#Monthly Lesson

#Monthly Lesson: Finances at a national level

As the first month of 2016 is almost over, it’s time to check how the new year resolutions (or goals) are taking shape. One important aspect of many people’s goals tend to be financial. Potential sub-topics under finance may include saving, investing, budgeting, borrowing and spending. Among which, I’d like to touch on the cost… Continue reading #Monthly Lesson: Finances at a national level

#Monthly Lesson

#Monthly Lesson: Finances at a national level (Part2)

Continued from #Monthly Lesson: Finances at a national level (Part1) CANADIAN GOVERNMENT DEBT TIMELINE Mid-1990s to the late 2000s: Reduced Govt Debt 2007-08: Combined federal and provincial government debt = $834 billion 2008-09: Govt turned to deficit-financed spending in hopes of stimulating the economy after the recent recession. 2015 – Govts continued to spend more than the revenue… Continue reading #Monthly Lesson: Finances at a national level (Part2)