Our economy is based on oil which the liberals hate and real estate which liberals want millions of immigrants to steal...

Our economy is based on oil which the liberals hate and real estate which liberals want millions of immigrants to steal and hoard. When recession?

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Canadian consumer debt is currently at higher level than Americans had in 2007. This is going to be epic.

We have 40% of the world's rare earth metals by weight but only produce 10% of consumed supply.

Meanwhile chine produce's 90% of consumed supply and holds 30% of REE reserves.

When they're done burning through their reserves (which is happening fast) we get to take the whole industry over.

Also you're forgetting lumber and freshwater.

We gucci.

canada and australia are pretty similar in that regard right? australia just enetered a recession apparently, you might be next

>When they're done burning through their reserves (which is happening fast) we get to take the whole industry over.

that's if you're still allowed to dig them up in a few years time

>digits
uh oh
Alberta independence when

if it can be taxed, it will be allowed to proceed, outside of Le Green Party meme country

We borrowed our way out of the first recession and have doubled down on borrowing through the upswing. The recession will come when our pride gets ahead of us and we prove unwilling to continue selling and borrowing at the rate we have humiliated ourselves into deserving.

Canada will not climb out of the next recession. It's going to end up like those workers who sell their tools, burn their credit rating, and become homeless. It'll be a cart before the horse situation that buries the country until other countries come knocking for our fresh water and the like.

Work in real estate. you'd be surprised how thin people are spread. I've had repeat clients refinancing their properties every year expecting for higher highs, the market has become stagnated and now are they starting to feel the pressure of having 3-4k monthly mortgage payments and earning fuck all. Been waiting patiently as well for the recession to hit and pick up 1-2 properties cheaper. It will occur, it's just a waiting game now.

Canada is mass importing low iq niggers. Not sure what the long term goal is. >t. Canadian

>rbc is crooks sign posted on house located along main artery in town
It's beginning kek