The choice between saving or reducing debt has become an increasingly important decision
Wall Street hits new record high
Consumer price index up 1.9% in December
Household credit market debt as a proportion of household disposable income increased to 171.1%, up from 170.1% in Q2
It’s important for clients to understand the opportunities they have from a tax planning perspective, but not to let tax decisions override everything else
The consumer price index was up 1.4% in October compared with a year ago, following a 1.6% increase in September
Canada’s trade deficit was $3.2 billion in September, essentially unchanged from the previous month
Declines in manufacturing and mining, quarrying and oil and gas extraction more than offset gains in other sectors
Exports move lower; imports unchanged
The increase came as household income increased 1.2% while household credit market debt rose 1.9%.