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Book and Weblog – Authored by Garth Turner — Greater Fool – Aut…
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Work
. By Guest Blogger Doug Rowat . Many of us love our jobs, myself included. Working can provide the satisfaction of helping others, intellectual stimulation, sociability and an overall sense of purpose. However, the academic research suggests that most of us have a desire to work less and, ultimately of course, to not work […]
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December 21, 2025 at 9:04 AM
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Not so fast…
As hard as it may be to fathom, there are people who know stuff, and still read this pathetic blog. Let’s hear from a couple of them. Days ago Dr. Garth responded to a real doctor wondering if he should dump his medical professional corp and join the defined-pension pension plan run by HOOPP (Ontario’s […]
www.greaterfool.ca
December 20, 2025 at 9:04 AM
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The Numbskulls
Buried in the rubble of his speech last night, President Trump gave this guarantee to a restive nation: mortgages will be cheaper next year. Hours later (like he didn’t know…) the latest inflation stats came out, showing a sharp drop in the CPI – from 3% in September to 2.7% last month. Mr. Market jumped […]
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December 19, 2025 at 9:04 AM
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The wealth snatch
Hey, recall when the CRA started asking you about your house deal? That was nine years ago. Prior to that, selling your family’s home was nobody’s damn business but yours. However, in 2016 it became Justin Trudeau’s concern. In fact, that tax break on money made selling a principal residence now depends on reporting it […]
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December 18, 2025 at 9:09 AM
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The shrink
Freedom 51. “It’s a pretty cool feeling I’m trying to absorb,” says Jay, a Blog Dog and federal government worker. Buried in the recent Mark Carney budget was the Early Retirement Incentive Program, a bald attempt to get people like Jay to quit in order to slice Ottawa’s payroll. Folks who started with the government […]
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December 17, 2025 at 9:17 AM
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The Krash?
Holy Okanagan! Wassup with Kelowna? Regular addicts will recall the ‘One Day Only!’ sale of waterfront condos in that bucolic BC town last month. A fifth off the regular price. As this blog reported: “Yesterday the Mission Group chopped its inflated price list because, “We’re listening to what the market needs today,” says owner Luke […]
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December 16, 2025 at 9:18 AM
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Dr. Garth
Nurse Jiggles in her elf suit is something to behold. No wonder the waiting room is jolly. Even a tad steamy. The pink latex really makes a statement. Well, this is appropriate. Our first patient is a doc. “I’m a longtime reader of your blog (I’ve written in before) and I owe much of my […]
www.greaterfool.ca
December 15, 2025 at 9:18 AM
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Pipe dreams
By Guest Blogger Ryan Lewenza . Canada is fortunate to possess an abundance of natural resources that the world needs. Unfortunately, previous federal leadership failed to recognize this advantage and implemented policies that hindered resource development. Growth has slowed, productivity has stagnated, and critical investments in oil and gas (O&G) infrastructure, such as pipelines, […]
www.greaterfool.ca
December 14, 2025 at 9:47 AM
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Kid cash
Yesterday, cars. Today, kids. Every day, dogs. What a blog. Oh yeah, and the MSUs that bind it all together. “I’m a long time daily reader of your Greater Fool site,” writes Mike. “I’ve always appreciated the candid advice, humour, and, most of all, the dog photos. Thanks very much for sharing your insights for […]
www.greaterfool.ca
December 13, 2025 at 9:54 AM
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Wheels up
War on Venezuela? Epic floods in the Fraser Valley? Russia vs Europe? Nah. Instead, let’s talk about Graham’s new-used SUV. “I know you’ve spoken on car loans in the past (they’re bad / I should lease), but I’d like your advice on what you believe is the smartest financial route for my (growing) family who […]
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December 12, 2025 at 11:21 AM
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The right moves
Pas de surprise. The bank rate stays put. Tiff is turtling. Realtors moaning. Despite the Yanks going in the opposite direction, our guys have decided the economy is not weak enough to make your mortgage any easier to pay. Said the central bank: “We will be assessing incoming data relative to our outlook. If a […]
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December 11, 2025 at 9:53 AM
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Goldilocks
It’s CB week, kids. What fun. Both the Fed and the Bank of Canada review their interest rates tomorrow. A big deal in both countries, since public debts are erupting, real estate is a mess and Trump’s antique economic policies have set the world alight. Will calming hands and level heads at the central banks […]
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December 10, 2025 at 10:04 AM
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How bad can it get?
. By Guest Blogger Sinan Terzioglu . The 2020s have tested investors in ways few other decades have. We experienced the first global pandemic in a century, two bear markets, inflation reaching forty-year highs, the fastest interest rate hiking cycle in history, one of the worst years for bonds, and the seventh-worst year for […]
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December 9, 2025 at 10:13 AM
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Only the brave
In a solid middle-class Toronto hood, a house sold last month for just over a million. Three bedrooms, four baths. Totally reno’d. Parking spot. About 1,200 square feet. Semi-detached. “In 2024, my client rebuilt it, keeping only the foundation,” the listing agent told Toronto Life mag. “It’s special because there aren’t many new-builds in the […]
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December 8, 2025 at 10:04 AM
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Got junk
. By Guest Blogger Doug Rowat . A few years ago, a Government of Canada 5-year bond was providing a yield above 4.1%. Now it’s below 2.75% and appears set to fall even further as the Bank of Canada wrestles with our weakening economy. US Treasury yields have also sharply declined as the Fed […]
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December 7, 2025 at 10:53 AM
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Shocking
If you harboured any faint hope of cheaper home loans in the spring, give it up. The latest job numbers were all Mr. Market needed this morning to realize the Bank of Canada won’t drop the cost of money next Wednesday. Or for many months after that. The current odds for the CB staying on […]
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December 6, 2025 at 11:12 AM
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Tough guys
How can a cuddly, cute, dog-loving man get into trouble just walking down the street in his own hood? Easily, as it turns out. Maybe it’s me. More likely it’s the times. There’s so much stress in the air lately you can slice it with a snow shovel. Below is my local newspaper column, published […]
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December 5, 2025 at 1:08 PM
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Red arrows
The slide continues. On the heels of the sad stats we brought you in recent days about new home sales and construction, job loss and harakari, comes the latest slop from MLS. November sales in the two key anglo markets of the GTA and LM both plopped by more than 15%. And that was from […]
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December 4, 2025 at 1:06 PM
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Fixed, floating or sunk?
As you’ve likely noticed, a common question from the unvarnished rabble who migrate to this site is, “should I go floating rate or lock in?” The answer varies. Every household is different. Bu we now know this… The Bank of Canada (say economists, with one voice) is done. No more cuts. Not this month. Not […]
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December 3, 2025 at 1:09 PM
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Millennial eulogy
“I’m an elder millennial with my 40th approaching in less than two months,” he says. And this has Trevor worried. Contemplating his life’s decisions. After all, tempus fugit. Death must be at hand. There’s more to worry about. He’s a lawyer. He lives in Vancouver. And he’s trapped in a condo. In his words, here […]
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December 2, 2025 at 1:12 PM
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Talking it down
We’ll know in a few days how much November sucked for people trying to flog a house. For realtors now living in bushes and working for Uber Eats. For builders sitting on costly inventory with no buyers. For the houseless, yearning kiddos. The monthly stats will likely be brutal. “CREA was ahead of itself in […]
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December 1, 2025 at 1:08 PM
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Plan, or else
. By Guest Blogger Ryan Lewenza . Retirement is one of life’s most significant milestones and achieving it successfully requires careful planning and preparation. A cornerstone of a successful retirement is completing a comprehensive financial plan, which is a long-term roadmap for managing your money and ensuring you meet your short and long-term goals. […]
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November 30, 2025 at 1:53 PM
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The PC
If there was any lingering doubt the rate slashing party is over, here she be. The GDP. Turns out the economy is not dead, after all. Growth in Q3 blew all the economists away. Now, 2.6% might not sound like a lot, but it’s a long way from recession (which is below zero). That’s where […]
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November 29, 2025 at 1:54 PM
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Oh, no.
Remember that cheery news a few weeks ago saying mortgages would soon be 3%. Maybe even sneaking into the high-2s? Well, forget that. If you’ve been trying to sell your house for the past three months, or happen to run a billion-dollar home construction conglomerate, sit down. We have painful news. It’s over. In fact, […]
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November 28, 2025 at 2:03 PM
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The plunge
One thing the nihilists in the steerage section don’t get it that we’re dealing here with humans. People want stuff. Regardless of the economy, interest rates, reciprocal tariffs, the Epstein files or corruption in Ukraine. They want sex, kids and real estate – usually in that order. So the housing market woes that this pathetic […]
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November 27, 2025 at 2:16 PM