However, concerns have been raised about the ability of households to continue "shouldering the load," so to speak. Are consumers overburdened, financially speaking? Or do they have the capacity to continue to keep spending at a reasonable pace? According to virtually all studies of household expenditure, two principal factors affect the consumer's ability and willingness to spend.
BIS central bankers’ speeches  1  paper ultimately turned out to be relatively sound, and the losses felt by the investors were largely the result of the market freeze. The affected companies, the provincial and federal governments, and the Bank of Canada worked hard to negotiate the Montreal Accord.