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Businessman overlooking multiple pathway options

Assessing income sources, diversifying are key

Points on a graph

But not in Canada, where population surge weighs on per capita income and real GDP

credit card concern

Robust consumer spending is fuelled by credit growth, report says

Arrow cube

Decline in real income followed four quarters of growth

Impact on salary lingers for a decade, TD Economics report says

extended family walking on beach

Physical beauty translates into higher earnings across generations, according to NBER paper

Household debt burden

While pockets will suffer from rising rates, overall stress should be modest

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

Expectations for economic and income growth were lower in an ECB survey

T4 statement

Those in the bottom half of earners saw their average income decline


Short-term expectations increase, long-term view unchanged