OTTAWA - A report by HSBC suggests that nearly half of working-age Canadians are not saving for retirement.

The big international bank says 48 per cent of pre-retirees in the country say they have not started or are not currently saving for their life after work.

The poll was part of a global retirement report done by HSBC.

The survey also found that one in five working-age Canadians say that money from downsizing or selling their home or a secondary property will help pay for retirement.

That was nearly twice the global average of 12 per cent and more than the five per cent of current Canadian retirees.

The poll also found that Canadian retirees were among the "happiest," with 72 per cent reporting they feel happy in retirement -- second only to retirees in Mexico at 80 per cent.