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Canadian Stocks Enter 'Correction' - Drop 10% From Highs
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Canada has a stock market? Those crazy cannucks, trading logs, shale and junior hockey stats.
FxCK you Yankee! You know what a yankee is -- it's a quicky but your by yourself because nobody likes you.
take off hozer
Well one thing is for sure we share one serious problem -- our borders.
Both the U.S. and Canada have uneducated, ignorant freeloading bums on our southern border that want to escape into our country for a better life.
I share your pain Yankee.
Canada is a beautiful country with great people. It's just too cold most of the year for the FSA bums.
Canada is a beautiful country for its great people.
Leave the rest of us out of it.
As a Canadian I would say our biggest weakness is our rabid defensiveness and strange effort to deny we are the most like Americans of any country in the world. It comes from most of the key events in English Canadian history coming from specific divergence from the US. It is weird that we define ourselves very heavily on what we are NOT, even though to the rest of the world we are so similar.
Who are really out of sync are teh Brits, who are the original Zionist world empire and think they are some free thinking intellgentsia. Gotta love the London music crowd, damn near as ignorant as the Hollywoods idiots.
BTFDEh?
We speak as Canadians. We can tell you that the majority of Canadians (at least those in urban centers in the east) are a bunch of smug douchetards that think they are morally and intellectually superior to everyone.
How many Canadians does it take to change a lightbulb? Depends on where you are:
- in most of Canada, it only takes one
- in Calgary, it takes 3 -- one to change the bulb and 2 to reminisce about the '88 Olympics
- in Vancouver, it also takes 3 -- one to change the bulb and 2 to sell/buy the house that contains it
- in the Maritimes, it takes 2 -- one to change the bulb and one to get the pogey cheque
- and in Toronto, it takes all 33 million -- one to hold the bulb and the rest of the country to rotate around them
An ode to us listless Canucks
Our markets are hemorrhaging bucks
We haven't got fear
We're too drunk on beer
Our traders are out hunting ducks
Last line:
While sit and watch ice hockey pucks
There is no fucking difference between WA and BC when you cross the border, except for the flags. Even the uniforms of the border agents are pretty similar...
...except for the lack of guns.
A key aspect of Canadian propaganda (on the news, etc.) is to make ppl think that things are vastly different and better in Canada than in the US, when in fact it is the
I guess the one advantage of Canada is that we are generally always just 20 years behind the US, misery-wise. So yes, things for common people are 5-10% better as always, but experience tells us that we are just following behind the US, so even if things are a tiny bit less shitty here, we know it will only get worse from now on (if things go according to TPTB's plans), and so we just need to look south to get a sense of what's coming in the next few years. Fucking Canada!
Welcome to our misery then.
Sorry.
Median income in Canada pulled into a tie with median United States income in 2010 and median Canadian income has surpassed the median United States income since then.
http://www.nytimes.com/2014/04/23/upshot/the-american-middle-class-is-no...
Thanks dictator Obola!
nailed it...
So similar as to both be Rothchild debt slave holes of the first order, willing to do whatever the pretty people on TV tell them to do.
"A key aspect of Canadian propaganda (on the news, etc.) is to make ppl think that things are vastly different and better in Canada than in the US, when in fact it is the same Israel-first sociopath politicians"
Canada also seems to have the same radical Islamists
http://www.torontosun.com/2014/02/14/radical-islam-is-on-the-march-in-ca...
Canadians, we are the most like Americans than people from any other country because we have been fed the MSM from the US since approx 1973, We watch American television networks supplied by our cable companies.
Been to various parts of Canada. Most of it was nice, but in order to afford a house, you have to eat Kraft Dinner and not much else.
House prices up there soared out of sight same as Australia and NZ and for many of the same reasons.
Depends where you are. The interior of British Columbia has had falling real estate prices since 2007. Seems like it has bottomed but has dropped approximately 40% in the area I am in. Granted the prices went way too high in the first place. Average home is now $150,000 to 200k
Major markets had small downturn six or seven years ago and then continued up. Undoubtably due to our wide open immigration policy and the influx of Chinese money. However, there is a problem in Vancouver where a good percentage of houses sit vacant. One of the mayoral candidates has proposed a separate tax on vacant properties.
Eliminate income, beer, cigs, and sales taxes. Just have a property tax like Texas and you would get my vote.
I love Kraft dinner.
Me too but I almost always over cook the noodles and they are limp because they are low grade.
That was pretty good. And you are correct.
Yes that was good and oh so accurrate. Peace everyone I am the biggest fan of the Americans here in Canada and I just like to poke you once and awhile so you do not take us for granted:-)
But I am a fan of the people -- not the Government.
that's funny shit.
Hey, no more than three taps next time you take a piss, okay ben.
Yeah, you would like to fuck me wouldn't you? You'd never go back to farm animals again, I'll tell you that much...
Bindar, I down voted you and I'm a Canadian, America is full of good people, it's their theiving lying terrorist government that's the problem.
World's largest market for PM miners. If you are a regular here, you should know that.
don't forget maple syrup you hoser. we mass produce it here in our igloos while saying 'eh' at the end of every sentence.
Yeah... and the Canadian market is not for the faint of heart or the stupid. Each province regulates it's trading forum as there is no national regulatory body watching out for your backside. The Canadian market is known internationally as a "wild west" operation, especially outside of Ontario and the Toronto exchange. Buyer be very aware and the local big five banks are up to their eyeballs in all of this.
Better than having one corrupt bankster organization in the darkness to bind them.
Give away one free tree hugger with each ton of logs.
Each ton of logs?.......you have over estimated the export market for twigs and sticks.
going to buy maple syrup by the drum
Burger King buying Tim Hortons was more than we could take.Actually we sold it at the top.
Always Fresh!
eh ?
Actually, I always preferred Robin's donuts.
i met a Canadian once. Couldn't hold his drink. Ha ha. Ha ha. Yeah it's all coming back now...
I'm a lumber jack and I'm ok, sleep all night and work all day. EH
I cut down trees, I skip and jump,
I like to press wild flowers.
I put on women's clothing,
And hang around in bars.
http://olduvai.ca
Looks like a tropical shit quake blew through Canada! It's fuckin Laheys fault that drunk bastard!
Ricky for Prime Minister! Or whatever they call their lying, criminal puppet. (He got his grade 10.)
Just wait for global warming. It's mid October and 23 degrees (74 Fahrenheit ) in Toronto today when 10 years ago I would have been shovelling snow.
Now buy some more oil and lumber from us, we will continue to pay you to take our garbage, but don't you dare touch the largest fresh water supply on the planet as we are going to need that when all hell break lose.
You are so full of shit. I've lived in Toronto for over 50 years, and we rarely have snow in October, and if it does come, it's gone (melted) in a few hours. October has, on average, 1 day a year less than zero Celsius, and that's a 100+ years worth of weather data. Yes, it gets colder in October (average 19 C at the beginning, average 11 C at the end), but it very rarely snows, and didn't even in my youth, where I used to rush around on my paper route in the 60's and 70's to get ready for trick-or-treating. It rained sometimes, but it never snowed on Hallowe'en.
And, of course, the temp is supposed to plunge tonight, and we'll have cold, wet weather for the rest of the week - typical October - but that doesn't fit with your bullshit AGW scam, does it?
You are full of shit.
I live here too & many a year I shoveled snow at this time. Not much but it happens. This is unseasonably warm for October.
Canada is primarily commodity based. Oil diving, gold well down from 1920 all time.
CCI (the new CRB), is at five years lows.
Australia is probably taking a hit too.
Very true. Canada's main economy is oil and gas, as well as heavy industrial which is mainly automotive. Sales of auto has slumped quite a bit, and with gas,oil being low, Alberta especially will get hit hard. Ontario has always faced certain slumps so they are more resilliant I would imagine.
Oil and gas account for quite a bit of our economy, but most of it is service based that is main drive.
Who knows what will happen but I imagine I may end up losing my $400,000 home because of oil and gas going tits up and people losing jobs.
Gave you a +1 because you mostly hit it on the nail, except for the 7-yr housing bubble that's also about to burst. If you have any equity in your home, sell it NOW before you lose it, or the price plummets.
The situation also reminds me of the '80s when the National Energy Program was passed, forcing Alberta producers to sell oil to Ontario at below-market rates, resulting in the oil companies laying off 50% of their staff in a month. In our cul-de-sac of 8 houses, four of them had FOR SALE signs up within a week.
The Canadian market is down because of our ongoing winter....(and the Leafs have yet to start their hockey season).
http://olduvai.ca
Friggin 90 degrees outside today.
Gracias Amigos!
Works for me. Edge down a fair bit more and something like RY or CM might be appealing. Dividends for RY look good too given they didn't drop when price dropped in 2008 but they did go up as price rose plus in a TFSA those dividends will be tax-free. I'm not interested until price is under 45/share on TSX.