There are many misunderstandings of the years-long Canadian housing bubble. This video does a good job breaking down the looming bust and what it could mean to our economy.
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 […]
Is there such a thing as a secular financial bubble? Has the financial sector become bloated out of proportion to the economy over the last few decades and is there be a contraction in store, abrupt or prolonged, back to a smaller financial sector? Was the crisis of 2008 merely the start? I’m not sure […]