Post COVID-19 Movement Towards Economic Normalcy; Labour
As bankruptcies have risen, and lending standards have tightened, many have expected the labour market to follow suit and finally falter alongside other key economic indicators. Despite this economic upheaval and pessimism, In the first quarter of 2023, both the United States and Canada continue to maintain their respective unemployment rates at or near pre-pandemic […]
Post COVID-19 Movement Towards Economic Normalcy; Bankruptcies
Bankruptcies have risen in Canada and the US post Pandemic With the end of federal pandemic aid in the United States, bankruptcies have risen among both individuals and businesses. In January, total bankruptcy filings increased by 19% compared to the previous year, with a 20% increase in Americans filing for bankruptcy across different chapters. Many […]
Post COVID-19 Movement Towards Economic Normalcy; Consumer Credit
Building off of last week’s topic, CPI and general affordability, this week we’re discussing trends and implications of revolving credit liabilities and credit cards. After a brief period in the first year of the pandemic in 2020 and early 2021, many components of consumer credit have seen significant increases in both the US and Canada. […]
Post COVID-19 Movement Towards Economic Normalcy; CPI
Though the direct impact of the COVID-19 pandemic waned significantly in the spring of 2022 for many in North America, macroeconomic changes brought upon by the pandemic and associated government policies have continued to impact daily consumer life. While some factors appear to be returning (and sometimes progressing beyond) pre-pandemic level, other factors have not. […]
Navigating Financial Uncertainty: Lessons from the SVB Collapse on Effective Risk Management
The recent collapse of Silicon Valley Bank (SVB) has brought the importance of risk management to the forefront of the financial industry. As one of the largest lenders in the start-up ecosystem, SVB’s collapse highlights the importance of dynamic and robust risk management strategies in maintaining financial stability and, thus, the avoidance of similar disasters […]
