Metro Toronto has about 5.6 million people. The Irish Republic has just 4.6 million citizens. Ireland's bank debt is estimated at well over 100-billion Euros. In 2008, the Irish government sought to save the country's banks by giving guarantees of 400-billion Euros, money they never had.
This is a very small country drowning in a tsunami of debt. The ancient Greeks warned that Nemesis always follows Hubris. How did we come to forget that?