Home Economics newsletter: Embracing the housing market correction, parents offer strategies on how they teach their kids about budgeting and saving using allowances and a look at where all the workers went post-pandemic
Personal Finance Columnist Dale Jackson said homeowners fretting about the current downturn in the housing market would likely be better served by
. In his latest Payback Time blog post, Jackson said over the long term, homes still remain a great investment and corrections – similar to downturns in equity markets – are typically short-term blips.Canadian mutual funds suffered a net redemption of $10.4 billion in June, an acceleration of the $6.4 billion that was pulled in May, according to data from The Investment Funds Institute of Canada.
as one portfolio manager put it, as investors exited equity and bond mutual funds, while safe haven money market funds saw a net inflow.
Certain sectors – such as health care, foodservice and airlines – are struggling with acute labour shortages more than other industries post-pandemic. So where did all those workers go? Some reassessed their priorities while others said they were tired of precarious work –
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