Canadian's are saving more because they're earning more

Canadians Are Earning More, Saving More

A recent data from tradingeconomics.com indicate that Canadians are saving more. The said data shows that the second quarter of 2017 saw an increased in the Household Savings Rate in Canada from 4.30 percent in the first quarter to 4.60 percent. From 1981 until 2017, the Personal Savings in Canada averaged at 7.44 percent. The highest was recorded at 19.90 …