This article is highly flawed.  Investing is about the future, not about the past!  This article wrongly focuses on the past of Home Capital which is obviously good as housing prices have run up significantly in Canada.  And Canada is not that special ---> Canadian home prices are in extreme bubble territory and (unfortunately) Canadian debt levels are extremely high (Why are people getting into bidding wars to overpay for homes - are they really stupid or on drugs?), there is a lot of downside risk in the next couple of years and it could be very tough for Home Capital, which will get definitely crushed in the next recession and if housing downturn takes place.  

I think there is a small chance that Home Capital could be a ZERO in the next 5 years....