It is interesting to compare the picture, painted by the Globe and Mail, with the picture painted by other news sources.

The Globe and Mail describes this all in terms of locally employed workers, with massively excessive debt loads that a growing number of local homeowners are taking on, with low mortgage rates and bank rules enabling local workers to over-extend themselves, the local workers are causing a big mess.

And then you click away and look at reports from other news sources:

China is buying Canada: Inside the new real estate frenzy
Canada ranks third globally for Chinese home buyers
Toronto condo developers head directly to China to court buyers
41% of Chinese buyers say they want Toronto real estate for schooling
How China’s affection for Canada’s real estate is reshaping market 
Foreign Money Heating up Canadian Housing Market
Chinese inquiries in Toronto real estate spiked with Vancouver tax
Why do Chinese buyers find Canada such an attractive investment for real estate