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Canada’s coming housing bust

Posted on 15 November 2010

From CNN: America may be on the ropes, but its neighbor to the North wants everybody to know that, in contrast, it’s doing just fine. Canada, once known mainly for its Mounties, maple leaves, and muscular peacekeeping presence, now can crow about how it managed to avoid the financial crisis that devastated many of the economies of the Western world.
For instance, not one Canadian bank failed during the crash and only one reported a loss……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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