Tagged With "Canada"

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Re: Canada's sliding currency rattles consumers

kp ·
Foreign students pays twice as much as Canadians, plus the high cost of living. Americans can invest in Canadian currency, the Cda .dollar will get to 85 cents US in five years, it all hinges to OIL, the auto makers are reverting to big SUV's and trucks, electric cars are not making it, some models are scraped.If and when ISIS is controlled or eliminated then the bootleg oil market will close and oil price will get to $90. a barrel.The tourist industry in Canada is a boom , so anything...
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Re: Canada's sliding currency rattles consumers

politikalamity ·
Even though education cost for foreign students is more in Canada it is still much cheaper than in the US. There are a couple of bonuses with studying in Canada as a foreign student: You will do internship as a PEY or co-op student for 16 months which will make you work ready. As an engineering student I know a company that pays 45K per yr to these students. That alone will pay at least their living expense Most foreign engineering and medical students receive Canadian residency and 1 yr...
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Re: Canada's sliding currency rattles consumers

politikalamity ·
WRT RE: that is neither here nor there. I bought a second house for investment in Richmond Hill 5 yrs ago and it has doubled in price and still going up. This looks like a big bubble. However, when you look at the people buying - mostly Asians and then you travel through Asia you will understand why they would want to live in Canada and the US. So yes it is a bubble and will correct but how much of a correction. I do not know. Vancouver, Toronto and the GTA are still very hot. Personally the...
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Re: Canada's sliding currency rattles consumers

yuji22 ·
Politikalamity, You should advise posters that it is Richmond Hill, Canada. They might assume the it is RH, NY. Yes, Vaughan and Richmond Hill are very hot for prices. Vaughan and Woodbridge single homes start around the $ 1 million dollar range, running into the tens of millions. Excellent investment choice.
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Re: Canada's sliding currency rattles consumers

RiffRaff ·
Some RH, NY houses are close to US600K and more....that is over a million Canadian...
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Re: Canada's sliding currency rattles consumers

yuji22 ·
You are excluded and excused from a financial debate.
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Re: Canada's sliding currency rattles consumers

RiffRaff ·
If you think knowing RE value in one neighborhood vs another is finance, then you don't know much
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Re: Canada's sliding currency rattles consumers

Drugb ·
Probably not practical for Americans, investing in homes in Canada. You would have to rent it out and pay taxes and pay someone to manage the rental. Is it worth the while when factoring these costs?
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Re: Canada's sliding currency rattles consumers

politikalamity ·
Renting in Canada is not the easiest, because there are a lot of laws protecting renters, however, if you do your due diligence and background check you can be successful. You can rent a 2000 sq ft. single detached house in Richmond Hill for 2.8 - 3K per month, plus utilities But the goal should be for long capital appreciation in a well-diversified portfolio. Real estate can be very good and return a lot in the short term on speculation. However, the long term capital return on RE is around...
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Re: Canada's sliding currency rattles consumers

cain ·
The last condos on sale in my neck of the woods uptown Yonge/Davisville, Chinese aren't just purchasing a unit, some of them take the whole floor, these go for around $400k.
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Re: Canada's sliding currency rattles consumers

Mr.T ·
The Chinese, and many others, buying up London as well. Houses in my street are about £600K, which is about U$850K. And they are just ordinary houses. The better ones are now starting at £1million. The locals can't afford that kind of mortgage. 80% is all foreign money.
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Re: Canada's sliding currency rattles consumers

cain ·
400k a unit not a whole floor. 10 -12 units per floor.
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Re: Canada's sliding currency rattles consumers

politikalamity ·
Yeah its crazy and it is happening everywhere...London is simply outrageous! I have some young cousins in London who are wondering if they will ever afford property in that city I just came back from a six country Asian trip and its happening in HK, Macau, Taipei, Bangkok, Singapore and KL. I visit Asia often and RE gets more expensive all of the time. The Chinese are doing whatever they need to do to move their money out of China.
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Re: Canada's sliding currency rattles consumers

cain ·
Gotta get me some shares in 'erb.
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Re: Canada's sliding currency rattles consumers

politikalamity ·
its nuts Cain. It takes two professional salary to afford a home in Toronto and the GTA now. I do not know how the average person is managing, we need more low cost housing. I am actually happy that Richmond Hill is actually building a mixed income building - meaning the rent will be normal for those that can afford but quite a few units are being set aside for low cost housing. I like this idea, I hate the clustering system of putting all low cost housing in one place, people unfairly got...
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Re: Canada's sliding currency rattles consumers

politikalamity ·
You did not buy!?!?! Some of my friends made a killing on some venture stocks!
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Re: Canada's sliding currency rattles consumers

cain ·
Nope slowwwww!!!!
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Re: Canada's sliding currency rattles consumers

cain ·
Gettin talked into it Poli, why does author say the part I hilited,after all the good review? Marijuna Stocks to Buy - GW Pharmaceuticals plc (GWPH) is a one of the only marijuana stocks that isn't a penny stock. Shares of GW Pharmaceuticals plc (GWPH) trade for $88 and was one of the top performing marijuana stocks in 2015 after shares hit the $130's. This weed company treats diseases using cannabis. GW Pharmaceuticals (GWPH) is engaged in the research, development and commercialization of...
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Re: Canada's sliding currency rattles consumers

ba$eman ·
Economy getting his hard, sliding oil!!
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Re: Canada's sliding currency rattles consumers

Amral ·
bai things getting expensive in the produce section at the stores. We getting price changes every week also and minimum increase on some products is 50 cents
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Re: Canada's sliding currency rattles consumers

ba$eman ·
Things could get tough in Canada.
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Re: Canada's sliding currency rattles consumers

Bibi Haniffa ·
The greenback is King of the Jungle now. When the US shoppers go to shop in Canada. It's like getting 50% off.
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Re: Canada's sliding currency rattles consumers

ksazma ·
Not so long ago the Canadian dollar was on par with the US (back in 2007, it was higher), this week it was about 1.42 to 1. Rough for the Canadians.
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Re: Canada's sliding currency rattles consumers

ba$eman ·
Canada is always a nice place to go, this is just an added bonus!
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Re: Canada's sliding currency rattles consumers

Mr.T ·
I hardly get orders from Canada these days. The exchange rate has killed off that line of export for now.
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Re: Canada's sliding currency rattles consumers

Drugb ·
Are there any other opportunities to take advantage of the sliding Canadian dollar? I would expect that this would be a great time to send American kids to the Canadian universities to take advantage of the exchange.
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Re: Canada's sliding currency rattles consumers

RiffRaff ·
Canadian universities are much less expensive then US without the slide
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Re: Canada's sliding currency rattles consumers

ba$eman ·
The Canadian with US dollar denominated assets should look to liquidate and take advantage of Canadian commodity-based investment opportunities which is depressed at the moment. A current levels though, I believe there is further downside so I say ride it a bit more. This oil "cold-war" between Saudi and Iran just heated up. It has more to run before someone capitulates.
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Re: Canada's sliding currency rattles consumers

Abu Jihad ·
Look to buy properties in places like Nova Scotia or PEI. 50% discount at the moment.
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Re: Canada's sliding currency rattles consumers

ba$eman ·
Be careful, the RE market was overheated anyway. Some of these will take over a decade to recover and will depend on continued immigrant inflows, mainly from Asia. Look before you leap!
Topic

Romeo Bacchus - Dr. Crime

Nick McGinley ·
It's not a family history question, but it is an interesting sidenote in Guyanese history, so I thought I'd ask it in this section. My name is Nick McGinley - I'm an Irish writer. My friend Glenn from Suriname told me his story of knowing Romeo Bacchus aka the con artist, Dr. Crime in 1973 when Bacchus wanted help to get to the Netherlands where he stayed for 9 months and then used Glenn's identity to con people in Canada. I think the exploits of Dr. Crime could make for an interesting book.
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