Discover and read the best of Twitter Threads about #disposableincome

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#Canada's economy grew at an estimated rate of 4.6% in 2021, and is anticipated to have the strongest growth among the #G7 economies in 2022 and 2023? #cdneconomy
In 2021, #Canada had the highest #employmentgrowthrate & 2nd highest population growth rate of the #G7. #cdnjobs
#Canada has the most educated talent pool in the Organisation for Economic Co-operation and Development #OECD: 60% of its population aged 25 to 64 has received tertiary level #education.
OECD, Education at a Glance, September 2021
Canada has enjoyed the lowest net debt to #GDP ratio in the #G7 for the last 15 years, with a current ratio of about 33%.
IMF, World Economic Outlook, April 2022
international.gc.ca/trade-commerce…
Read 17 tweets
A few months ago, #markets expected U.S. #inflation to peak by mid-2022 at around 7% to 8% at the headline level and then anticipated that generalized #price gains would decline into year end, closing the year around 4%.
However, the tragic war now unfolding with Russia’s attack upon Ukraine has not only sent #energy prices skyrocketing but it has led to much greater uncertainty over #economic growth and #MonetaryPolicy reaction functions, in Europe and indeed around the world.
Core #CPI (excluding volatile #food and #energy components) came in at 0.5% month-over-month and 6.4% year-over-year. Meanwhile, headline CPI data printed at 0.8% month-over-month and came in at 7.9% year-over-year, the greatest increase over a 12-month period since January 1982.
Read 17 tweets

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