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Showing posts from June, 2019

How Much Canada Rely On US For Trade

I was writing a blog about economy and interest rate hikes in 2019 , right at that moment this struck to my mind. We Canada as a Country rely too much on US for everything, which in my opinion is a big liability. From Trade to Banking, we just follow the footsteps of US, as our economy is directly connected to our neighbor. With trade war going on with our neighbor ,both sides are losing which is costing taxpayers millions of dollars. 75 percent of our trade is with US compared to 25 percent to the rest of the world. Industries that are getting hurt are mainly dairy, lumber, steel and aluminum. Here below are some noticeable trade with US compared to rest of the world. Oil worth 69 Billion Dollars to US Compared to 1 Billion to rest of the world. Natural Gas 10 Billion US to $0 (yes zero) rest of the world. Aluminum 7.8 Billion US to 2.6 Billion rest of the world. Lumber 10.4 Billion US to 2.6 Billion rest of the world. Motor Vehicles 56.5 Billion US to 2.55 Billion rest of th

Why No U-Pass Bus Program For High School Students in Metro Vancouver.

In Todays World, Rapid transit is very important for all major cities as a population and immigration is growing at fast pace than before in developed countries. Metro Vancouver and Suburbs are way behind in transit services to connect all communities effectively, especially at night time. With detached house Touching million dollar mark , town houses 600k and two bed low rise condos around 450k in suburbs. Giving reference of Surrey, North Delta and Langley for price as I specialise in Surrey Real Estate . If we want our transit ridership to increase, we need to teach our kids to use transit as a mode of transport at early age which comes at a expensive price tag of regular monthly pass. U-pass program by Translink`s main objective written on there website are as follow :- Provide lower-cost travel for students. Encourage students to make transit part of their lifestyle by including travel with the U-Pass BC Program for entertainment, recreation, and other non-school related tri

Should I Buy My Dream Home in Today's Market ?

Good Morning, its a beautiful sunny day while i am writing this blog in City of Parks Surrey. We all have seen different real estate market trends in Fraser Valley. If we look at historical data of real estate in Surrey, prices have gone up after correction in prices & slow market trends. No one can predict what will happen in the future with real estate prices but evidence show that prices eventually go up. Click Here for the link for Average Median Prices since 2005. Real Estate Market was crazy from Mid 2015 till end of 2017. Prices were going up every single day, inventory was low and demand was high. On average there were 10 buyers for one home out bidding each other for the home they wanted. Market changed after both provincial and federal government brought policies to cool down the hot market and those policies worked. As the real estate prices were going up, average monthly rent was going up at the same time. Average rent right now in basement suites for one bedroom can