Tag: capital
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Canada Debt Becoming Unmanageable Economists Warn
With the Canadian government’s high debt-to-GDP ratios, such as a ratio of debt to nominal GDP sitting at 68 percent in March 2023, economists warn that government debt could become unsustainably high if Ottawa fails to reduce spending, increase productivity, and re-establish business confidence. “We’re not growing our income per capita, which means that we’re…
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International Monetary Fund- World Economy Still Recovering
The IMF announced today (Tuesday, April 11, 2023) in the World Economic Outlook’s press briefing that the baseline forecast for global output growth is 0.1 percentage point lower than predicted in the January 2023 WEO Update, before rising to 3.0 percent in 2024. “The world economy is still recovering from the unprecedented upheavals of the last…
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Threat to Prosperity: Canada Should Mind Business Investment Gap
August, 2022 – Business investment in Canada is so weak that capital per member of the labour force is falling, and the implications for incomes and competitiveness are ominous. Governments, particularly the federal government, need to get serious about growth to get workers more of the tools they require to compete and thrive, according to…
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Should You Take Out a Second Mortgage?
With housing prices cooling off a bit but still generally soaring in cities across Canada, many homeowners are asking themselves how they can cash in on the market without actually having to sell their property. For many, a second mortgage will be the ideal way to do so. Second mortgages are one of the perfect mortgage…
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5 Home Renos That Add The Most Home Value
Whether you wish to improve your living space or you are going to sell your home, a home renovation will add instant value to your property. Many home buyers are looking for homes that are ‘move in ready’ and don’t require much or any work prior to moving in. Because of this desirability, many homeowners…