Investors should be concerned about liquidity on the TSX Venture — if they aren’t already.
“I do ring the alarm bell on not to be too invested in illiquid assets . . . We are very comfortable with our risk models and what we would do in various lurches down markets, but I do worry about the expansion of a lot of funds like us around the world into private illiquid assets.”
Household debt in Canada rose to a new all-time high of 102.13% of GDP in the third quarter of 2019, according to data from Trading Economics.
“Half of Canadians are on the verge of insolvency . . .”
“. . .Our findings may point to a shift among some Canadians from debt apathy to debt hopelessness. Feelings of hopelessness can make people feel like giving up on ever paying down their debt or, worse, ignoring the debt as it piles up higher. . .”