That's happening as Canadian household debt hit yet another record high, and now sits at $1.65 owed for every dollar of disposable income. Riskier borrowers mean riskier banks. Canadaâs big banks have been named the worldâs safest repeatedly in the years since the financial crisis of 2008, but that may be coming to an end. Bloomberg reports that Canadian banksâ leverage ratio â a measure of how well a bank can absorb a loss â is now worse than at banks in the U.S. or Europe.
Eiffel Tower tops list of Europeâs most expensive monuments with a price tag of Â£344 BILLION. 1  Structure which dates back to 1889 is six times more valuable than the Colosseum in Rome. 2  Most valuable British landmark is the Tower of London, deemed to be worth Â£56billion.
The information on Lighthouse Facts was obtained from the United States Lighthouse Society. * The first known lighthouse was the Pharos of Alexandria, Egypt. Constructed between 300 and 280 BC by Ptolemy I and his son Ptolemy II, it stood about 450 feet high.This lighthouse was one of the Seven Wonders of the Ancient World.The most expensive lighthouse built in America is St. George Reef, off Crescent City, CA. It took ten years to construct (1882-1892) and cost $715,000.00. The Coast Guard abandoned it in 1972. *The Lighthouse Service was created in 1789 by the 9th Act of the first Congress.