How Canadians Can Prepare for Years of Disappointing Economic Performance

In this week’s Globe and Mail piece, Larry gets political with a critique of central bank and Canadian government policies. If the US election is any indication, the will of the people to break the cycle of endless deficit spending and unsustainable government policies is reaching the point where literally extreme outcomes could result (President Donald J. Trump?)

The fact of the matter is, if you’re 45+ you grew up in easy times that are now over. It’s not the end, but it is the beginning of a new phase for the global economy, and Canada (being heavily linked to global growth with its resource economy) is very sensitive to this new normal. Not to mention that should Trump win, and tear up NAFTA, it could put a damper on 80% of Canadian exports. Not great for our already struggling economy (let’s not even think about our dependence on real estate turning from a boom to bust). It’s not all doom and gloom though, read the article online at The Globe and Mail to get some answers and solutions to the times we’re in:

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