canadá y noruega son los sitios virgenes ante la crisis, sus monedas se mantienen fuertes, los fondos de renta fija en ambas monedas están a la cabeza de rentabilidad por detrás de los de oro y algún high yield.

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y con la tia de la opera, que???
foto de las tetas o reporte,ya!!

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¿Y que se regalen entradas de la ópera lo pasais por alto?

A finales del año pasado se habló sobre un hipotético acuerdo de libre comercio entre la UE y Canadá, que llegaría a superar el TLCAN.

http://www.nytimes.com/2008/10/17/bu...s/17trade.html

Recuerdo que se comentó en el foro, a ver si encuentro el hilo. Supongo que ahora los canadienses tendrán más ganas de hacerlo realidad, viendo el estado de sus vecinos.

Canadá era un país precioso, con una naturaleza maravillosa y un aire limpio, hasta que encontraron petróleo. La extracción de petróleo y gas va a convertir a Canadá en uno de los países más contaminados del mundo.
En regiones como Alberta las fugas de gas han producido intoxicaciones con efectos secundarios irreversibles a algunos de sus habitantes.

Toxic alberta, the oil sands:
YouTube - VBS News- Toxic Alberta Part 1

Atentos a los que penséis en emigrar a Canadá porque os podéis llevar una decepción. Aquí dejo un testimonio:

Diario de un argentino en Toronto.



Arenas bituminosas que producen petróleo en Canadá:
Eco Sitio - Petróleo: El auge de las arenas del petróleo

Autoriza Canadá explotación petrolera pese a impacto ambiental | Milenio.com

Revelan los peligros de sustancias contaminantes para los peces y para el hombre
Revelan los peligros de sustancias contaminantes para los peces y para el hombre | soitu.es

Alaska en peligro:
Alaska, en peligro · ELPAÍS.com

Osos polares en peligro. El deshielo del Ártico, la contaminación o el impacto de las extracciones petroleras podrían dejar la especie al borde de la extinción en las próximas décadas.
Osos polares en peligro | CONSUMER EROSKI

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Volví hace menos de 5 meses de Canadá (1 año de estancia en Toronto), ya era asiduo de este foro. El comercio exterior de canadá gira entorno a un 80% de importaciones y exportaciones a USA. Si USA tiene recesión, Canadá que va a rebufo más.

A Canadá no emigran estadounidenses, el cachondo del artículo omite decir que una de las primeras cosas que te chocan cuando andas por Yonge St (la calle principal de Toronto y la más larga del mundo) es que la gente con la que te cruzas son chinos, indios, pakistaníes ... allí tener aspecto occidental es casi exótico.

Había por ahí una estadística que decía que el 60% de la población de Toronto es nacida fuera de Canadá.

Los alquileres son carísimos por unos zulos de mierda (cocina + salón + dormitorio, sólo el baño aparte) que ellos llaman bachelor (la misma palabra que soltero).

Para quien le interese aquí van unos informes Real State de la situación en Toronto:
Real Estate Report | Condo Market Reports - Remax Condos Plus Corp. Brokerage

Casi todas las empresas funcionan mediante monopolio encubierto, funcionando varias compañías que pertenecen al mismo holding con acuerdo de precios por supuesto.

Esto da lugar a una economía sumergida gestionada por los inmigrantes que acoge el país, de tal forma que la única empresa que pone la tele por cable (Rogers) tiene unos instaladores que funcionan como autónomos (independent worker creo que les llaman los cachondos), se van pasando puerta por puerta, contratas el paquete básico con Rogers les das 80 dólares (para el bolsillo del instalador) y ya ves todos los paquetes de canales by the face.

Te puede pasar que el que viviera en el apartamento antes que tú tuviese un amigo trabajando en Rogers y que directamente la tv se vea gratis. Porque si no lo había dicho, allí se paga por ver la tele, el paquete básico es una mierda, con decir que durante mi año había 3 canales echando la serie Friends casi 24 horas, lo digo todo. Además que te repiten los programas hasta que se aseguran de que toda la población del país lo ha visto.

Ahorrar ahorras porque con los 8 meses de invierno intenso que se disfrutan no apetece mucho salir de casa.

Es bueno para aprender el idioma, al final el nivel de inglés a base de ver la tele y relacionarte con tus vecinos indios y paquistaníes del Condominium (Edificio grande y feo lleno de "Bachelors") el inglés te lo dejan muy fluido y aprendes un montón de política internacional sobre todo relacionado con el conflicto en Cachemira.

Salir de fiesta por allí es muy caro y se paga hasta por ir a mear (verídico te ponen un tío en la puerta del baño para que le des propina después de lavarte las manos). El alcohol es un monopolio gestionado por los gobiernos de las diferentes provincias del reino, porque allí son pocos pero mal avenidos.

Como país para emigrar no lo recomiendo, allí ya tienen mucha cultura de recibir inmigrantes y si se googlea un poco os haréis a la idea de que se abusa bastante.

Por mis conocidos allí (la mayoría inmigrantes), las empresas canadienses dan por hecho de que por darte trabajo siendo inmigrante les debes estar eternamente agradecido aunque te paguen un salario de subsistencia, esperando que hagas más horas que un reloj, estando dispuesto a trabajar sea cual sea la circunstacia, de noche, de día, 57 horas seguidas, viajes tercermundistas... lo que sea.

Esto lo digo por los foreros que piensen que en Canadá les están esperando con un puesto de trabajo de 100.00 euros al año, horario de 9 a 15 y vacaciones pagadas.

Como final diré que el Tag de que "canada es una puta mierda" no lo he puesto yo.

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The doomsday view of the mortgage market

The doomsday view of the mortgage market

The doomsday view of the mortgage market
Andy Holloway, Financial Post
Published: Tuesday, January 12, 2010


New found prudence: Canadian mortgage borrowers not taking 'undue risks'
Housing bubble or just heated

Canwest News Service Former Tory Cabinet Minister Garth Turner has been forecasting for years a crash in Canada’s long-running housing market boom. So far he has been wrong but Turner's day may yet come.
For years Garth Turner has been telling anyone who will listen that Canada's long-running housing market boom is about to crash. The politician-turned-financial commentator has been wrong so far, much to the delight of realtors, bankers and homebuilders. But, like the boy who cried wolf, Turner's day may have come.

How bad could things get?

"If you bought in ‘08 you better be damn sure that your income will be 40% higher in order to qualify for the same mortgage at renewal time," says Turner. "I just can't see economy of Canada percolating enough over the next three years in order for people to reap those huge salary increases."

Even the Bank of Canada seems to agree things are not looking particularly rosy. The central bank's latest Financial System Review indicates that almost 6% of Canadian households are vulnerable to rising interest rates because servicing their debts eats up more than 40% of their gross income. A 300-point rise in interest rates would increase that number to 8.5%. And yet mortgage credit is rising at more than 7% a year and the household debt-to-income ratio is at an all-time high. Something has to give when interest rates undoubtedly start rising this year and it just might be the housing market.

To put it into dollar terms, a $300,000, five-year mortgage amortized over 35 years sets you back about $1,360 a month at today's rock-bottom interest rates of around 4.2%. But if rates rise to, say, a not unreasonable 7% when that mortgage comes up for renewal, your monthly payment will be almost $1,840. If rates jump to 10%, you'll end up paying about $2,400. And if rates return to the bad old 20% days of the early 1980s, your bill will be $4,480 and you'll still pay off less than $1,500 on your next five-year term. Few people could take that kind of hit.

The harsh truth is that while those attractive 5%-down/35-year mortgages-and 0/40 ones before them-allow more people to buy, especially when interest rates are so low, not much is taken off the principal in the first five years.

Worse, real estate prices may decline in your particular neighborhood, meaning you could very easily owe more than your home is actually worth. That's called negative equity and just the prospect of it could send homeowners, especially first-timers, into panic mode, flooding the market with new listings that would further deflate the market.

That chain of events is what keeps Turner up at night. "We're at the highest price point in Canadian history; mortgage indebtedness has never been higher; and household finances have never been worse," says Turner. "And 2010 contains the seeds potentially for the start of a fairly significant market correction."

Those seeds include rising interest rates in July, August and September, the Harmonized Sales Tax in July, which will put a new tax on new homes in Ontario and British Columbia, and maybe even a move by Finance Minister Jim Flaherty to enforce a 10% down payment rule on new mortgages. All of which could flatten the market.

"If we have a real estate correction of even 10%, which is not much given the increases we've seen in Toronto, Vancouver and Calgary, we'll see a lot of buyers from the last three years with negative equity," says Turner. "That helps to accelerate a 10% market decline into a 15% decline, maybe even 20%, and that starts to impact other people who have bought in the past four or five years."

There is likely some sort of correction looming, but it may not be a crash similar to the one that crippled the United States, where so-called NINJA loans were handed out to people with no income, no jobs and no assets. Benjamin Tal, a senior economist at CIBC World Markets, believes only 4% of Canadian households are vulnerable to interest rate increases and that most home owners will be able to absorb modest hikes.

Even though Tal says the $350,000 tab for an average home is about 7% higher than market fundamentals such as rates, income growth and demographics would suggest, there no cause for panic in the short term. Indeed, most economists believe rates won't rise until mid-year-and then only by 100 points when they do. And, says Tal, many Canadians have some built-in defences.

For one thing, only about 350,000 of the five million Canadian households that have a mortgage are in a high-risk position, meaning they have a loan-to-value ratio of more than 80% and a debt-service ratio greater than 40%. That means most people have already built up some equity in their homes, giving them the option of downsizing if mortgage rates skyrocket. For another, 80% of those in the at-risk category who bought a house in 2009 took out five-year, fixed-rate mortgages, providing them protection until 2014.

Tal also points out that four in 10 Canadian households have accelerated mortgage payments (for example, paying bi-weekly instead of semi-monthly), meaning they can effectively absorb the first 75 points of any increase by simply decelerating. It's also worth pointing out that a higher unemployment rate has had historically more effect on mortgage defaults than higher interest rates.

"If we're talking about a 200-300-point increase, clearly there will be some impact. It will lead to stagnation in the housing market and when I say stagnation, I mean a leveling off, not a crash," says Tal. "If interest rates go to 10, 12, 13%, it won't be pretty. Then housing prices will fall."

If that happens, nobody should expect relief from the Bank of Canada. "The Bank of Canada will raise interest rates if there's a need, regardless of the housing market," says Tal. "The housing market is not the chief factor." In other words, you're on your own.



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