Recent Canadian real estate data shows that the housing market has cooled; however, the much needed correction of valuation is far from over. Overall the housing correction was felt the most in Calgary; cities less affected were Regina and Montreal. Take a look below for average price statistics: Canada’s Housing Price Statistics Besides Calgary, the decline […]
Tag Archive | "Bank of Canada"
Canada’s Housing Bubble – Has Cooled but When Will it Crash?
Posted on 18 December 2012.
Posted in Housing BubbleComments (852)
Canadian Banking System Exposed
Posted on 12 December 2012.
Despite what is commonly understood, the Canadian banking system is as strong and resilient as most people might assume. According to the World Economic Forum, Canada is ranked #1 in the world for “the most sound banking system in the world”. I am not sure what world they live in, though. The Canadian banking system is no […]
Posted in Economic CrisisComments (1,078)
Oh Canada Movie – Our Bought And Sold Out Land
Posted on 28 November 2012.
Title: Oh Canada Movie – Our Bought And Sold Out Land Year: 2009 [rate] This 2009 entertaining documentary film explores the history of banking, the selling out of the prosperity of Canada, the clearance sale of Canadian businesses and the political liquidation of public infrastructures to the multi-national corporate oligarchy. How has this led to […]
Posted in Housing Bubble, VideosComments (1,898)
Can the Canadian Dollar Collapse?
Posted on 12 November 2012.
There has been much speculation regarding the stability of the US Dollar, especially as the Federal Reserve continues to use its printing press at full speed. Printing currency destroys the value of money—period. But how will other fiat currencies par with the debasement of the US Dollar, specifically the Canadian Dollar? Even though the Canadian economy […]
Posted in Gold and Silver, US Dollar CollapseComments (1,584)
Is the Canadian Dollar Backed by Gold?
Posted on 12 November 2012.
The Canadian Dollar, among a long list of other currencies around the world, is no longer backed by gold. No gold, silver–nada is backing the value of the Canadian Dollar. The Gold Standard for the Canadian Dollar was officially abandoned on April 10th, 1933. This is not to be confused with the US gold standard, which was officially […]
Posted in Gold and Silver, US Dollar CollapseComments (2,076)
How Will Canada Be Affected by US Inflation?
Posted on 20 June 2012.
Much has been stated about the stability of the US Dollar in recent year, as the federal reserve continues to pursues reckless economic polices i.e. using the printing press at full speed to inflate the money supply. Printing currency destroys the value period of money. Although, how will other fiat currencies par with the debasement […]
Posted in US Dollar CollapseComments (1,996)
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