Canada's Real Estate Dependence Resembles The U.S.'s Before It Crashed

``The Great White North's dependence on real estate investment reached a record high this year -- just like it did in the U.S. in 2005, before it started dropping for years, global banking firm Macquarie noted in a report this week. It said that 2016 could represent a "peak housing" year for Canada, and that activity in the sector could start declining afterward. ''