No. 1 bubble: The average house price in Canada is almost 90% higher than the average in USA nowaday.
No. 2 bubble: The oilsand concept is a big joke, the oilsand project depends on using a lot of nature gas(better energy) and nightmare to environment and economically rely on extremely distorted cheap nature gas price.
No. 3 bubble: A lot of new Gold mines, silver mines traded on TSX and 2012 deadline for income trust.
No. 4 bubble: Canadian dollar is very high, and car insurance in Ontario is almost near 1/4 of mortgage for a house.