UK’s Upcoming EU Referendum The United Kingdom will hold a historical referendum later this week to let its people decide if it should remain in the European Union or not. There are a lot of issues driving the debate in Britain including immigration, sovereignty, defence, etc. But the financial factors are the most interesting to me so let’s break down some… Read More »
A recent report from the Brookfield Institute says that 42% of the Canadian workforce is at high risk of being replaced by computers and technology in the next 20 years. Suncor Energy is already planning to replace its fleet with autonomous trucks by 2020, which will lead to the permanent loss of thousands of oil sands jobs. Earlier this year… Read More »
The Challenge is Over Last week I embarked on a culinary adventure where I would limit myself to eating just $29 worth of food for an entire week. It was not to determine if such a thing is “possible” or not. Humans are very resilient eukaryotes. The average healthy person with a body fat percentage of 20% could survive multiple… Read More »
Living on $29/week I thought about becoming a food taster once, but decided not to because I didn’t want to have too much on my plate. ? Most wage earners get paid either once or twice a month, but we generally have to eat food everyday. This means learning how to budget our grocery bill is an important skill to have. For… Read More »
$29 Per Week for Food In the United States most people who meet certain low income guidelines are eligible for the Supplemental Nutrition Assistance Program (SNAP, or the food stamp program). Last year glamorous Hollywood actress Gwyneth Paltrow challenged herself to live on just $29 worth of food for one week. According to the Center on Budget and Policy Priorities,… Read More »
Markets at a Glance The Canadian economy shrunk 0.2% in the last month of the 1st quarter. Despite a disappointing Q1 the S&P/TSX Composite index still managed to climb higher this month, as did the major indexes in the U.S. I don’t know what’s keeping the stock market afloat these days but it can’t all be fundamentals. The… Read More »