Canada's housing market needs deep rate correction, a more powerful indicator. In 2009, the proportion of GDP, residential investment accounted for 6.48%, slightly lower than 6.76% in 2008 and 2007 peak of 7.13%. The previous peak in 1976 and 1989, respectively, 7.26% and 7.18% of what we all know that the last century, the early 80s and early 90s how the Canadian housing market, the tragedy occurred. Percentage of GDP, residential investment peaked, the housing market collapse in a few years will be declared.How do you say Danger! Danger! Will Robinson! in Simplified Chinese?
Note: there are some issues with numbers/currency getting translated later in the article. (Per Jesse in the comments: 1 million = 10,000.)
More information about CanadaMeet and Canadian Home Network: "Home network is the most popular Canadian immigration and Chinese Web sites, in Canada and China has millions of users.
Monthly unique users in Canada and China: 200 million (November 2010 Statistical Report)
For Canada and China: 55% traffic (110 million) from Canada, 45% (90 million) from China"
Hat Tip: Van MD at VCI