Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate

   By Guest Blogger Ryan Lewenza .

Last week, we received first quarter GDP for the Canadian economy, which showed a modest contraction of 0.1% on an annualized basis. This follows a 1% decline in the fo...

Elon may be worth a trillion by sunset today, but how about you?

Are you worth a million?

New research shows that, ah, you’re probably richer than you think. Seriously. It’s a thing now. The average Canadian household’s net worth surpassed a million dollars for the first time last year.

Sure, wealth is grossly unequal. Yup, Ontario, BC and the Rep...

Veteran real estate broker Robert Ede says average prices could rocket ahead 1.09% this month. Or, they could tank by 2%.

Yup. That’s reality. Nobody knows. Not your local house-flogger. Not even the guys running the nation’s central bank.

When the Bank of Canada decided to keep its rate locked in at 2.25% yesterday (for the fifth time) it said if the Ca...

Should you buy SpaceX?

Trick question. You probably can’t. Shares in the hottest-ever IPO in human history will be scarce in Canada. In fact, three of the four investors, funds and institutions wanting a slice of Elon won’t be sated. The IPO is oversubscribed.

Massively.

Reports peg current commitments at $250 billion for what was expected to be $...

Lots of Canada-bashing lately. A nation on the brink.

Here’s the latest. Financial anxiety is surging in our country, claims a Léger poll, thanks to the cost of food, housing and energy. “The crisis is deepening faster than many people realize,” says the sponsor (United Way), “now affecting Canadians who once considered themselves financially stable.”

Th...