Friday Free-for-all!
Thanks to everyone who’s using the new VCI story submit feature! We’ve got a few stories lined up for the beginning of next week, but first.. It’s the end of the week and that means it’s time for our regular economic round-up and open topic news thread! Here are a few stories to kick off the discussion:
-City attacks Olympic Village developer
-New record low for new unit sales in Vancouver
-Realtors and Competition Bureau reach a deal
-CIBC: House prices most inflated in BC, Alberta and Ontario
-Central 1: Vancouver prices to drop 5% in 2011
-Canadian Economy goes into reverse
-BOC warns on household debt
-USA 30 year fixed mortgage rate falls to record low
-Irish housing bubble fall out gets worse
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So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!
October 4th, 2010 at 1:27 am
@patriotz:
"The “so what” is that Malaysia, Western Indonesia, and Singapore are effectively one economic unit"
Sorry, but your made-up "one economic unit" doesn't make any sense at all.
"Singapore is a sovereign state but it’s not economically a country in the sense Canada is. The mini-states in Europe like Luxembourg have a high GDP per capita compared to their neighbours too."
Luxembourg, like Singapore, generate most of its GDP from the financial sector. Luxembourg is not "one economic unit" with France and/or Germany as far as I know…
80% of Canada's export trade is generated with the US. Does it make Canada and the US "one economic unit" as well?
I'm done arguing. As we say in my country of origin, "you can't force a donkey that is not thirsty to drink"
October 3rd, 2010 at 5:07 pm
@Anonymous:
Yes, it's near Creston and your tax dollars are paying to "educate" their children to obey their infallible philanderer, er, "leader".