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A Canadian Story of Woe

    One of the challenges of being a financial advisor is finding ways to convey complex financial issues in simple ways to my clients and readers. I believe I do this to varying degrees of success, and I am informed of my failures by my wife who doesn’t hesitate to point out when I’ve […]

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This House Kills the Middle Class

Evidence shows that if too much wealth is concentrated in housing it can widen wealth inequalities and significantly hurt the middle class.

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Are Economists Incompetent or Just Unhelpful?

Over the past two years, despite a great deal of negative news, the BoC has never changed it’s views on threats to the Canadian economy. How can that be?

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Pay No Attention to the Bubble Behind the Curtain

Mortgage slaves, growing non-prime debt and private lenders are helping define the worsening picture of the Canadian housing bubble. But don’t worry, because according to banks, economists and politicians everything is alright!

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A Financial Advisor’s Thoughts on the Election

There are a lot of issues in this election. The Walker Report looks at three that can be meaningful when it comes to investing and saving.

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The Three Most Dangerous Things This Morning

This week three big issues are defining the financial landscape Greece Isn’t Done Yet! Despite a no vote in Greece over the weekend, the EU still believes it is within the collected interest within the Eurozone to stop Greece from imploding. Strong resistence seems to be coming from Greece on this issue as the Greek […]

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Danger Creeps: Housing Bubbles and Crying Wolf

If you’re¬†looking for some good reading¬†Google “Canadian Housing Bubble” and you could fill a library with the amount of material available. There isn’t a week that goes by without some new article somewhere screaming with alarm about Canada’s precarious and overvalued housing market. I’ve written many myself, but in conversation almost everyone admits that regardless […]

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It Doesn’t Matter if There Isn’t A Real Estate Bubble

Last week I published a piece on the dangers of the housing bubble in Canada. It caused a stir with a number of clients and followed many articles over the past two years about our concerns with the Canadian economy. But on Wednesday I was at an industry lunch with another group of advisors talking […]

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Why It Matters If The Fed Raises Rates

This summer might prove to be quite rocky for the American and global economies. The smart money is on the Federal Reserve raising its borrowing rate from a paltry 0.25% to something…marginally less paltry. But in a world where borrowing rates are already incredibly low even a modest increase has some investors shaking in their […]

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Canada’s Problems Are More Severe Than You Realize

On December 10th, the Bank of Canada released it’s Financial System Review for 2014. It outlined numerous problems that continue to grow and potentially undermine the Canadian economy. Globally this report attracted a great deal of attention, not something the BoC is used too, but with a rising concern that the Canadian housing market is […]

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