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Personal Finance Digest

Personal
Finance News




WHAT'S HAPPENING IN THE FINANCE WORLD.


Personal Finance Digest: Finance News, July 25, 2020

 
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finance digest
Personal Finance Digest
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Personal Finance Digest:
Finance News


In this digest issue, we feature brief news articles on Canadians' personal finance circumstances, personal finance rules, consumer insolvencies, government's social finance fund, funding domestic COVID-19 vaccine trial. We also briefly touched on: what's happening in the tech sector and Canada's business outlook survey-summer 2020.
1. Canadians’ personal financial circumstances improving, but majority will defer major purchases in the next year... Two-thirds say they’re spending less on non-essential items over the past month.. Read more on Angus Reid.

2. What personal finance rules do you follow? How do they influence your current circumstances? Explore this Yahoo News article: "Some older personal finance rules may no longer apply, experts say". Continue reading on Yahoo News.

3. Consumer insolvencies in Canada plunge by most on record in May... Government support and payments deferrals are giving borrowers extra breathing room to meet obligations. Read more on Financial Post.

4. Liberals review rollout of social finance fund to combat pandemic fallout… Groups urge government to speed up deployment of program connecting non-profits with private investors... Read more on CBC.

5. Health experts ask Ottawa to make a decision on funding domestic COVID-19 vaccine trial... Canadian company says it could deliver five million doses of yet-to-be-tested vaccine by mid-2021. Read more on CBC.

6. What's happening in the Tech Sector? How is it doing today compared to the 2000 bubble? Explore this news article: "The ‘key difference’ between the tech bubble of 2000 and today: strategist... Read this article on Yahoo Finance.

7. Business Outlook Survey—Summer 2020. Results from the summer Business Outlook Survey suggest that business sentiment is strongly negative in all regions and sectors due to impacts from the COVID‑19 pandemic and the drop in oil prices. Read more on Bank of Canada.





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