In Greece, tax evasion is a cultural norm that goes back to the occupation of the Ottoman Turks and the heavy taxes they imposed. Today, … Read More
Rising Cost of Food Drives Inflation in May
Statistics Canada released May’s inflation figures this morning, the consumer price index rose 0.6% in May. On a year-over-year basis, the consumer price index increased … Read More
Gold and The Birth of Inflation
Ben Bernake, former chairman of the Federal Reserve, has famously said that ‘no one really understands gold…including himself.’ You can’t eat or drink it or use … Read More
Engineering Inflation: How Much do the Numbers Really Mean?
If you feel like the pint-size inflation numbers reported by Statistics Canada over the past quarter century do not really capture your experience as a … Read More
Why Canada Needs to Pay Attention to Inflation and Interest Rates South of the Border
Historically, economic growth here in Canada has been highly correlated with growth in the United States. In fact, the bordering countries are the world’s largest … Read More
Inflation Lags in April Due to Falling Energy Prices
This morning StatCan released sluggish Consumer Price Index numbers for April. For the year ending in April 2015, the CPI rose 0.8% versus a rise of 1.2% for … Read More
Low Inflation and the Growth of Personal Debt in Canada
Growing Household Debt Recent headlines have touted the dangers of rising personal debt in Canada. Personal or household debt includes mortgages, credit cards, auto loans, student … Read More
Canadian Food Prices Likely To Continue Their Climb
Most Canadians cannot help but notice that prices at the supermarket are on the rise. Everything from apples and cheese to beef, pasta and fish … Read More
Understanding Inflation in the Global Economy
Inflation is largely understood within the confines of a closed economy. Yet, the very idea of a closed economy is increasingly theoretical. Global trade is … Read More
Factoring Inflation Into Your Retirement Plans
Inflation is certainly a thorn in the side of our retirement plans. The average Canadian can expect to live for about 82 years and according … Read More
