Record Savings Levels! Canadians? I thought we had Record personal debt?
Wait a minute.. Record savings? Yup, that’s right.. Canadians are sitting on more cash than ever before. A record $75billion, according to a study published today by CIBC economists Ben Tal and Royce Mendes. Click here to read more
Yet, earlier this month, we saw a flood of articles warning of ‘Record personal debt levels’. Which strongly implied we were borrowing and spending like fools. So which is it? Record debt or record savings? Continue reading “Record Savings Levels! Canadians? I thought we had Record personal debt?”