This is Crazy
As announced by Statistics Canada May 18, 2022 the cost of living continues to rise at the fastest pace in decades, rising at a 6.8% annual pace in April. The CBC blames global factors including the war in Ukraine disrupting…
As announced by Statistics Canada May 18, 2022 the cost of living continues to rise at the fastest pace in decades, rising at a 6.8% annual pace in April. The CBC blames global factors including the war in Ukraine disrupting…
The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which…
The MNP Consumer Debt Index has dropped by a staggering seven points through its nineteenth wave to sit at 88 points. Latest survey results released January 17, 2022 reveal deep-seated pessimism around the amount of debt households already have,…
While a majority of households say they’ll be hurt by higher borrowing costs, they are much more concerned about the rising cost of living, according to polling late last month by Nanos Research Group for Bloomberg News. Almost nine in…
The ratio of Canadian household debt-to-income rose to 177.3% in the third quarter from 175.6% in the second quarter of 2021 according to a Statistics Canada report release Dec 10. National net worth rose by 3.1% to $15.94 trillion or…
Two lines of thought exist on the subject of inflation Economists at the Bank of Canada and some academics believe that supply-chain bottlenecks and labour shortages are behind Septembers 4.4 percent increase in the CPI. Economists who have…
Mikko Packalen, an Associate Professor of Economics at the University of Waterloo and Jay Bhattacharya, a professor of medicine at Stanford University and a research associate at the National Bureau of Economic Research…
If our culture of trust and freedom is to flourish, we individuals must live out a few certain simple principles. Freedom is not the permission to do what we like, but the power to do what we ought. Exercise…
Canadian households, wooed by historically low interest rates, have accumulated mortgage debt at a rate never seen in a recessionary period. Are they ready for higher mortgage interest rates? In a recently released joint whitepaper, Equifax Canada and CIBC take…
Below is a powerful excerpt from Jordan B. Peterson as it appears in his book Beyond Order – 12 More Rules for Life (page 348). Word for word. We’ve simply taken the paragraph and parsed it into 5 distinct pieces…