Will Canada’s housing bubble burst?

Will Canada's housing bubble burst?Home ownership is at the centre of many Canadians’ financial retirement plans. That’s especially true for baby boomers who are sitting snugly atop a nice wave of real estate inflation. In fact, the average price of a detached home in Canada has doubled since 2000, and in September was sitting at $331,000. Of course that number pales when compared to Vancouver, where the average price for the same period was…

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The Crisis of Credit Visualized

The Crisis of Credit Visualized[youtube iYhDkZjKBEw] The great financial crisis of 2008 left many asking what exactly happened.   Here is a video that helps explain it in easy to understand terms.  The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated.

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