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Sold My Canadian Bank Holdings, Here’s Why!

Sold My Canadian Bank Holdings, Here’s Why!

  Real Estate bubbles in Toronto and Vancouver, high debt to GDP, high housing prices to median incomes and bank news have spooked me. As a result I have sold all my Canadian Banks and Home Capital Group. Debt/GDP-http://business.financialpost.com/news/economy/canadas-record-household-debt-is-threatening-its-financial-stability-global-bankers-fear Percentage of median income to afford real estate: https://opentextbc.ca/geography/chapter/case-study-2-2/ Median Real Estate Price to median incomes: […]

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Bundling Mortgage backed Securities in Canada?

Bundling Mortgage backed Securities in Canada?

After watching the movie the Big Short I heard all about mortgage backed securities. It makes me nervous to learn that a major Canadian bank is putting together a similar type of product. I am not saying it will be filled with bad mortgages but it does raise a question for me is why now […]

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