The Globe and Mail published an op-ed article written by Economics Professor Jean-Paul Lam. Professor Lam discusses factors contributing to persistent low inflation in Canada and suggests that the Bank of Canada needs to rethink its inflation strategy. Read the full article by Professor Lam online.
Candace Lau (BA, Economics '13) has debuted her fashion line Candace Daniela at Toronto Fashion Week. She balanced working a full time job in Toronto and running her company; a great feat in this day and age. A more in depth article can be found in the December edition of the Alumni Newsletter. Congratulations, Candace!
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.