Benjamin Tal
Benjamin Tal
items less people spending surprised taking
So I will not be surprised to see consumption of other items going down, like people taking less vacations, spending less on furniture, or any other items that are non-essential.
actively age aside benefit building canadians groups households likely matter money nest putting rainy saving savings
Canadians of all age groups are not saving enough actively by putting money aside for a rainy day. How much savings is enough is a matter for debate, but most Canadian households would likely benefit from building a little nest egg.
canadians compared early environment order practical previous realize return saving start suggest
The practical implication of this environment is that young Canadians must start saving very early in their lives, compared to previous generations in order to realize the same inflation-adjusted return on their savings. Our findings suggest this is not happening.
exactly gain jobs lose low quality seeing ways
There are two ways of seeing quality decline. One is that you lose high-quality jobs or you gain low quality jobs, and that is exactly what's happening.