Smart Financial Planning Amidst Recession Concerns

The Morning Show with Devon Peacock · Aug 30, 2023 · 6m

In a report by RBC Economics, it was highlighted that debt among Canadian millennials has reached unprecedented levels. This situation could pose risks if they face employment uncertainties. Meanwhile, the Conference Board of Canada issued another report cautioning that the economy is on the brink of stagnation due to the depletion of savings that Canadians had accumulated during the pandemic.