VANCOUVER, June 29, 2017 /CNW/ - While the majority of parents in Canada contribute towards their child's postsecondary education (76% vs. global average of 87%), students in Canada are the most likely across all markets
surveyed to also help fund their own educational goals (42% vs. global average: 15%).
This, according to a new global study commissioned by HSBC – The Value of Education: Higher and higher – based
on a survey of more than 8,400 parents across 15 countries and territories worldwide.
"The good news is that Canadians take a proactive approach to financing their child's education," said Larry
Tomei, Executive Vice President and Head of Retail Banking and Wealth Management, "Taking advantage of
registered education savings programs, or scholarships and bursaries is key, however, there is still opportunity to do even more."