The percentage of Canadian households that have fallen into debt of more than 250 percent of gross income has doubled during the past ten years. Here is a direct link.
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Canadian households deeply in debt has doubled in past decade
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Educating Rita
Yesterday on Canada Day I shared my all time favorite film with my daughter.
It has been many years since I last saw Educating Rita, but I have to say that it stands the test of time brilliantly.
I was amazed to find it here on line for free for anyone who has not yet had the pleasure.
Heartwarming, funny, valuable insight into the dynamics of class, education, enlightenment and the human condition.
It must be my working class UK heritage, as Billy Elliot remains my all time favorite musical as well. Definitely a theme here…
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Bank risks as Fed backs off QE
Former Federal Deposit Insurance Corp. Chairman Sheila Bair talks about financial regulation and U.S. banks’ exposure to an increase in interest rates. Bair, now a senior adviser to the Pew Charitable TrustsHere is a direct link.
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