Danny Stoffman and the baby boomer book that changed Canadian business

Stoffman, who co-wrote bestseller Boom, Bust & Echo, and died in July, helped bring demographics into boardrooms

Published Sep 11, 2023  •  Last updated 2 days ago  •  5 minute read

David Foot, left, and Daniel Stoffman, right, with a re-release of their best-seller Boom, Bust & Echo in 2006. Photo by Handout/Vancouver Sun files

David Foot was squirrelled away in a corner of the University of Toronto economics department when journalist Daniel Stoffman called him up to do a story on a Canadian real estate bubble that, at the time, had only recently popped.

The housing crash of 1989 caused chaos and plummeting prices, and left a bunch of homeowners wondering why they had paid so much, what had gone wrong and why they didn’t see it coming.

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But Foot saw the end coming plain as day. Demographics, he theorized, provided the explanation. The population bulge born between

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