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Savings the ‘collateral damage’ of central bank policies
“We’ve seen this movie over and over again”– imprudent monetary policies encourage reckless behavior and a misallocation of capital resources so that risk seeking buyers and savings in our society become collateral damage of the quest to ‘rescue’ bankers at … Continue reading
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Massive opportunity in retooling to a sustainable economy
The Canadian Labour Congress (CLC) has proposed a plan called ‘One Million Climate Jobs: a challenge for Canada’ that will help Canada reduce its greenhouse gas emissions by a 1/3rd and create sustainable climate jobs, allowing workers to transition away … Continue reading
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Canada the indebted
Canada’s total reported consumer debt recently hit an even higher high at $1.621 trillion up from $1.529 trillion a year ago. And a study released today by Equifax Canada finds that Albertans have the highest average debt load in the … Continue reading
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