by Shaun Richards Let us take a trip over the Atlantic to Canada where we see that a familiar issue is bubbling up again. Bank of Canada Governor Tiff Macklem said he’s seeing “worrying” signs in Canada’s hot housing market, …
By Irina Slav Job losses, a chronic pipeline capacity shortage, a “bill for spills”, and a carbon tax – these are just some of the problems that the Canadian energy industry is wrestling with right now and are likely to continue …
by Martin Armstrong In Canada, the Supreme Court ruled Thursday that Ottawa has the power to impose a carbon price across the country as a “matter of national concern.” This is a major win for Trudeau and he can really make sure …
by Torlek1 Original Discussion in r/stocks: Naked Short Selling: The Truth Is Much Worse Than You Have Been Told Original Article by James Stafford: Naked Short Selling: The Truth Is Much Worse Than You Have Been Told Excerpt: Hordes of new …
Watch the latest video at foxnews.com Filipino President Rodrigo Duterte on Tuesday reportedly threatened to “declare war” against Canada within the next week if the country fails to remove tons of garbage that was previously shipped to Manila. Duterte, in remarks aired by state media and reported by The Canadian …
By Irina Slav The provincial government of Alberta and the federal government of Canada are the culprits behind the continuing problems of the country’s oil industry, which have now swelled to the size of a full-blown crisis, according to the …
Imagine clapping for a murderer. They clapped for him. They played music for his entry. For a murderer, a convicted Al Qaida war criminal. That’s Trudeau’s CBC. They hate you. Never forget that. pic.twitter.com/FaPfwQk87f — Ezra Levant 🍁🚛 (@ezralevant) April …
Josh Sigurdson talks with author and economic analyst John Sneisen about the vast amount of debt in Canada as Canadians are going broke! HALF of Canadians polled claim they are just $200 away from bankruptcy. 26% of Canadians say they …
By Irina Slav Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Market for houses freezes up. House & condo prices drop. High end hit the hardest. In the City of Vancouver, British Columbia, in March, sales of detached houses fell 14% from March 2018, to merely 117 …
The debt expansion is relentless. It’s absolutely mind boggling in the US. As for Canada, there are no words invented yet to describe it. Do you personally see people going into excessive debt to finance their lifestyle? Debt can’t be …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter How do they stack up against the most splendid housing bubble in America? Holy cow! Canadian housing markets are in a category of their own. No housing market in the US – no matter how crazy …
Josh Sigurdson talks with author and economic analyst John Sneisen about the continuing decline of the Canadian housing markets as banks like BMO warn that this type of decline normally leads to a recession and that this recession will be …
by Martin Armstrong QUESTION: You always mention how there were defaults and suspension of debt during the Great Depression by states and municipals. Was this also true in Canada? JRT ANSWER: Oh, yes. Whenever commodities have collapsed, Alberta finds itself …
A litany of problems, from too much debts to deflating housing bubbles in Vancouver and Toronto. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: With the Bank of Canada’s overnight interest rate stalled out at 1.75%, lower than the rate of …
https://www.youtube.com/watch?v=mE-bX1QeY7M Need to stand up against the current regime. AC
Kitco News, Released on 2/7/19 Canada is run by “terrible managers” and Kevin O’Leary, star of Shark Tank and chairman of O’Shares ETFs, is litigating in order to enact change. Kevin O’Leary is a Canadian businessman, investor, and television personality. …
This is becoming a very big but undisclosed problem. Let’s just pretend that real estate is still affordable and there’s no fraud going on and that the massive debt load everyone has isn’t an issue. Sounds good, right?
https://www.bloomberg.com/news/articles/2019-01-25/credit-suisse-said-to-lose-60-million-after-canada-goose-trade Sold the stock at a $60 million loss after Canada arrested Huiwei ceo. Credit Suisse acted as an underwriter on the sale of 10 million shares by Canada Goose Holdings Inc. stockholders in late November. The offering was priced …
Dang! This is downright terrifying for you Canadians. The cops probably can use SWAT powers to utterly destroy your entire residence in order to coerce you to submit to a breathalyzer test. Out in public probably strip search you regardless where you …
via YAHOO: Prime Minister Justin Trudeau’s Liberal government is on track to spend nearly as much this year as Ottawa did to stimulate the economy at the height of the global recession, according to a new study. The right-leaning Fraser …
Average home price in 2018 fell for first time since 2008, largest decline in the data going back to 2001. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: National home sales across Canada slipped for the second consecutive year, dropping 11% …
Large sectors of Corporate Canada can’t compete (Link to article below) https://business.financialpost.com/op…
Canadians who took on way too much debt will suffer the consequences. Canadians love debt. Some love it more than others but it’s certainly a trend. Drive down the busy roads and find every luxury car you can imagine. Drive …
by KaliforniaX It’s even worse than many people feared. In their economic update, the Trudeau Liberals have announced a series of measures that add up to a $600 million media bailout. Instead of letting the Canadian People pick and choose …
Over 80% of all non-financial stocks in Canada lost money on a free cash flow basis in the last 12 months! Australia, US and Asian countries aren’t too far behind. This is not a picture of a healthy global economy. …
Canada is in the most debt ever in history. There has never been a time in which Canadians have accumulated this much mortgage, credit card, auto loans, personal line of credit, and every other form of debt ever. It’s the …
Real estate euphoria is a HUGE problem. How many people do you know that are WAY over their heads with debt. It’s extreme because of the leverage used. If you go to the casino and gamble $5000 and lose it, …
Real estate is a huge problem now for investors and home owners who have gotten in way over their heads. Most people have taken on way too much debt. Many are walking away from their purchases. Some are underwater. The …
Real estate is one of the benefactors of the global central bank easy money policy. Housing prices have gone up faster than penny stocks in some areas, completely defying gravity. Rents have risen as well and unfortunately for buyers, so …