Canada Housing Bubble

Poloz’s First BoC Interest Rate Statement

Friday, July 19th, 2013 by posted in Capitalism, Economics, Methodology, Regulation.
stephen-poloz-bank-of-canada

Bank of Canada Governor Stephen Poloz said that interest rates will remain low and the economy will grow due to “accommodative financial conditions.” His logic goes: The US economy is recovering ergo Canadian exports will grow therefore solid Canadian business

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The Great White Short

Thursday, June 6th, 2013 by posted in Capitalism, Economics, Events.
gi-mohan27rb1

Short selling stocks is a decent way to make money if you know what you’re doing. Vijai Mohan, founder of San Francisco-based hedge fund Hyphen Partners LP,  claims to be one of these people. He’s shorting Canadian banks much to

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The Problem with Canmore

Saturday, April 13th, 2013 by posted in Economics, Environment, Lifestyle, Regulation.

Canmore, Alberta is in the midst of a real estate bubble and its principle wealth-creator (tourism) is based on the same phony economy of low interest rates. Perhaps as a result of these economic fundamentals, the town’s expansion into a

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The Canadian Bank Bailout

Sunday, October 21st, 2012 by posted in Banking, Economics, History.
bailout

This will come as no surprise to regular readers, but in the chance that you happened to find this post via Google or some other search engine, allow me to describe as plainly as possible the hows and whys of

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B.C. Housing: By the Numbers

Thursday, July 19th, 2012 by posted in Capitalism, Economics.
bc housing teaser

Much has been said and written about the Canadian housing market and more specifically, the seemingly gravity defying Vancouver market. Opinions and forecasts have been waged on both sides of the aisle calling for both continued, steady appreciation see here

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Struggling To Keep the Housing Bubble Afloat

Monday, March 12th, 2012 by posted in Capitalism.

For those versed in the Austrian business cycle theory, it’s become common to encounter critiques levied on the theory which question the propensity of businessmen and investors to buy into a bubble knowing full well that it could burst at

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Yes, It Is Time to Panic Over Canada’s Housing Bubble

Wednesday, March 7th, 2012 by posted in Economics.

And no, this bubble won’t be any different. Yesterday Macleans asked the pertinent question of whether or not it’s due time to start fretting over Canada’s looming housing bubble. Here in Canada, we patted our backs for not falling into

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Carney Once Again Warns on Debt

Thursday, February 23rd, 2012 by posted in Banking, Capitalism.

If you want a good analogy on the various admonishments of Bank of Canada head Mark Carney, think of the bartender who tells the local drunk he should really reconsider getting sloshed every night but is still ready and willing

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Marc Faber Mentions Canada Housing Bubble

Sunday, February 5th, 2012 by posted in Capitalism.

In another interview filled with dire predictions of money printing and inept central banking, the always great Marc Faber makes a passing mention of housing bubble in Canada- click on the provided link and see around the 4:00 mark. Marc

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