Canada

Is Canada Next? Housing Bubble Threatens ‘Financial Stability’

by Wolf Richter • Oct 1, 2014 • 15 Comments

Bank of Canada: it’s so vast and weighed down with so much debt that a “sharp correction in house prices” could take down the financial system.

Germany U-Turns, Torpedoes Corporate Sovereignty Charter in Trade Agreements With US and Canada, Resistance Grows

by Don Quijones • Aug 1, 2014 • 1 Comment

Germany has learned a lesson: it’s being hounded by a foreign corporation over its nuclear energy policy

Canada’s Magnificent Housing Bubble at Risk, Fitch Says

by Wolf Richter • Jul 16, 2014 • Comments Off on Canada’s Magnificent Housing Bubble at Risk, Fitch Says

Solution? Not raising interest rates. EVER. That would prick the bubble violently. Instead, Fitch says, the government should “engineer a soft landing.” Good luck!

Is Canada Next? (A Very Ugly Chart)

by Wolf Richter • Jul 15, 2014 • 10 Comments

‘Hours Worked’ plunged in the second quarter at a rate last seen during the middle of the Great Recession, a terrible harbinger of GDP.

Outcry as Canada Considers Nuclear Waste Facility on US Border

by Oilprice.com • Nov 15, 2013 • Comments Off on Outcry as Canada Considers Nuclear Waste Facility on US Border

By Charles Kennedy, OilPrice.com: Canadian plans for a large nuclear-waste facility on the Canadian side of Lake Huron, directly opposite the thumb of the State of Michigan, are triggering a cross-border public outcry and a looming diplomatic backlash.

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