breaking news

Magazine Covers

Magazine Covers

Magazine Covers

Magazine Covers

Canada

Toronto Housing Market Implodes: Prices Plunge Most On Record
0

Toronto Housing Market Implodes: Prices Plunge Most On Record

August 3rd, 2017 | by Richard Paul
Until mid 2017, it appeared that nothing could stop the Toronto home price juggernaut: And yet, In early May we wrote that “The Toronto Housing Market Is About To Collapse“, when we showed the flood of new home...
Canadian Finance Minister Boasts about Crony Capitalism in Warren Buffett’s Bailout of Home Capital Group
0

Canadian Finance Minister Boasts about Crony Capitalism in Warren Buffett’s Bailout of Home Capital Group

July 24th, 2017 | by Richard Paul
“It was probably not a coincidence that the Prime Minister and I were in Seattle meeting with Warren Buffett.” “Just like I said, a back door bailout in Exchange for something down the line. Very very...
“Canada Is In Serious Trouble” Again, And This Time It’s For Real
0

“Canada Is In Serious Trouble” Again, And This Time It’s For Real

July 12th, 2017 | by Richard Paul
Some time ago, Deutsche Bank’s chief international economist, Torsten Slok, presented several charts which showed that “Canada is in serious trouble” mostly as a result of its overreliance on its frothy,...
Canadians Brace For A “Perfect Storm” Brewing In Housing Market
0

Canadians Brace For A “Perfect Storm” Brewing In Housing Market

July 7th, 2017 | by Richard Paul
We’ve spent a fair amount of time discussing Canada’s housing market over the past several months as Chinese money laundering operations have sprouted up bubbles all over the place.  Here’s a modest sampling of...
Top Canadian Court Permits Worldwide Internet Censorship
0

Top Canadian Court Permits Worldwide Internet Censorship

June 28th, 2017 | by Richard Paul
LEGAL ANALYSIS BY AARON MACKEY AND CORYNNE MCSHERRY AND VERA RANIERI JUNE 28, 2017 A country has the right to prevent the world’s Internet users from accessing information, Canada’s highest court ruled on Wednesday. In a...
Despite Bank Of Canada Hubris, Existing Home Sales Crash In May
0

Despite Bank Of Canada Hubris, Existing Home Sales Crash In May

June 15th, 2017 | by Richard Paul
The Bank of Canada is stuck between the rock of a housing bubble (textbook-based trickle-down confidence-inspiration) and a hard place of a housing bubble (total lack of affordability) as it proclaimed this week that it may...
Canada Unveils $650 Million Lumber Industry ‘Bailout’ “To Stand Up To US”
0

Canada Unveils $650 Million Lumber Industry ‘Bailout’ “To Stand Up To US”

June 1st, 2017 | by Richard Paul
Canada’s Natural Resources Minister Jim Carr just announced C$867 million (around $650 million) in financial supports for softwood lumber producers and the communities where they are based…“Canada is standing up...
Quebec introduces “emergency” bill outlawing construction strike
0

Quebec introduces “emergency” bill outlawing construction strike

May 30th, 2017 | by Richard Paul
By Keith Jones 30 May 2017 Quebec’s Liberal government recalled the provincial legislature Monday so as to outlaw a six-day old strike by 175,000 construction workers. The government’s “emergency” anti-strike legislation,...
New Home Prices Are Over 50% Higher In Canada Than The US
0

New Home Prices Are Over 50% Higher In Canada Than The US

May 28th, 2017 | by Richard Paul
  Authored by Kaitlin Last via BetterDwelling.com, The price of new homes is quickly diverging in Canada and the US.  Data from the Canadian Housing and Mortgage Corporation (CMHC) show that new homes are selling for...
All Heck Breaks Loose in Toronto’s House Price Bubble
0

All Heck Breaks Loose in Toronto’s House Price Bubble

May 26th, 2017 | by Richard Paul
“It’s fear.” During the first two weeks in May, according to preliminary data from Toronto Real Estate Board, home listings surged 47% from the same period last year even as sales plunged 16%. The average selling price...