After the financial crisis, I asked one of our executives how Canada had managed to sidestep the deep pain felt in the U.S. "I'm not sure we did," he pushed back. "Maybe it just hasn't happened yet." Fast forward to 2017 and here we are, fretting over housing bubbles and record-high debt levels.
Economics blogger and assistant vice-president, market insights at Sun Life Financial
Kevin Press is an award-winning marketer and journalist. As Assistant Vice-President, Market Insights at Sun Life Financial, he's currently focused on economics, personal finance and retirement planning. His e-book – Understanding Unretirement – was released in 2014. Before joining Sun Life, Kevin worked as a journalist for a number of business magazines including Benefits Canada and Advisor's Edge.
Assuming he makes good on his promise to spend big on infrastructure projects as a means of boosting the U.S. economy, two possible outcomes exist. Which of those happens -- or more likely, what mix of the two -- depends on a fundamental question. Is the U.S economy operating at or near full capacity?
01/24/2017 12:42 EST
Money worries exist across income levels, and across the country. A new study fielded by Ipsos has found that three in 10 Canadians say they feel insecure about their financial health, defined as "a state of overall well-being where a person can fully meet current and future financial obligations to enjoy the things that matter most in life."
12/22/2016 07:59 EST
11/28/2016 02:46 EST
Canada's seven per cent national unemployment rate masks the very real fear older workers have about job loss in the years leading up to their retirement. It is true that many employers are developing progressive policies that cover how to accommodate an aging workforce.
10/26/2016 01:15 EDT
SUBSCRIBE AND FOLLOW
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Learn more