Every few years Statistics Canada conducts a detailed survey on the state of Canadian household finances, called the Survey of Financial Security. These
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How Governments Cause Inflation
Many people today believe that the creation of money “out of thin air” by central banks is one of the primary causes of
Continue readingInflation, Asset Prices, and the Policy Mechanism, Explained
To the casual observer it may seem absurd to suggest that the recent run-up in both inflation and asset prices is primarily a
Continue readingAsset Allocation, Canadian-Style
Household net worth changes over the years, and with it the distribution of assets that make up household net worth. From year-to-year long-term
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