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Banks face a 152 Billion dollar bill for the Crises they avoided in 2008. 

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Banks face a 152 Billion dollar bill for the Crises they avoided in 2008. 

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The six big canadian banks pay to avoid the taxpayer funded bailout that needed to be made back in 2008 druing the financial crises.

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This is an image taken from when Fort Mcmurray had its massive wild fire, and how the economy dropped by 1.6% because of it.

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Per Cent Period to Period at Annual Rates Graph 

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Per Cent Period to Period at Annual Rates Graph 

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The blue is Canada, The red is the U.S. Our per cent is better through out the quarters than the U.S, especially at the 2010 quarter where the U.S dipped below -3 percent.

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Trade Gap Financial Contraction. Article 3 

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Trade Gap Financial Contraction. Article 3 

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http://business.financialpost.com/news/economy/canada-faces-biggest-quarterly-economic-contraction-since-financial-crisis-scotiabank
Back in april, the country had a trade deficit of 2.94 billion. That was the largest since the record 3.18 billion gap the month before. this would mean the trade gap economy would go down by one percent for the second quarter.

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Housing Crash in Canada Becomes Costly to Mortgage Lenders. Article 2 

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Housing Crash in Canada Becomes Costly to Mortgage Lenders. Article 2 

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http://business.financialpost.com/news/economy/housing-crash-in-canada-could-cost-mortgage-lenders-almost-12-billion-moodys-warns
In this article, Barbara Shecter writes about how the Canadian housing market is crashing. She writes that if it becomes as bad as it was in the states, it could cost Mortgage lenders up to 13 million dollars.

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In this Padlet Wall presentation, I hope to explain and show the readers about how financial crisis's in Canada are not only bad, but how they will affect the country long term.

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Inevitable Debt Crises Canada's Not Talking About. Article 1

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Inevitable Debt Crises Canada's Not Talking About. Article 1

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http://www.theglobeandmail.com/report-on-business/rob-commentary/the-inevitable-debt-crisis-canadas-not-talking-about/article29445969/
In this article, Hilliard Macbeth writes about how Canada and along with six other countries have massive debt with the public, or government. He also gives his opinion on which countries will suffer an economic crisis in the next three years. China, Australia, Sweden, Hong Kong, South Korea, Canada and Norway.

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Canada's Stability in the 2008 financial Crises Video 3

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Canada's Stability in the 2008 financial Crises Video 3

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https://www.youtube.com/watch?v=-JMJT7X_9VE
In this clip, Jeffery Orr speaks about how the canadan economy was financially stable in the 2008 financial crisis to help its self survive it, and how the same process can apply to individuals.

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http://www.theglobeandmail.com/report-on-business/economy/canadian-economy-contracts-in-the-second-quarter/article31633521/
In this clip, the news anchor speaks about how the domestic product gross shrinks to 1.6% in the second quarter following the alberta wild fire.

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http://www.bloomberg.com/news/videos/2016-10-03/is-canada-s-economy-on-the-verge-of-a-financial-cris
In this clip, Hilliard Macbeth talks about the Canadian housing market and how its becoming an issue. he states personal household debt level is upon 200% GDP. 5% of other places in the world have that.

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By: Shawn Bazak