University of Waterloo's Professor Jean Paul Lam was recently interviewed to comment on the Bank of Canada's decision to keep interest rates on hold. In particular, Professor Lam looks at the state of Canadian household debt in two recent Reuter's articles. From the previous article published in October to the most recent article published last week, Professor Lam's opinion remains the same: the risk of correction in the household sector is increasing.
Think Like a Canadian Economist, the new video series hosted by the Institute of Research in Public Policy (IRPP), features a short piece by Professor Ana Ferrer. Titled "The value of a university education", this episode takes a look at the short term investment and the long term gains of post-secondary education.