America’s Saving Rate Points to Recession

Is the American economy weakening or already in recession? Or is the inflation squeeze leaving consumers with little left to save? We know that is true, but it is only part of the story. With the nation’s savings rate crashing to 2008 lows, households may not be saving much because they already have a cushion […]

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The impact of coronavirus on North American small businesses

A street filled with North American small business (SMEs)

Small businesses across North America continue to take the brunt of Covid-19, despite aggressive actions by the Bank of Canada and U.S. Federal Reserve. In Canada, a survey by the Canadian Federation of Independent Business found that a third of Canadian small businesses say they cannot survive the economic impact of coronavirus for more than […]

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