Lets face it, the home owners have won the lottery and the sovereignty of this country has long been sold out. Do you honestly think those in the public service who are  lottery winners and indexed against inflation aren't  jumping through hopes with excitement.
Once they have all sold out and moved to Florida those left to carry to the debt will crash !!!
Personal and Provincial debt  are a toxic cocktail, not sure what the plan will be to unwind the mess. 
A mortgage market that is unable to withstand a rate increase coupled with the largest sub sovereign debt in the world, what could go wrong !!
BOOOOM, hell best to make your money and run, not sure about the pensions though.