Description: The era of historically low interest rates, which inflated Canadians’ wealth and facilitated their spending, is coming to an end.

Source: BNNBloomberg.ca – video report

Date: Jan 21, 2022

Link: https://www.bnnbloomberg.ca/debt-strapped-canadians-brace-for-a-risky-rate-hiking-cycle-1.1711107

Questions for discussion:

• Summarize what the report says is coming and how investments and spending are likely to be affected.
• Do you agree with this assessment?
• What would you advise investors?
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