Posted by & filed under Economic Analysis, Financial analysis, Financial Planning, Growth & Valuation, Market Analysis, Personal Finance.

Description: The financial cushion that Canadians were able to build up when pandemic-related restrictions were in place has largely evaporated, according to Statistics Canada, as household budgets feel the pinch from a number of economic strains.

​Source: Yahoo.Finance.com

Date: Oct 03, 2022

Link: https://ca.finance.yahoo.com/news/pandemic-savings-erased-amid-perfect-storm-of-economic-pressures-stat-can-170021198.html

Questions for discussion:

  • What does the report say about the condition of Canadian savings and wealth accumulation?
  • What should investors do today, in your opinion?

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