A Pfennig For Your Thoughts: "But here's another that I came across... Canadian household net worth climbs to C$ 6.0-Trillion in the 1st QTR...
Canadian household net worth increased by 1.3% ($74-billion) in the first quarter of 2010 to C$ 6.0-Trillion. This marks the fourth consecutive quarterly improvement in household net worth and reflects a 96% recovery off the net worth lost during the recent economic downturn.
I tell you all this, not because I want to live there... But to illustrate to you, why investors would look to Canada and the Canadian loonie..."
Thursday, 8 July 2010
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