Are we really surprised. Prices of everything suck. Taxes on everything suck. Insane government spending and bloat suck. But this is Trumps fault right…/s
USA has a faster GDP growth according to international monetary foundation latest update : USA : 2% which has been raised since April ( when it was 1.8%) but Canada : 1.2% which has been declined since April ( when it was 1.6 %)
Well if Canada‘s economy tanks it won’t have a huge impact on the global capital markets so at least our equity investments won’t shit the bed like they did in 2008. People obsessed with investing all their assets in a single sector of a single economy (Canadian residential real estate) will get shafted - or if they are leveraged they will lose everything. For the non landlords it may even have an upside other than older people getting close to selling their principal residence that can’t wait out a dip.
IF Trump wanted to tank our economy all he would have to do is make it illegal for American corporations to invest in our housing market, or citizens to own houses here.
Canadian economy going at the current trajectory, if nothing changes drastically will tank in a matter of a few years, Trump will scoop us the whole country at a bargain price, I think that’s his end goal, I might be wrong
Well in Canada people don’t have many other options for investment. Canadian economy is over regulated, over taxed and with a lot of red tapes.
Every industry is dominated by the few players and the government makes sure that they are protected and shielded from competition.
So investments options are limited in Canada, there’s not much besides real estate.
Even Carney is heavily invested in the US he doesn’t invest his own money in Canada! That should be a clue for Canadians
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So glad the federal government is uplifting its citizens it’s comforting. lol
Mark Miller has an Idea that will stop any crash!
I see no problem. People will just print their own money!
Are we really surprised. Prices of everything suck. Taxes on everything suck. Insane government spending and bloat suck. But this is Trumps fault right…/s
The US is sliding into a depression so yeah.
The writing has been on the wall for 5+ years.
...and they're clearly deep in denial.
USA has a faster GDP growth according to international monetary foundation latest update : USA : 2% which has been raised since April ( when it was 1.8%) but Canada : 1.2% which has been declined since April ( when it was 1.6 %)
...and even faster growing economic inequality.
Just like it was immediately before the great depression.
😂 sure! If that makes you feel better
Well if Canada‘s economy tanks it won’t have a huge impact on the global capital markets so at least our equity investments won’t shit the bed like they did in 2008. People obsessed with investing all their assets in a single sector of a single economy (Canadian residential real estate) will get shafted - or if they are leveraged they will lose everything. For the non landlords it may even have an upside other than older people getting close to selling their principal residence that can’t wait out a dip.
IF Trump wanted to tank our economy all he would have to do is make it illegal for American corporations to invest in our housing market, or citizens to own houses here.
True but that would be detrimental to America’s 0.1% so will never ever happen.
Trump wants our natural resources and to annex us. They would make a lot more ftom that thrn investing in our housing
Canadian economy going at the current trajectory, if nothing changes drastically will tank in a matter of a few years, Trump will scoop us the whole country at a bargain price, I think that’s his end goal, I might be wrong
Well in Canada people don’t have many other options for investment. Canadian economy is over regulated, over taxed and with a lot of red tapes. Every industry is dominated by the few players and the government makes sure that they are protected and shielded from competition.
So investments options are limited in Canada, there’s not much besides real estate.
Even Carney is heavily invested in the US he doesn’t invest his own money in Canada! That should be a clue for Canadians
Typical Canada 10 years or worse behind the rest of the world.
way worse.
https://preview.redd.it/7h4yt4kqf97g1.png?width=687&format=png&auto=webp&s=b210462e6acd6bf1484939b66fb50c433dcf1464
We are fine nothing will happen, we got the smartest guy this time around to fix this
/s
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Oh, import more immigrants in to drive your wages down further. In a hole, might as well keep digging.
I guess it wasn't immigration after all it was a housing bubble.
Wtf do you think helped contribute to it?
Out of control speculation driven by mass immigration rhetoric.
it wasn't speculation or immigration at all its all the overzealous zoning regulations! that's what caused the housing problem
Canada builds way more multifamily units than the US yet has way more expensive housing.
Youre clueless. 15min cities arent helping.
What are you even talking about? Canadian house prices are on par with cities like NYC or Sanfransisco.
https://preview.redd.it/s8jkyx4rr97g1.jpeg?width=640&format=pjpg&auto=webp&s=ad4b9462a19e73349d633ad8d0e09ce0366298e4
I dint see NYC or Sanfransisco on that list
https://preview.redd.it/xmhohkuyu97g1.jpeg?width=3652&format=pjpg&auto=webp&s=ad103f7b9e15ace3121a91644aee073639267ce4
There's actually way more speculation than people think.