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A best-selling Canadian author of 14 books on economic trends, real estate, the financial crisis, personal finance strategies, taxation and politics.
Nationally-known speaker and lecturer on macroeconomics, the housing market and investment techniques. He is a licensed Investment Advisor with a fee-based, no-commission Toronto-based practice serving clients across Canada.
It is the best of times. It is the worst of times. It all depends if you’re selling or trying to buy a house. That time is now. Everywhere. We are setting our society up for a thumping.
Let’s fly into YYC for starters. In Calgary the jobless rate is close to 11%. The commercial vacancy rate is a withering 27%. Last week it was cold enough for the local kids on TikTok to throw hot water in the air and have it land with a thud. Given the Rona, Biden’s Keystone bomb and these damn EVs, the future’s been flickering in Alberta for a while.