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.
Top 5 most expensive casinos ever built. Back in 1989 Steve Wynn built the The Mirage Las Vegas at a cost of US$630 million. It was the most expensive hotel casino the world had yet seen and more than a few gaming analysts called him crazy. To meet the debt financing charges the casino would have to âmake a nutâ of $1 million a day (ie net gaming revenues or player losses). Unheard of.