KeatsConnelly Cross-Border Weekly Best of the Web 2014-4-25

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week we offer an article with interesting insights into the American and Canadian middle classes, a view on Canadian interest rates and a relink to one of our own blog posts.

The American Middle Class Is No Longer The World’s Richest (www.nytimes.com) – The American Middle Class, long the most affluent in the world, has lost that distinction. While the wealthiest Americans are outpacing many of their global peers, a New York Times analysis shows that across the lower- and middle-income tiers, citizens of other advanced countries have received considerably larger raises over the last three decades. After-tax middle class incomes in Canada — substantially behind in 2000 — now appear to be higher than in the United States…

Bank of Canada’s Stephen Poloz says interest rates to remain low for years to come (www.financialpost.com) – OTTAWA — Canadians can expect to enjoy relatively cheap borrowing costs for some time to come — perhaps years — even after the economy returns to full capacity and the Bank of Canada starts hiking interest rates, bank governor Stephen Poloz said Thursday…

What I (Re-)Learned About Finances While Running A Tough Mudder and Spartan Race (www.keatsconnelly.com) – I spent this past weekend running a Tough Mudder race on Saturday and a Super Spartan Race on Sunday. A reenergizing weekend it was not, but it was a ton of fun! I had spent the past six months training for these two races, knowing that doing them on back to back days would be quite challenging. What I didn’t realize was that all this training and the race days would remind me about an important financial life lesson, one that I have a tendency to forget…

Come back next week for more interesting news and articles. Enjoy your weekend!

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