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Canada Finance Minister: Bank of Canada, Secret Money-Laundering Fingers Canada’s Banks
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Canada Finance Minister: Bank of Canada, Secret Money-Laundering Fingers Canada’s Banks

April 5th, 2018 | by Richard Paul
“As I look back on my five years as Director of FINTRAC, I am honoured to have worked with such a skilled and dedicated group of employees and partners who commit themselves every day to help protect Canadians and the...
Despite Bank Of Canada Hubris, Existing Home Sales Crash In May
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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...
Moodys Slashes Ratings On 6 Canadian Banks, Fears Asset-Quality Deterioration, Soaring Household Debt
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Moodys Slashes Ratings On 6 Canadian Banks, Fears Asset-Quality Deterioration, Soaring Household Debt

May 10th, 2017 | by Richard Paul
Amid Poloz-described “unsustainable prices” in various cities, and just days after the collapse of Canadian mortgage lender Home Capital Group and our discussion of the dire state of Canadian savers (and...
“There’s a hidden cost to Canada’s underground economy, worth a staggering $45.6 billion”
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“There’s a hidden cost to Canada’s underground economy, worth a staggering $45.6 billion”

June 28th, 2016 | by Richard Paul
Now when I read this headline I was struck by the absolute and sheer brainwashing the Financial Post hires it’s droids for (writers)  to make sure Canadians stay as uninformed as can be. Now check this out. Financial Post...
The all great Canadian Bacon. Bank of Canada goes Conspiracy Nut!
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The all great Canadian Bacon. Bank of Canada goes Conspiracy Nut!

June 20th, 2016 | by Richard Paul
An article recently penned by Brandon Smith goes on the describe how the Federal Reserve of the United States of America ( here in Ottawa the Bank of Canada is the equivalent) is dead set on crashing it’s own...
The Democratization of Money and Banking: An Open Letter to Prime Minister Trudeau
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The Democratization of Money and Banking: An Open Letter to Prime Minister Trudeau

June 14th, 2016 | by Richard Paul
Dear Prime Minister: Congratulations for taking such a strong stand when you spoke at the G7 summit in Tokyo last week in favour of government spending to bring new life to moribund economies.  Despite the skeptics, it is the...
“OECD warns of ‘rapidly rising housing prices’ in Canada “
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“OECD warns of ‘rapidly rising housing prices’ in Canada “

June 1st, 2016 | by Richard Paul
And so it is that after many months of people getting to hear from various institutions , like the Bank of Canada, that the great Canadian  housing bubble has begun to slowly deflate. So says a story today in the Financial Post....
“Couple with more than $250,000 in cash needs to invest or their savings will shrivel”
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“Couple with more than $250,000 in cash needs to invest or their savings will shrivel”

May 27th, 2016 | by Richard Paul
There comes a day, like today when you read such a headline and wonder who in the heck has $250,000 cash in their savings account? When in fact Canadians are the highest indebted people in the world. ( well, in the G-7 that is)...
See no evil…. hear no evil. The great Canadian pass time
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See no evil…. hear no evil. The great Canadian pass time

May 19th, 2016 | by Richard Paul
Seems politics took a turn for the the circus today when Prime Minster Justin Trudeau decided to take matters into his own hands or in this case elbow by “elbowing” an opposing MP. But then what is to be expected...