CANADA IS DOOMED: Three Signs The Country Up North Is Screwed Beyond All Recognition Brett Gundlock, Reuters You might be under the impression that everything is going pretty well in Canada, which had no banking collapse and only a mild recession in 2008-9.You would be wrong. The country is beset by political corruption scandals of […]
Fancy a “Certified Pre-owned House” (like a “certified used car”) ?
Based on the premise that properties for sale should be certified, just like cars are certified … Sounded unreal. First, certified cars are NOT guaranteed against anything except it’s within certain mileage and conditions, and that’s provided you’re get one from the big boys like Lexus, Mercedez, or perhaps also premium lower price cars like […]
TD Bank: “Paul Krugman is a Moron” ?
In “retaliation” to Paul Krugman’s gloomy outlook on Canada’s housing prospect, actually, impending “Bubble Implosion” … Paul Krugman: “Think there is no housing bubble in Canada ? Think again.” TD Bank to Paul Krugman: You’re wrong about ‘vulnerable’ Canada MICHAEL BABAD The Globe and Mail TD takes on Krugman Toronto-Dominion Bank is taking Paul Krugman to […]
There has never been any significant inflation in Canada …
According to the latest numbers, Canada’s inflation rate heats up but remains low Canada’s inflation rate rose to 0.7 per cent in May, but remains well below the level that the Bank of Canada and other policymakers like to see … Inflation in the Great White North is barely one percent per year, or you may say prices […]
Mayor Rob Ford: “How to be a poster boy amid scandals” ?
I mean real big time scandals … Real talk for real estate agents: Stop fighting the land transfer tax By Matt Elliott Metro Last Friday, Mayor Rob Ford paid a visit to the Toronto Real Estate Board. There to rattle off a speech that included his standard budget talking points, the beleaguered mayor received a standing ovation after promising — once […]
Rising Mortgage Rates or Rising Interest Rates ?
What do news headlines below tell us ? Higher bond yields trigger hike in mortgage rates Toronto Star – Jun 21, 2013 The recent increase in mortgage rates by several of Canada’s big banks is likely the start of a slow upward trend, experts say. Scotiabank, the Royal Bank of Canada, and TD Canada Trust raised rates this week on some mortgages for terms ranging from two … Rising […]