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Negative Rates Can’t Save the Canadian Consumer

A new report from RBC, highlights consumer insolvencies jumped a rather alarming 9.5% in 2019, the largest annual increase since 2008-09 during the great recession. This is a pretty thought provoking development when you consider that insolvencies are rising rather quickly despite record low interest rates and an economy at full employment. Not to mention […]

The post Negative Rates Can’t Save the Canadian Consumer appeared first on Steve Saretsky.

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