Author Archives: Danielle Park

Canada’s unemployment rate rose to 6.9% in December, now up 210 basis points (bps) from the 4.8% low in June 2022 (below in blue). The U.S. unemployment rate, at 4.2%, has risen 80 bps since it bottomed in April 2023. … Continue reading →

Asset bubbles create unproductive debt and uneconomic pricing, which magnifies financial trauma as prices reverse.  Most Canadians now live in cities where the average home price is five to twelve times the average household income (shown below, courtesy of WOWA.ca). … Continue reading →

A massive population followed by 36 years of a one-child policy (1980 to 2016) magnified the demographic strains building in China. Still, similar generational flashpoints are growing in most developed countries today. Compromise, fresh thinking and more efficiency/less waste are … Continue reading →