While the U.S. is a major market for cryptocurrencies, two countries surpass it in terms of their rates of crypto ownership.
— Read on www.visualcapitalist.com/countries-with-the-highest-rates-of-crypto-ownership/
Visualizing the Tax Burden of Every U.S. State
Tax burden measures the percent of an individual’s income that is paid towards taxes. See where it’s the highest by state in this graphic.
— Read on www.visualcapitalist.com/visualizing-the-tax-burden-of-every-u-s-state/
Canada adds 90,000 jobs in April, beating expectations, as unemployment rate holds steady – The Globe and Mail
Traders pare back expectations for Bank of Canada rate cut in June
— Read on www.theglobeandmail.com/business/article-canada-jobs-unemployment-rate-april-2024/
Bank of Canada finds pockets of vulnerability in financial system | Financial Post
Bank of Canada says higher leverage among hedge and pension funds is not a problem yet, but could be if there is a dash for cash. Read more
— Read on financialpost.com/fp-finance/bank-of-canada-finds-pockets-vulnerability-financial-system
How rate cut bets are changing after April jobs ‘shocker’ – National | Globalnews.ca
Canada’s unemployment rate was steady at 6.1 per cent in April as employers collectively added some 90,000 jobs, primarily concentrated in part-time work.
— Read on globalnews.ca/news/10487369/canada-unemployment-april-2024/
What the changes to the Home Buyers’ Plan mean for prospective buyers
One expert says the changes to the Home Buyers’ Plan will be ‘marginal at best’ for first-time homebuyers.
— Read on ca.finance.yahoo.com/news/what-the-changes-to-the-home-buyers-plan-mean-for-prospective-buyers-141115909.html
The US Could Unlock $980 Billion in Homeowner Equity, Top Analyst Says
“As early as this summer, a proposed move could begin to unleash almost $1tn into consumers’ wallets. By the autumn, it could be on its way to $2tn.”
— Read on www.businessinsider.com/housing-market-mortgage-home-equity-stimulus-debt-outlook-freddie-mac-2024-5
Can the Bank of Canada cut rates before the U.S.? What Macklem, economists say
There’s a limit to how much interest rates in Canada and U.S. can diverge: Macklem – BNN Bloomberg
GDP per capita in Canada hits lows of a recession | Financial Post
Falling GDP per capita has economists calling for the Bank of Canada to start cutting rates soon before too much damage is done. Read more.
— Read on financialpost.com/news/economy/gdp-per-capita-record-drop-outside-recession