User: Brian Ripley: CAD Real Estate: Canadian Home Ownership & Balance of Trade

Still Running on Fumes 
We are leveraging the lowest priced credit for the most expensive non-productive real estate at the worst possible time in history. 
On the 20 plus year commodity boom, we produced a huge positive balance of trade. But now after the crash into the March 2009 pit of gloom and for the last 7+ years, the Canadian export economy is hung at record negative net lows. Monetary policy is busted. 

What is working is exporting our cheap capital into offshore markets as evidenced by my new chart of Canadian Household Debt plotted over Foreign Direct Investment, GDP and Canada's Balance of Trade data.  
More charts at www.chpc.biz