Articles

As you prepare for back-to-school season, you’ll likely notice the costs associated with returning to the classroom this year have increased. Until recently, inflation was at a forty-year high in Canada, impacting the costs of consumables like rent, food and books, as well as big-ticket items like tuition. And while the rate at which prices are rising has stabilized, the already-inflated costs are here to stay.
If hearing the names Frosted Flakes, PEP, and Almond Joy elicits a glow of nostalgia, congratulations, you’re a Boomer! As the Boomers and Gen Xers shuffle into retirement, they’re not just getting misty-eyed over sugary breakfast cereals, they’re also feeling nostalgia for a bi-weekly paycheque. That’s been replaced by a lump of savings to be chipped away and that’s a whole different ball game.