Gold has been in a bear market for the past few years and gold miners have suffered. On the positive it has resulted in many miners to cut costs and push for efficiency. Agnico Eagle Mines is a Canadian based mid sized gold mining company. It is well run and a large part of its […]
Category: Canada
Vancouver Real Estate Mania
On January 29th, 2016, Vancouver went crazy. The story of a humble 86-year-old home in Vancouver’s Point Grey neighbourhood was widely circulated by national media outlets and became a lightning rod for local frustration with skyrocketing property values. The “knockdown”, with its rotting walls and $2.4 million asking price, perfectly underscored how crazy the […]
Canadian Housing is Being Propped Up by Just One City
By JEFF DESJARDINS at Visual Capitalist WITHOUT VANCOUVER’S GAINS, THE MARKET WOULD HAVE DIPPED -1.1% IN FEBRUARY 2016 ‘Markets can remain irrational longer than you can remain solvent.’ – John Maynard Keynes The last time we gave a good run down of Canada’s housing market was in May 2015, when we noted that The Economist gave […]