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Shrinkflation ? — Ontario has a new law regulating financial advisors. Shrinkflation is everywhere. And interest rates are probably going up.

Shrinkflation ? — Ontario has a new law regulating financial advisors. Shrinkflation is everywhere. And interest rates are probably going up.

FromThe Peak Daily


Shrinkflation ? — Ontario has a new law regulating financial advisors. Shrinkflation is everywhere. And interest rates are probably going up.

FromThe Peak Daily

ratings:
Length:
11 minutes
Released:
Apr 13, 2022
Format:
Podcast episode

Description

Last month, Ontario became the first province to create a law that protects everyday investors from unqualified financial professionals, per The Globe and Mail. “All that and a bag of chips” isn't the compliment it once was, as bags of chips contain fewer salty morsels than ever thanks to “shrinkflation.” The Bank of Canada (BoC) is set to hike interest rates further today, with experts agreeing it will likely be the first “oversized” hike in over two decades—going up half a percentage point instead of the typical quarter percentage point.

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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Released:
Apr 13, 2022
Format:
Podcast episode

Titles in the series (100)

Fast Canadian business news. Get up-to-speed quick with a fun and smart breakdown of the three biggest Canadian and global business stories in less than 10 minutes.