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.
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.