With the federal budget tabled yesterday by Finance Minister, Hon. Bill Morneau, Economics Professor Jean-Paul Lam has offered up some insight on what to expect in the coming year through interviews conducted with Radio Canada and CTV Kitchener. Click the links below for more details.
Professor Jean-Paul Lam, from the Department of Economics at the University of Waterloo, is available to speak to the media about the 2016 federal budget. Professor Lam can provide commentary in both English and French.
Professor Jean-Paul Lam was interviewed by Maclean's Magazine this week to discuss the potential dangers with car loans. Over the last 10 years, Canada's car loan debt has increased to over $120 billion - with a notable spike since the 2008 financial crisis.
Read the full article below for contributing factors to this trend and the possible risks in the near future.
A group of economists were surveyed by Reuters regarding the Bank of Canada's decision to keep interest rates on hold while they await a stimulus fiscal push in 2017. Professor Jean-Paul Lam was interviewed about the results of this survey.