The cultural tradition of making resolutions dates back thousands of years. The earliest recorded instance goes all the way back to Babylonians. Over 4000 years ago when they planted their annual crops, they made promises to their gods to pay debts incurred over the previous year.

Of course, you don’t need a new year or any specific date on a calendar to make a change. You just need to start.

Sometimes, the value of something depends on our unique view of the world from where we stand. Take, for example, less tangible assets like good health or happiness? How valuable are these?

The BoC has now cut by 175 basis points or 1.75 per cent this year and continues to be the most aggressive rate-cutter in the world. Remember, the cuts come on the back of an economic environment where higher interest rates were used as a stick to beat back inflation globally.

US President-elect Donald Trump has promised to impose significant tariffs on imported goods, including those from Mexico, Canada, and China, starting on the first day of his administration. So naturally there has been a lot of discussion in the economic press about the potential impact of these tariffs.