Is it time to invest in property?
Not a chance, the Canadian Mortgage and Housing Corporation is creating a Fannie Mae, Fannie Mac house disaster. This impending crisis should be front-page news. Low interest rates and the government Canada Mortgage and Housing Corporation’s (CMHC) dramatic increase in mortgage backstopping for people who put only 5% down is creating a Canadian housing bubble that will echo that horrible popping sound of the USA housing market. In January, CMHC was allowed to insure up to C$600-billion in mortgages, up from C$450 billion the year before. This was done in the dark days

The Billionaire List is out again - any surprises?
The billionaires list is out again and any surprises? When I looked at the Canadians who made the Billionaires list, I was blown away by how many self-made entrepreneurs made the list. You know they had start-up ventures, went out begging for money, took big risks and had sleepless nights. Many people think billionaires are tainted and got their money through corrupt means but in Canada you can see that is just not true. The billionaires are Canadian entrepreneurs who fig

Horror movie
This little video is actually fightening to watch. It is the unemployment trends of America as the recession takes hold. Interesting how the center of the country is impacted less - is that because of population or types of jobs?link to video: http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.htmlhttp://www.moneymagnetbook.ca

Take a leaf out of Wal-Mart's play book
Wal-Mart’s growth got everyone excited until you see that the increase in revenues is from their growth in Asia. Before you get all depressed, learn from the winners in business. That translates to - Take a leaf out of Wal-Mart’s book. Your strategy needs to include Asia. Now again, do not get in a panic because this seems so enormous. Start by planning to take a Chinese or Indian business connection to dinner. Talk about your business. Could this person tell you about a similar business in China? Could they introduce you to someone there? You do not have to fly over there either;

Does OPEC mean Canadian busineses should shift away from the USA?
OPEC is holding a big summit this weekend. Does this mean Canadian companies should swing away from America and look to Asia as their main trading partner? America is still the largest economy in the world and will continue to be a great marketplace. No question, American entrepreneurs are beaten down psychologically right now. I am working with clients to do acquisitions there and they are keen to do business. it is worth taking a re-look. But also, no doubt that Asia must be in every business owners’ strategy. That can mean the business owner plans to have on their "To Do" list to make one Asian connection. This could be by