The Bank of Canada and other central banks around the world have artificially lowered interest rates, making investment and risk-taking much cheaper.
Other Topics
Canadians are clearly not convinced that Ottawa engaged in responsible resettlement during refugee crisis.
Intergenerational income mobility is much higher for children of parents with lower levels of income.
Higher home prices are strongly associated with restrictive land-use regulations.
On Monday, Canada’s finance ministers announced an “agreement in principle” to expand the Canada Pension Plan (CPP), which will force Canadians to contribute more to the program.
Canadians may be forced to contribute up to an extra $3,250 more to the CPP each year.
Accounting for non-pension assets in projections of future retirement income makes a difference.
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