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1. CAD to USD devaluation is largely a function of the price of Oil & Gas. The lower the price of oil & gas the lower the CAD to USD ratio, it is not attribut

1. CAD to USD devaluation is largely a function of the price of Oil & Gas. The lower the price of oil & gas the lower the CAD to USD ratio, it is not attributed to the BOC monetary operations. 2. If Canada was serious about taking on Huawei it would have done so when Huawei allegedly stole IP from Nortel back in 2008-2009. However the Harper conservative government at the time did nothing in fact only bailed out auto companies during the financial crises instead of helping out tech. 3. And yes, of course Canada is standing up to China because one of the benefit of Canada is that the US us their closest ally. 4. Can't speak to your first statement but it seems hyperbolic ("Caribbean Banker blush") - and like I said earlier not going to do the research given the other statements. 5. Yes MVT is an added cost of doing business that can tilt the scale to the point at which it isn't worth doing the business anymore for foreign buyers. I did read that the Vancouver and Toronto market cooled significantly after that was implemented. It is can also be construed as a signal that the behavior is now being watched and monitored. edit: for formatting

fakedang 6y ago
1.) I forgot for a moment there that the BOC uses fuel prices as a gauge to regulate currency values. But that wasn't my core point, nor was I attributing it to Liberal policy (kinda stated I don't think it has anything to do with that). 2.) I don't mind criticizing the Harper government. In fact, I'd readily place them below Trudeau's. But I don't think Trudeau's would have aggressively pursued Chinese IP theft. In fact, no Western government would have. What did Obama do when the Chinese were stealing IP from Western universities? 3.) Again, as I said, I don't really know about Canadian KYC and AML laws and the "Caribbean banker blush" thing. But one cursory glance, and it's easy to find so many loopholes in the current policy which was created to dissuade investor citizenship. 4.) Canada is only positioning itself for its strongest ally, just as Australia. Till the trade war began, I dearly remember how Canada and Australia had these nice treats and fancy dinners for Chinese investors that weren't available to investors from other places. Not that I'm complaining, but some special treatment was certainly meted out to the Chinese, via regulations and otherwise. Which led to the current shit show. 5.) Vancouver and Toronto are still on the high side. Let's talk when those places become affordable to buy into for native city folks. But as always, for most big issues, we'll continue putting a Band-Aid solution over it.

fakedang 6y ago

1.) I forgot for a moment there that the BOC uses fuel prices as a gauge to regulate currency values. But that wasn't my core point, nor was I attributing it to Liberal policy (kinda stated I don't think it has anything to do with that). 2.) I don't mind criticizing the Harper government. In fact, I'd readily place them below Trudeau's. But I don't think Trudeau's would have aggressively pursued Chinese IP theft. In fact, no Western government would have. What did Obama do when the Chinese were stealing IP from Western universities? 3.) Again, as I said, I don't really know about Canadian KYC and AML laws and the "Caribbean banker blush" thing. But one cursory glance, and it's easy to find so many loopholes in the current policy which was created to dissuade investor citizenship. 4.) Canada is only positioning itself for its strongest ally, just as Australia. Till the trade war began, I dearly remember how Canada and Australia had these nice treats and fancy dinners for Chinese investors that weren't available to investors from other places. Not that I'm complaining, but some special treatment was certainly meted out to the Chinese, via regulations and otherwise. Which led to the current shit show. 5.) Vancouver and Toronto are still on the high side. Let's talk when those places become affordable to buy into for native city folks. But as always, for most big issues, we'll continue putting a Band-Aid solution over it.