Originally posted by macdon02
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BOC..... again
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"A recent Ipsos poll conducted by MNP LTD. finds Saskatchewan residents are finding it difficult to make ends meet – especially when compared to other provinces. One third (33%) of Saskatchewan debtholders say they have absolutely no wiggle room at the end of the month. And nearly half (48%) admit they’re $200 or less from financial insolvency."
Did they follow the lead of the Sask Party and Brad Wall? Everything was going great when a barrel of oil was $100.00 -$120.00 from 2011-2014.
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Originally posted by blueversi View PostNot surprising, look at the amount of toys on the road every weekend, skidoos, boats, quads, travel trailers plus likely a payment on an over priced cabin then burning the fuel to get there. Just put it on the never never plan. Recreation is a priority and working isn't . Wasn't there an ad campaign back some years that touted Saskatchewan as a place to "work to live" not "live to work". Just relax, live it up everything will just take care of itself.
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Originally posted by MBgrower View Postside by sides for 30K. people are really stupid. they must think the govt will be there to support them when they retire with no pension savings. better start developing a craving for dog food.
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Originally posted by errolanderson View PostApparently, more than 25% of Canadians cannot financially tolerate any rate increase impacting their monthly debt payments. Cdn bankruptcies will begin to rise (IMO).
What is the Bank of Canada doing?? . . . .
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Originally posted by ajl View PostRates would be much higher if there was no bank of Canuskistan printing money with these levels of debt. Then again debt would not be this high if there was no B of C printing money. Time to get rid of central banks altogether.
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Originally posted by ajl View PostRates would be much higher if there was no bank of Canuskistan printing money with these levels of debt. Then again debt would not be this high if there was no B of C printing money. Time to get rid of central banks altogether.
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