According to the latest research problems in the US economy as long as in the economy of Canada and other countries started because of the wrong policy of they financial institution in the sphere of real estate because it was considered to be one of the most stable sphere of economy. But in fact it has suffered a lot which made prices for property decrease. For example, today you can buy homes in Toronto for such small sums of money. This happened mainly because a lot of people who applied for financial help to banks left their homes and flats as a main deposit. And when they lost their job or became bankrupts. Banks and other financial institutions started to sell this property to get the money. And that was one of the reasons of the world financial crisis because it created a huge disproportion between offer and demand which made prices for property decrease considerable. Of course in this situation as Tony O’Connor and other governors asked the government to provide financial help to banks and other situation in order to avoid financial complications in the future. And this help was provided just in time.