike Wilcox

Mortgage Calculator

Purchase Amount:
Down Payment:
Interest Rate:
Payment Interval:
Mortgage Term (Years)
Total Payments:
Total Amount Paid:
Total Interest Paid:


The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.