Canada’s lofty disposable income growth made a sharp pull back in Q3 last year. US Federal Reserve data shows real disposable income generally improved in the latest numbers. Canada was a notable exception, making a sharp quarterly drop. Even with the drop, the country manages to squeeze out the biggest gains of any country since […]
Canada’s narrow money supply is pointing to a big return to production and consumer spending. Bank of Canada (BoC) data shows the M1+ gross money supply reached a new all-time high in September. The measure of money supply has experienced the highest rate of growth seen in decades… in the middle of a recession… during […]
Canada’s national tax agency clarified a major news organization’s allegations of CERB “ineligibility” is, well… not entirely accurate. The Canada Revenue Agency (CRA) responded to our request for clarification on tax-filer application data yesterday. CRA spokesperson Pamela Tourigny didn’t just clarify the data, but also generously provided their take on CERB fraud, and how they […]
