Category Archives: Main Page

Credit bubbles take an elevator up an escalator down. The escalator is now accelerating in Canada even as interest rates and unemployment remain near all-time lows. This suggests that our financial crunch is only getting started, and not just in … Continue reading →

Canada is internationally acclaimed as having some of the most expensive housing on earth.  Nationally, our median home price is $512,000 in 2019 (CREA) and some 7.2 times the national median household income of about $72,000.  The Greater Toronto and … Continue reading →

Of the 96 million barrels of oil consumed globally each day in 2018, 62% was used for transportation, and that majority percentage is under assault. Stephen Schork, president at Schork Group, discusses his skepticism about the upcoming initial public offering … Continue reading →