• Meanwhile, Canada’s ‘Free’ Health Care System Is Also Exploding Via @dailycaller
    Aug10

    Meanwhile, Canada’s ‘Free’ Health Care System Is Also Exploding Via @dailycaller

    ‘Health care in Canada isn’t free…’ By David Krayden (Contributor) “Free” Canadian healthcare is not free, according to a report released Tuesday by noted conservative Canadian think-tank, The Fraser Institute. The report illuminates that a “typical Canadian family of four will pay $12,057 for health care in 2017—an increase of nearly 70 percent over the last 20 years.” Canada operates under a medicare system...

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    Toronto Housing Market Implodes: Prices Plunge Most On Record
    Aug07

    Toronto Housing Market Implodes: Prices Plunge Most On Record

    Home prices in Canada’s largest city just suffered their biggest monthly drop on record amid government efforts to cool the market and the near-collapse of Home Capital Group spooked speculators. by Tyler Durden (Zero Hedge) Until mid 2017, it appeared that nothing could stop the Toronto home price juggernaut: And yet, In early May we wrote that “The Toronto Housing Market Is About To Collapse“, when we showed the flood of...

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    Toronto home sales drop most since recession as new rules put brakes on market
    Jun07

    Toronto home sales drop most since recession as new rules put brakes on market

    The Toronto housing market is finally starting to show some strain as active listings soared in May and prices dropped sharply from April By Garry Marr (Financial Post) TORONTO — Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per cent from April, results based on the first full month of data following a major...

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    Canadians now have more than $2 trillion in debt – Business Insider
    Jun01

    Canadians now have more than $2 trillion in debt – Business Insider

    The latest Bank of Canada tally on consumer debt shows Canadians didn’t slow down the rate they accumulated debt, they actually started acquiring it faster. By Kaitlin Last, Better Dwelling All of those government warnings about Canadian debt apparently had zero impact. The latest Bank of Canada (BoC) tally on consumer debt shows Canadians didn’t slow down the rate they accumulated debt, they actually started acquiring it faster. Both...

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    Half of Canadians Have Less Than $200 in Savings | Zero Hedge
    May19

    Half of Canadians Have Less Than $200 in Savings | Zero Hedge

    More than half of Canadians are living within $200 per month of not being able to pay all their bills or meet their debt obligations. by Tyler Durden Two months ago, when quoting the CEO of cell phone insurer Assurant, who appeared on Bloomberg TV to discuss business trends, one of his quotes caught our attention: “the reality is, half of Americans can’t afford to write a $500 check,” Colberg said. We decided to look into the...

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    Canada’s Housing Bubble Explodes As Its Biggest Mortgage Lender Crashes Most In History | Zero Hedge
    Apr27

    Canada’s Housing Bubble Explodes As Its Biggest Mortgage Lender Crashes Most In History | Zero Hedge

    Call it Canada’s “New Century” moment. by Tyler Durden   Call it Canada’s “New Century” moment. We first introduced readers to the company we said was the “tip of the iceberg in Canada’s magnificent housing bubble” nearly two years ago, in July 2015 when we exposed a major problem that we predicted would haunt Home Capital Group, Canada’s largest non-bank mortgage...

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