Category Archives: Main Page

Retail bellwethers warn on recessionary trends

Posted on May 30, 2023 by Danielle Park

Last week, Costco joined the long line of retail bellwethers sounding the alarm on recessionary trends in consumer spending. It’s everywhere. It’s everywhere. See What Costco’s baskets reveal about consumer finances, to wit: The latest evidence came from Costco whose … Continue reading →

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Lessons to be learned in property pain

Posted on May 29, 2023 by Danielle Park

The latest CMHC report notes that Canadian household debt totalled 107% of the country’s economic output at the end of 2021–the highest of any G7 country–and up from 95% in 2010 and 80% in 2007. Household debt has risen since … Continue reading →

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Danielle on CBC Weekend Business Panel

Posted on May 27, 2023 by Danielle Park

Danielle appeared on CBC’s Weekend Business Panel talking about the CMHC report on Canadian household debt levels, AI mania and the US debt ceiling. Here is a direct video link.

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