Four ways Canadians can protect themselves from a worsening market situation

Now there’s bitcoin, a cryptocurrency with tremendous volatility and zero convenience, both of which could change, but it really isn’t that attractive compared to the U.S. dollar so far.

For the longest time, the only time our dollar would get to par with the U.S. was during periods of rising oil prices, because our labour productivity and economic efficiency are much worse than those of our neighbour. A large part of the reason for the loonie’s woeful performance recently comes down to domestic policies targeting the restriction of North American energy infrastructure, which has essentially put a cap on growth of both U.S. shale and Canadian oilsands.Article content

Household mortgage debt increased by a whopping $182.4 billion last year, boosting residential mortgages to $1.93 trillion in December, according to Statistics Canada. As a result, the average Canadian now owes $1.77 for every dollar they make,

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Four ways Canadians can protect themselves from a worsening market situationMartin Pelletier: Adding some inflation protection into your portfolio will help protect against a weak Canadian dollar First way - stay out of the market for now.
Source: nationalpost - 🏆 10. / 80 Read more »

Four ways Canadians can protect themselves from a worsening market situationMartin Pelletier: Adding some inflation protection into your portfolio will help protect against a weak Canadian dollar. — via financialpost finance financialpost inflationprotection
Source: VancouverSun - 🏆 49. / 61 Read more »