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I'm kinda amazed at what's happened in Canada. They largely missed the 2008 meltdown because their banking industry was still well-regulated and didn't particip
by jordanb 10y ago
I'm kinda amazed at what's happened in Canada. They largely missed the 2008 meltdown because their banking industry was still well-regulated and didn't participate in shenanigans. So apparently they decided to deregulate their banking sector and engage in shenanigans? Because now they look pretty much exactly like the USA in 2007.
Case in point:
http://www.theglobeandmail.com/real-estate/the-market/mortgage-fraud-on-the-rise-among-brokers-trying-to-help-clients-qualify/article27051297/ http://www.theglobeandmail.com/real-estate/the-market/mortga...