今天加国的BNS银行在公布季报时，宣布增加每股季度红利2分，正常节奏，ＢＮＳ是每六个月增加一次红利。在过去二十年，加国的前三大银行ＲＹ，ＴＤ，ＢＮＳ的红利大致都上涨了１０倍左右。
１９９６ ２０１６
ＲＹ ０．０７７５ － ０．８３
ＴＤ ０．０６２５ － ０．５５
ＢＮＳ ０．０７７５ － ０．７４
多轮多房价指数 （１９９８，７）６８．３６， （２０１６，７）１９９．２２
Average and Median Total Family Income by Province, 1996
| Ontario | Average 62,614 | Median 54,958 |
目前加国安省多轮多地区家庭收入中位数是８００００左右。
总的情况是，薪水涨幅赶不上房价涨幅，房价涨幅赶不上资本涨幅。
二十年前的1996年是上一次加国房地产危机的高峰时期，之后用了差不多10年时间恢复。
During the peak of the bubble the borrowing cost started increasing and the 5 year fixed mortgage reached 12.7%. Coupled with the early 90s recession, a spike in unemployment and a drop in the inflow of immigrants to the area, housing prices in the GTA collapsed. Between 1989 and 1996 average price of a house in GTA have declined by 40% adjusted for inflation or $182,625 in today's money. Downtown of Toronto was hit the worst with over 50% decline in value of a home.
今后二十年，资本红利，薪水，房价的变化会不会重复过去二十年的历史呢？这是个值得思考的问题。
To be or not to be-that is the question.
