We keep hearing about our Canadian Banking System's excellence, prudential and secure and how our Government has kept Canada's financial structure at the forefront of the developed Nations.

Yet, was do the currency markets say? The Looney is only one small jump ahead of the sinking, shrinking and doomed US Dollar. Even Australia has much more to brag about.

Let's face it -- the fate of the Looney is tied to that of the Greenback and that is the way the Powers that Be want it. Huge expenditures on stimulus schemes? This will never be paid value for value but will be inflated away.

The magic shrinking debt load! Don't get caught with a boatload of Looneys!

Why do you suppose that Smart Money is willing to pour such exhorbitant sums into Toronto and Vancouver Real Estate?

O.F.