I was glad to see the Globe’s Boyd Erman join me yesterday in the campaign to deal with Canada’s never-ending mortgage party. Twelve months ago, I described the pending financial hardship that would befall...
Is the consumer up to his/her eyeballs in debt? Depends upon whether you are thinking on a gross or net basis. Looking at the corporate loan books of the Canadian banks (see prior post...
I read in one of my daily papers that consumer debt is now the big risk to the economic recovery. Although I didn’t know that all of the other risks were now behind us,...
Canadians appear to have been girding for a long recession, according to the savings data that is buried in the Bank of Canada’s Weekly Financial Statistics data. But all Canadian businesses have been able...
Recent Comments