
Back to learn
Canadian spending trends, COVID-19, and you
Rounding it up
In the last 10 years, Canada has seen some interesting spending trends—debt, insolvency rates, and the cost of essentials have all increased.
Despite the elevated cost of living, Canadians continue to spend on luxuries, like travel.
No one knows what the future holds, but it is expected that COVID-19 will continue to further drive up costs of living in Canada.
By understanding the Canadian economic landscape, you can make more informed decisions.
Related articles

What is the Consumer Price Index?
5 mins
Dan BuchererThe Consumer Price Index (CPI) is a measure of the cost of a virtual basket of goods expressed as a percentage when compared to the same time in the previous year. The CPI helps the government determine if they are meeting their inflation goals.
What is the Consumer Price Index?
5 mins
Dan Bucherer
The Consumer Price Index (CPI) is a measure of the cost of a virtual basket of goods expressed as a percentage when compared to the same time in the previous year. The CPI helps the government determine if they are meeting their inflation goals.
#consumer price index
#CPI
#economy

What is the rate of inflation in Canada?
5 mins
Dan BuchererInflation is more than something you hear on the news—it affects you every day in so many ways. The sooner you learn about it, the better.
What is the rate of inflation in Canada?
5 mins
Dan Bucherer
Inflation is more than something you hear on the news—it affects you every day in so many ways. The sooner you learn about it, the better.
#inflation
#inflation rate
#economy

How much money do you need to start a retirement account?
4 mins
Jordan T. HedbergIt’s important to avoid getting caught up in the pool of retirement savings advice. Instead, start by saving up and paying off debt.
How much money do you need to start a retirement account?
4 mins
Jordan T. Hedberg
It’s important to avoid getting caught up in the pool of retirement savings advice. Instead, start by saving up and paying off debt.
#retirement
#savings
#RRSP
#debt

What is the economy?
11 mins
Barry ChoiHeadlines often reference the economy, but what does it mean? Get an overview on the economy so you can make informed financial decisions.
What is the economy?
11 mins
Barry Choi
Headlines often reference the economy, but what does it mean? Get an overview on the economy so you can make informed financial decisions.
#economy
#government
#recession
#industry

How to save to quit your day job & pursue your passion
6 mins
Gaby PilsonDaydreaming about being literally anywhere besides work? You're not alone. Here’s a how-to guide for pursuing your passion or side hustle.
How to save to quit your day job & pursue your passion
6 mins
Gaby Pilson
Daydreaming about being literally anywhere besides work? You're not alone. Here’s a how-to guide for pursuing your passion or side hustle.
#side hustle
#budgeting
#debt
#saving

10 Questions with a bankruptcy specialist
8 mins
John AdamsonLearning the ins and outs of bankruptcy is as tough as mastering Klingon. So we interviewed a bankruptcy specialist to break it down for us.
10 Questions with a bankruptcy specialist
8 mins
John Adamson
Learning the ins and outs of bankruptcy is as tough as mastering Klingon. So we interviewed a bankruptcy specialist to break it down for us.
#debt
#bankruptcy
#consumer proposal
#LIT