Wendover Productions has a video on how airlines are banks now. Their Loyalty Programs are worth several times more than the Airlines and flying is basically a secondary business for them.
It was the 2007/2008 Financial meltdown where US Real Estate and Leman brothers collapse. Oil went crazy (Tar Sands) and Canada was able to weather virtually unscathed (due to strict mortgage and banking rules. The CAD went from trading at like .81 USD to 1.18 USD withing a year (if memory serves me correctly).
Montreal is a little late to the party. I think the fact that the weather and English speakers aren't competing for Real Estate there has slowed the rise in price. It's only a matter of time. But really, 730k for a 3 bedroom/1 bathroom/ 1954 starter home? They didn't even list the sq/ft of the house (the entire lot is 5k sq/ft) it's so small, my guess is it's no more than 1500 sq/ft.
Anyway, give it another year or two, it will get there.
Imagine not living long enough to ever afford a house.
You can't by a tear down in Toronto, Vancouver, Montreal, etc for under a million. Houses rise in value at a rate of about $$1500-2000 a week (for years) while wages have been stagnant for decades. You could have bought a house for 450k-500k in 2005 and sold today for 2 million. I've seen condos that were 175k in 2006 sell for 850k today. You can't even buy a shack out side the city for less than 500k and most are going for over a million or two.
Average price of a house in Toronto will be over 4-5 million in the next decade while the average wage will still be 45-65k.
>How can one participate in making profits during a "dollar short squeeze"?
If you believe OP, borrow as much foreign currency as you can and exchange it for USD. Back in 2007-2008, many Canadians emptied out their savings to buy USD at incredibly favorable exchange rates. Within a year or two they made over 30% as the CAD fell and the USD recovered.
Hyper inflation drives people to buy goods that can be resold later for more. This happened in CCCP while it was falling apart. People would show up with all their money every morning at their local stores, buying whatever was available no matter what it was. They could resell it later for more money (effort to preserve the value of the currency they held). Apple products are a safe bet as they typically hold on to their value well, are small and convenient to hang onto (refrigerators are more difficult), and can be sold abroad, etc.
Just saying.....