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• Ira Smith 2018-11-17 3:16:11 PM Ron Butler, I agree 100% with your analysis. As a licensed insolvency trustee firm, we analyzed our national association's press release when it came out. We wrote our blog on it which will be published for Tuesday, November 20, titled, DEBT CONSOLIDATION: DEBT CONSOLIDATION LOAN MAY START PLAYING HARD TO GET - http://www.irasmithinc.com/blog/debt-consolidation-debt-consolidation-loan/ As part of our analysis, we wrote: "With higher interest rates, corporations are paying more on their debt.  Corporations want to show a steady increase in their profits year over year.  If debt costs rise, companies have to find other costs to save. One cost that can be reduced in the short-term is labour costs.  The forecast shows that as employees are terminated, the unemployment rate rises. Not everyone can find new work in the same time frame.  This leads to increased consumer insolvency filings. In my view, the unemployment rate is the more important relationship to consumer insolvency filings." Continued success Mr. Butler.

• Margaret M. Bruce 2018-11-15 11:51:50 PM I'm newbie to this forum.I'm from Toronto.

• Lesley Tenaglia 2018-11-15 5:42:53 PM I feel that cobuying should be a consideration. This wi help the younger generation enter the market and move on from there. It will help the GTA keep young talent from moving away and help maintain diversity culture and community

• Feel so violated 2018-11-14 8:28:02 PM If you have lost money please join Facebook group "Investors" of Fortress development

• El Bastardo 2018-11-13 9:21:04 AM Part of the tactic was to convey to you that there was independent legal advice. Why would retail investors assume they are required to seek out their own legal counsel on investment products? You don't do this with conventional products (mutual funds, equities, etc). The way it was marketed to retail investors primarily was to show you that there was a pseudo due diligence and that they 'looked out for your best interests'. I know because I interviewed several brokers that marketed this stuff. It was all smoke and mirrors with meaningless and distorted comparisons to other investment products. The brokers were trained to provide comparisons to equity markets (e.g, TSX primarily...that is a few key sectors with more volatility than the S&P for example), to these 'fixed rate safe returns of 8% with security'...and none understood that there was no volatility with these products because guess what? There was no secondary market. No pricing = no volatility. The argument made by these brokers on several occasions was that: why pay for costly legal expenses when the borrower covers the costs? Of course you will not pay for legal expenses. You don't for others, so why this one? Especially since it was marketed as a conventional retail investment product....through registered accounts on top of it.