Dominic Darmanin

Cell: 604-788-1476 |

Shadow Banking Implies Ominous Final Outcome

 

Last we I talked about Liar Loans this week it's Shadow Banking. Both phrases imply seedy and  dubious activities in the financial markets but shadow banking potentially foreshadows financial upheaval on a massive scale. What is “Shadow Banking”?

            “According to the Bank of Canada, Canadian shadow bankers primarily engage in certain types of    ...

Read full post

What are liar loans? Basically these are loans given to home buyers, car buyers etc who, in order to qualify for a loan, it's necessary that someone deliberately lie about their income, assets, other outstanding loans, or other qualifying questions on the loan application. So either the lender or the borrow are lying or both.

Here in Canada, we've always thought that this was something that those unscrupulous Americans would do which lead to the the World Financial Crisis in 2008. However, the fact...

Read full post

Apparently both the Liberal and NDP parties agree on something; taxes are good! 
Neither party could run a government without the substantial inflow of this 
insidious property transfer tax (PTT) that in Canada only British Columbians pay.

This tax was instigated by Bill Vander Zalm and his Social Credit 
party back in 1987 - thanks a lot Bill. At the time the average Vancouver home cost 
just $150,000. The PTT was changed recently to bring in even more 
revenue to the provincial...

Read full post

Duplicity of the B.C. Provincial Government ~ Anyone Surprised!

 

Quick, fake a gasp.

Why does it seem like the average middle class tax paying citizen always gets shafted by the very governments that promise to offer tax relief to make our lives less burdensome? Articles in the Vancouver Sun highlight the duplicity of government and how they just can't be trusted.

 

According to the Vancouver Sun:

             “B.C. Liberal...

Read full post
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.