Will we see the Canadian dollar completely collapse when the housing bubble in Canada finally pops?

Will we see the Canadian dollar completely collapse when the housing bubble in Canada finally pops?

What does that mean for the USA since we are big trading partners?

Other urls found in this thread:

zerohedge.com/news/2016-03-03/its-official-moment-canada-has-no-gold-reserves-left
vice.com/en_ca/article/zn85qw/a-look-into-nestles-controversial-water-bottling-business-in-canada
theglobeandmail.com/report-on-business/international-business/how-much-of-canadas-energy-resource-lies-in-foreign-hands/article5937249/
business.financialpost.com/news/economy/with-twice-the-debt-of-california-ontario-is-now-the-worlds-most-indebted-sub-sovereign-borrower/wcm/30c38ab9-4a3f-4f39-ac95-4d9516013d89
globalnews.ca/news/3529644/asylum-claims-canada/
twitter.com/SFWRedditImages

Just annex them.

>Just annex them.
china will not allow it.

Canadian google searches for "file bankruptcy". We're definitely on the precipice of a financial collapse.

fuck, that's actually pretty frickin bad.

Notice how it's almost completely in line with Trudope's election.

According to Sup Forums Canada has been on the verge of financial collapse for years, still absolutely nothing though

The further the can is kicked down the road, the harder the crash will be.

>According to Sup Forums Canada has been on the verge of financial collapse for years

We also predicted that you'd have to call it Her Dick, the housing price crash, the nearest rate rise, we were the first to report on Home Capital etc etc. check the archives

*interest rate raise

A lot of companies are leaving Canada in favour of US due to dip shit policies and retarded tax rates.

Trutardo can't compete with Trumps job making policies. At least we will have that 20 million diversity garden!

We also lost a $36-billion liquefied natural gas development due to being a clusterfuck of a country.

>I saw with my own eyes candians defending this loss as though it were a gain.
>verily I saw madmen proclaim themselves sound of mind and declare defeat to be victory
>in the land of Canada

Thats oil crash AKA alberta
Corporate tax is roughly the same - show your source for that.
That was BC being BC on environmental concerns.

>That was BC being BC on environmental concerns.

Turning down once-in-a-lifetime opportunities in the hopes that someone will bro you another one... I hope you aren't seriously defending this. You are fucking mindbroke if you are.

ITT retards
This is what happened. A bunch of retards decided to cash in on their home equity and took out 6 digit loans. Now that the housing market is starting to blow off some steam do the regulations, these people are starting to sweat. But this is a consequence of housing restrictions in GTA and Vancouver. Has literally nothing to do with global interest in real estate in both Vancouver and GTA. I don't expect Americans to know anything about housing laws in Vancouver or GTA, all you retards do is spew garbage from Albertans bitter than Vancouverites are millionaires and Albertards have to pan handle for tomorrow's dinner.

At ANY time, the government can lift restrictions to housing and the market will start to rise again.

>ITT retards

>calls everyone retards then make a retarded post.

This is some playground shit.

>7/15 posts
yes you are the big retard in this thread. im glad you realized.

So this is the power of leafposting.

>oil crash
lolno, the oil crash took place in 2014. This is late 2015-now.

>At ANY time, the government can lift restrictions to housing and the market will start to rise again.

how much higher can it rise leaf you're already paying 1 million dollars for a cuck shed aka 2 bedroom 1 bathroom. Your entire housing market is being driven from china investing in your property. Its not like your land is even that great or top notch.

What you're about to see is a total meltdown when people realize that they invested in property worth several times less in value then what they paid. The economy will come to a screeching hault and the government will be asked to bail you out.

BUT OH WAIT WHATS THIS
You dont have any fucking gold you sold it all off.
zerohedge.com/news/2016-03-03/its-official-moment-canada-has-no-gold-reserves-left

Well at least you have all your natural resources. OH FUCKING WAIT AGAIN YOU SOLD THOSE OFF TOO.
vice.com/en_ca/article/zn85qw/a-look-into-nestles-controversial-water-bottling-business-in-canada

40% of your own resources are owned by the USA
theglobeandmail.com/report-on-business/international-business/how-much-of-canadas-energy-resource-lies-in-foreign-hands/article5937249/

Well surely with an economic powerhouse like toronto we will weather the storm and get back on our feet.
business.financialpost.com/news/economy/with-twice-the-debt-of-california-ontario-is-now-the-worlds-most-indebted-sub-sovereign-borrower/wcm/30c38ab9-4a3f-4f39-ac95-4d9516013d89

TWICE THE FUCKING DEBT OF COMMIEFORNIA YET 1/3 THE POPULATION. EACH CITIZEN OWES 6 TIMES WHAT COMMIEFORNIA OWES TO THE GOVERNMENT.

Well at least we still have our land... THAT YOU ALL SOLD TO CHINA.

Leaf post all you want you sir are fucked.

I want to leave this country.

JUST

As canada takes in more illegal aliens with no purpose but to find tax avoiding jobs, the canadian dollar will sink lower and lower.

Since canada has no gold to back their dollar, there is little incentive for foreign investment.

Several years ago, tim horton sold out to Burger King (which is hilarious in itself) there is stagnant corporate growth.

>Increase of asylum claims in Canada means wait times could hit over 11 years, cost $2.97B

End homelesness in Canada once and for all or bring in refugeees with that 3 billion... tough call.
globalnews.ca/news/3529644/asylum-claims-canada/

3 billion/12,000=250,000 homeless could have their needs provided for one year