Canadian households will have to start cutting back and not because of higher rates. It’s the opposite, with low rates now producing toxic price growth for goods and services. Statistics Canada (Stat Can) data shows the average weekly wage saw a substantial increase in December. A closer look shows that rate failed to keep up […]
Canadian and American real estate prices are both at frothy valuations, but look nothing alike. US Federal Reserve (The Fed) data shows home prices grew faster than incomes in Q2 2021 for both countries. The difference is, this has been a long-term trend for Canada since 2005. Meanwhile in the US, home prices have only […]
Hoping to win the title of being one of Canada’s highest-earning households? It’s an easier hurdle to clear than it used to be — though let’s be honest, it’s still difficult to cross. Statistics Canada (Stat Can) data shows the results of 2019 tax filings. The threshold for being a top-earning household made a small […]
