An Orchestrated Collection Of Information – 2024 CSA Investor Index

In late June, the Canadian Securities Administrators (CSA) published the 2024 CSA Investor Index (Index). This is the sixth iteration of the Index, with the previous version published a little while ago in 2020. The long-running survey is designed to track certain key measurements in the investment industry, including investor knowledge, confidence, risk orientation, behaviours, use of information and investor fraud.

The following are some of the key findings published in the Index:

1. More Canadians are using social media for investment information, especially younger Canadians: Compared to 2020, there has been an 18-point increase (to 53%) in the number of investors who use social media for investment information, with YouTube being the most frequently chosen application by respondents. The use of social media for investment information is more prevalent in younger cohorts, with 82% of 18–24-year-old investors using it as a source for information. There has