Our six day visit with our newborn grandchildren was FANTASTIC!  The time flew by and we will miss them dearly.  Ry & Jenn have adapted unbelievably to their new life and both have proved to be the exceptional parents we always new they would be.  Can't wait to see them and the rest of the grandchildren in May.  

Many people are quite concerned that we are in for a major adjustment in Canadian Real Estate prices.  This is evident by recent declines across the country.  The conventional formula used to calculate mortgage debt to earnings is way out of whack and has been for some time.  I believe the Canadian Resource based economy is the only thing separating us from a similar real estate debacle that the U.S. has experienced.  Although many will argue are banking system is much safer, I would beg to differ when you consider the massive mortgage liabilities held by CMHC or in other words...THE TAXPAYER!!

http://www.theglobeandmail.com/report-on-business/economy/housing/canadian-home-prices-over-inflated-by-20-per-cent-fitch/article9257855/

http://theeconomicanalyst.com/content/cmhc-worse-shape-fannie-mae-was-yielding-floor-insightful-commenter

http://rabble.ca/blogs/bloggers/michael-laxer/nightmare-main-st-cmhc-and-canadian-housing-bubble

http://seekingalpha.com/article/236098-australia-following-canada-into-a-financial-black-hole

This article was featured in a newspaper this morning.  This has got to be pretty humiliating and embarrassing for Kelowna's top cop!  Hopefully Ms. McKinnon can get her act together and straighten out her life.  

http://www.castanet.net/news/Kelowna/88158/Jail-for-McKinnon-after-guilty-plea

http://blogs.vancouversun.com/2012/03/02/daughter-of-kelowna-rcmp-boss-charged-in-dial-a-dope-case/

http://m.theglobeandmail.com/news/british-columbia/daughter-of-two-bc-rcmp-officers-charged-with-drug-offences/article2356930/?service=mobile