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The Financial Challenges of Being a Young Canadian

It is a common enough trope that people do not save enough, either for retirement or just generally in life. We are a society awash in debt, with some estimates showing Canadians carrying an astonishing $27000 of non-mortgage debt and an average of¬†three credit cards. This financial misalignment, between how much we spend (bad) and […]

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Super Cool New Device Won’t Fix the Economy

Apple just unveiled its new watch (called the Apple Watch no less) and briefly I watched the stock price climb quickly as the promise of Apple’s great new thing came to life. But before Apple had its big webcast yesterday, I was actually having a look at this nifty thing called NAVDY. NAVDY seems like […]

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Why The ALS Ice Bucket Challenge Made Economic Sense

This week it seemed that much of the media hype around the ALS Ice Bucket Challenge died down as it gradually became eclipsed with other news. In case you somehow missed what this viral sensation was, it went something like this. What started as a youtube video of someone giving $100 to an ALS charity […]

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Russia’s Trade War Shows Europe to be The Better Economy

Since I first wrote about the Ukraine¬†much has happened. Russia has been unmasked as a bizarre cartoon villain seemingly hellbent on destabilizing the Ukrainian government, assisting “rebels” and being indirectly responsible for the murder of a plane full of people. All of which came to a head last week when it appeared that Russia might […]

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Correlation: Or How I Learned to Stop Worrying About the Market and Love Diversification

This year has seen further gains in the stock market both in Canada and the United States. But after five straight years of gains (the US is having its third longest period without a 10% drop) many are calling for an end to the party. Calling for a correction in the markets isn’t unheard of, […]

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