
Home Economics: Are low rates driving you toward a shopping spree?
The low-interest rate environment may be pushing Canadians to spend more, according to the latest MNP Consumer Debt Index.
The low-interest rate environment may be pushing Canadians to spend more, according to the latest MNP Consumer Debt Index.
The amount of money flowing into Canadian exchange traded funds (ETFs) spiked by 49 per cent in 2020 from the previous year to a record $41 billion, according to a National Bank of Canada study.
Socially responsible investing, including those based on religious beliefs, is a growing trend in Canada with assets under management surging to $3.2 trillion last year, up from $2.1 trillion in 2017, according to the Canadian Responsible Investment Trends Report.
Tal said that the divergent job trends among the lowest and highest earners in Canada is far worse than originally feared, exacerbating long-running issues of income inequality.
This is one of the scariest financial disconnects I've witnessed lately.
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