Toronto Housing Bubble Pops. “Genuine Fear” of Price Collapse by Wolf Richter • Aug 3, 2017 • 140 Comments Sales volume crashes, prices plunge from April peak.
“Probably Not a Coincidence that the Prime Minister and I Were in Seattle meeting with Warren Buffett” by Wolf Richter • Jul 24, 2017 • 113 Comments Canadian Finance Minister Boasts about Crony Capitalist Bailout of collapsed mortgage lender. But his assumptions might be wrong.
“Investors Are Being Swindled”: Canadian Accountants Slammed by Contributor • Jul 3, 2017 • 59 Comments People “mistakenly believe their pension plans, mutual funds, and other investments are safeguarded.”
“Tightening” Slugfest Erupts behind the Fed by Wolf Richter • Jun 28, 2017 • 79 Comments July rate hike for Canada is “in the bag.” Bank of England, ECB are scrambling.
Sears Canada Melts Down by Wolf Richter • Jun 22, 2017 • 42 Comments Goes Bankrupt. Lays Off 2,900 People. Shareholders rue the day.
Sears Canada Hires Bankruptcy Advisory Firm by Wolf Richter • Jun 13, 2017 • 51 Comments Same top firm that represents Target Canada in its insolvency proceedings.
Toronto’s Housing Bubble Pops. “The Frenzy is Over – It’s Over” by Wolf Richter • Jun 5, 2017 • 135 Comments New listings soar as sales plunge. Prices drop 6% in just one month.
All Heck Breaks Loose in Toronto’s House Price Bubble by Wolf Richter • May 24, 2017 • 123 Comments “It’s fear.”
“Is Inflation Understated” in Canada? You Bet: National Bank by Wolf Richter • May 23, 2017 • 29 Comments This is how.
Chilling Thing Insiders Said about Canada’s House Price Bubble by Wolf Richter • Apr 29, 2017 • 111 Comments What are homes & mortgages worth when push comes to shove?