Since that time we sing the virtues of savings, Canadians seem to have collectively decided to take action. Then in 2007 they spared only 2.5% of their disposable income, they save twice today. And it will continue to increase. The savings rate hit 7% of disposable income at the end of 2009, according to forecasts of service Desjardins Economic Studies. (more...)

If there is a collective, as well as families, deeply damaged by the economic crisis are SMEs. A study of D & B reports that the creation of new companies has fallen by 31% over 2009. Added to this fact, during the months between January to August over 15,000 companies disappeared. Corporate mergers declined 10% and autonomous places with the highest number of solutions were Madrid with over 2,600 companies dissolved, Andalusia and Valencia. Also, for the final quarter of 2009 is expected to more than 65% of Spanish SMEs presenting serious risks of continuity. (more...)