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The Progressive Economics Forum

The Caisse and the mysterious life of market makers

The political crisis around the Caisse’s dismal performance continues to haunt the political scene in QuĂ©bec. Urged to explain how up to 40 billion dollars might have been lost during his management Caisse ex-director Henri Paul Rousseau largely blamed the economic and financial crisis, factors beyond his control. Asked why and how the Caisse ended [...]

Vanier Institute’s report on family finances 2009

has just been published and is avalaible here. It largely confirms research conducted by PEF members on household wealth, indebtedness and income. 
The report highlights the state of financial precarity of many households, the gap between income and spending, the growing debtload and the important impact the “recession” (if we still want to call it that, [...]