Happy Canada Day!
Happy Canada Day to all! The greatest nation takes 1 day a year to show off, then we are back to our normal hard working selves.
Canada vs U.S. Prices at Dollar Parity: Why We Still Paid 18% More in 2008
In 2008, even with the Canadian dollar at parity with the U.S. dollar, Canadian consumers still paid significantly more — up to 18% more on identical goods, according to a BMO survey. This article examines long-standing price disparities between Canada and the U.S., highlighting examples like CDs and everyday consumer goods. It also reflects on the concept of “The Tim Horton’s Savings Plan” and explores how behavioral saving strategies could tie into spending habits. The post also includes housing market data from Stats Canada, showing how new housing prices varied across cities in April 2008, with explosive growth in places like Regina and Saskatoon. While historical, the lessons about pricing fairness and savings habits remain timely for Canadians.
Inflation Jumps for April to 1.7%
Find out the CPI (Consumer Price Index) statistics for April 2008 in Canada and understand their implications on the financial landscape.
Inflation at 1.8% February 2008
Explore the interesting trends in CPI inflation for February 2008 in Canada. Discover how energy prices and the strength of the Canadian dollar influenced the prices of mainstream products.
Even a Dead Bird Bounces?
Sometimes market recoveries are not market recoveries, sometimes it is a dead bird bouncing as it hits the floor. When should you buy in?? Given the current market, who knows?
