|
TD Bank: Canadian home prices to drop up to 25% by early next year. - Bank of Canada will likely increase interest rate again and by 50 basis points - Bank of Canada takes to Twitter to defend itself against charges it has been massively printing money: "you asked us if we took to printing cash to finance the federal government. We didn't." - Financial Consumer Agency of Canada reports that 25% of Canadian fall behind on monthly bills now, while 22% borrow from friends and family to stay afloat. 13% are falling behind on bills and credit commitments. 24% say household expenses are more than they earn each month. 35% say they're keeping up, but it's a struggle. Guest: Dr. Eric Kam. Macroeconomics professor at Toronto Metropolitan University. Learn more about your ad choices. Visit megaphone.fm/adchoices |