RE:RE:Teal LindeAn "inevitable decline in Canadian interest rates"? I was paying attention in the early 1980's when the mainstream media was, as it has been doing today, speaking of declining rates coming "oh-so-soon". And they didn't. For years. Not until the backbone of the economy was truly broken. How broken? Enough so that you'd borrow your neighbour's drill before going to Canadian Tire and spending the $29 for a new one. If, as a vendor, you wanted to sell a house you couldn't unless you gave it away while, in addition, taking back a mortgage at greatly reduced rates. Enough so that the average car on the road was a rust bucket that you just kept fixing. Does any of that sound like what you see today? Personally, I think the smart money are made up of those with experience and a long memory . . .