The State of the Canadian Debt Slaves, and How They Compare to the American Debt Slaves by Wolf Richter • Jun 13, 2019 • 107 Comments This, despite still ultra-low interest rates and highest disposable income ever.
The Most Splendid Housing Bubbles in Canada Deflate Further by Wolf Richter • May 15, 2019 • 57 Comments Vancouver prices drop. Toronto down 3.7% from peak, flat for 10 months. Winnipeg plunges most since at least 1990. Quebec City flat for 6 years.
Boeing, Airbus Carve up Embraer & Bombardier, Chinese Aircraft Makers Still Learning the Ropes by MC01 • May 13, 2019 • 28 Comments Aircraft manufacturing consolidates.
Veil Over Money Laundering in Real Estate Lifted in BC, Canada by Stephen Punwasi • May 10, 2019 • 39 Comments “More than C$7 billion in dirty money was laundered in B.C. in 2018, hiking the cost of buying a home by about 5%, according to British Columbia’s Expert Panel on Money Laundering in Real Estate.”
Vancouver Housing Bust Steepens, Bank of Canada Welcomes “Froth” Coming Off by Wolf Richter • May 6, 2019 • 46 Comments “It is their interaction with froth that matters most. How much a housing market adjusts depends on how much froth there is”: Poloz
How a Little Money Laundering Can Have a Big Impact on Real Estate Prices by Stephen Punwasi • Apr 24, 2019 • 43 Comments Money laundering in Canadian real estate is a widely accepted fact of life these days, but the impact isn’t.
The Most Splendid Housing Bubbles in Canada Deflate by Wolf Richter • Apr 12, 2019 • 109 Comments How do they measure up against the most splendid housing bubbles in the USA? Oops!
Update on the Deepening Housing Bust in Vancouver, Canada by Wolf Richter • Apr 6, 2019 • 71 Comments Market for houses freezes up. House & condo prices drop. High end hit the hardest.
Billions in Toronto Real Estate Bought Anonymously, with Funds of Unknown Origin by Stephen Punwasi • Mar 21, 2019 • 52 Comments Looking to launder some cash?
The Most Splendid Housing Bubbles in Canada Deflate by Wolf Richter • Mar 14, 2019 • 127 Comments How do they stack up against the most splendid housing bubble in America? Holy cow!
