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Carrick on money: How Canadians learned to love debt

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

How Canadians learned to stop worrying and love debt
A half-hour documentary produced by the cable television channel CPAC on how Canada's current household debt problems emerged in the aftermath of the federal debt crisis of 1995.

What McDonald's can teach the banks
Banks, mutual fund companies and financial advice firms should take a look a gutsy social-media campaign undertaken by McDonald's Canada, where people were invited to ask questions about the company's food. According to this report, McDonald's does screen questions. But some tough ones did make it through. Example: Did you ever watch the movie Super Size Me?

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Dishing on dishwashing
This Consumer Reports article lists five reasons why families fight over loading the dishwasher. A couple of them have a personal finance angle. For example, should you pack the dishes in, or run two loads? I'm on the pack them in side.

The mother of all phone bills
A French woman receives a phone bill for 11,721,000,000,000,000 Euros. Only after days of wrangling did her phone company agree not to debit that amount from her bank account.

More money
Join the 17,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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