Warnings on debt keep ringing in like crazy and Canadians are happily ignoring it.
Sounds like most markets in Canada are starting to see the start of a slump. Certainly Toronto/Vancouver sales numbers and price are big in the news. People in Calgary still spending more in contrast to most other markets.
I think they held this same panel a few months ago, interesting how the tone has changed:
http://www.cbc.ca/player/News/ID/2281458681/?page=2