Every 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’s articles include a piece from The Globe and Mail on economic inequality in Canada, an interesting dive into how to improve financial thinking from Forbes, and finally a piece from our own blog covering an important new offering available from U.S. Customs and Border Protection.
OECD report highlights Canadian inequality (http://www.theglobeandmail.com/) – Canada is becoming a country of growing inequality – in housing, wealth and between the oil-rich West and the rest of the nation. That is the sobering conclusion of a massive report on the Canadian economy released Wednesday by the Paris-based Organization for Economic Co-operation and Development. The report raises a series of red flags for Canada, highlighted by home prices and rents that are increasingly out of reach for too many Canadians, particularly in Vancouver and Toronto.
Can Circular Reasoning Make You Rich? (http://www.forbes.com/) – Americans are notoriously bad at saving money. While people in Germany, Sweden and even France save about 10% of the money they make, folks in the U.S. save closer to 3 or 4% of their earnings. With so little money saved, Americans face difficulty absorbing economic shocks like recessions and layoffs, and also find themselves with too little money in the bank when they retire. What will it take to get Americans to save more money? According to a study in Psychological Science, it will require a shift in our thinking; but to which way of thinking.
Urgent: Check Your Border Crossing Records (http://www.keatsconnelly.com/) – In a welcome development for those living (or hoping to live) a cross-border lifestyle, U.S. Customs and Border Protection (CBP) has made live an online database to Canadian visitors listing every entry into and exit from the United States on record in the past five years. KeatsConnelly has long held out hope that the Department of Homeland Security would make available such a database. That it has come to fruition is wonderful news, and also requires that frequent visitors to the U.S. and those hoping to immigrate to the country take some actions.
Come back next week for more interesting news and articles. Enjoy your weekend!