Canadian Real Estate

April 23, 2020 - The Canadian Real Estate Bubble is about to burst and this will impact the Canadian Banking system

This January, Canada lost 88,000 jobs!

 Canada at risk of a banking crisis. Canadians have the MOST DEBT in the World!

Canada..a deja vu of the situation we had in the USA in 2006.  Unemployment rising, Canadians under a financial strain, and a Trudeau spending money like a drunken sailor.

canada mortgage debt 2018 03 mortgage debt usa canada 2018
   

Especially COMMERCIAL banks are a risk factor in Canada: Scotia bank, TD-Toronto Dominion, CIBC,...more in the section for bank & financials

 

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AS OF SEPTEMBER 1ST, THE FRENCH TAX AUTHORITIES WILL HAVE A LIST OF ALL SAFETY DEPOSIT BOXES WITH BANKS.

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