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Daily Archives: May 21, 2019
Understanding generational pain and how to ease it
Longer life expectancy as well as years of overspending and debt accumulation along with two decades of precarious financial markets, and lower-than-average income yields, are prompting Baby Boomers (age 73 to 55) to stay in the workforce longer than past … Continue reading
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Loose lending standards are the cancer not the cure
The Bank of Canada (BOC) last week flagged the fragile nature of highly indebted Canadian households and said 42% of households would struggle to refinance their mortgage if home prices fall 20%. While mortgage and real estate brokers are calling … Continue reading
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