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Canadian Households Are Hoarding Cash, Here’s What That Means

Canadian households began to sock away a little extra cash before the pandemic. Statistics Canada (Stat Can) data shows the household savings rate reached a 20 year high in Q1 2020. The rate had been growing steadily since 2018, as households diverted their spending to savings. Here’s what it means. Household Savings Rate The household […]

The post Canadian Households Are Hoarding Cash, Here’s What That Means appeared first on Better Dwelling.

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