3 EM 1 – 01/06/2022

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The Effects of the Climbing Loonie

For the past year the Canadian dollar has been slowly climbing as economists predicted it would. The addition of 60,200 Canadian jobs in the latest strong jobs report has been the cause for the recent surge resulting in the loonie closing at 98.24 over the March 14 weekend.

Hard Times Lead to an Increase in Stealing, Overshopping and Overspending

In the wake of the recent financial crises involving the mortgage, investment banking, and insurance industries, all eyes are on Barack Obama and the new administration to push all the right buttons for an economic turn-around. Consumer and investment confidence teeters in the balance.

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