Crash? What Crash? Canada’s Doing Fine.

“Yesterday in a downtown Toronto hotel ballroom, Heffel Fine Art held a two-part auction… and by the end of the last session, it had hammered down almost 175 lots valued at almost $18-million. This was the third-biggest sale by dollar in Canadian art auction history and a refutation to those who had been expecting the market here to slide as precipitously as has been happening in London, New York and Hong Kong.”