Gordon Reid, president of Goodreid Investment Counsel, joins BNN Bloomberg to discuss why Canada’s saving rate has lagged the United States. He says debt to disposable income is currently at 175 per cent in Canada vs. just over 100 per cent in the U.S.
The Street: U.S. consumers are economically much healthier than Canadians: Gordon Reid
September 22nd, 2022
Goodreid on BNN Bloomberg
Goodreid's Portfolio Managers regularly appear as contributors on BNN Bloomberg.