scribblet Posted January 6, 2011 Report Share Posted January 6, 2011 (edited) How about that, Canucks are better at some things, way to go Canada, good leadership, good government - Go Tories http://www.washingtontimes.com/news/2011/jan/4/go-north-young-man-go-north/ Look what's not happening in Canada. There is no real estate crisis. There is no banking crisis. There is no unemployment crisis. There is no sovereign debt crisis. Recent reports suggest that consumers are loading up too much debt, but Canada shares that problem with nearly every other country in the industrialized world.Among the Group of Seven nations, which also include the United States, France, Japan, Germany, the United Kingdom and Italy, Canada's economic activity has come the closest to returning to the pre-recession peak. The country has recovered three-quarters of all jobs it lost. The International Monetary Fund estimates that Canada will be the only country among the G-7 to have achieved a balanced budget by 2015. Now, instead of expanding Canada's welfare state, the conservative government led by Mr. Harper is intent upon building the nation's global competitiveness. Our friends in the Great White North cut their corporate tax rate to 16.5 percent on Jan. 1 and will see it drop to 15 percent next year. That compares to the current U.S. corporate tax rate of 35 percent. That will give Canada the lowest corporate tax rate among the G-7 nations and an eye-popping advantage for businesses wondering whether to locate on the U.S. or Canadian side of the border. cont.... and earlier http://business.financialpost.com/2010/07/12/a-few-reasons-why-canadas-economy-is-better-than-the-u-s-economy/ http://articles.latimes.com/2010/jul/11/business/la-fi-econ-canada-20100711 Canada's economy can teach the U.S. a thing or two The United States will probably take years to recover from the global recession and credit crunch, economists say, but its northern neighbor is back in fine shape. Edited January 6, 2011 by scribblet Quote Link to comment Share on other sites More sharing options...
Shwa Posted January 6, 2011 Report Share Posted January 6, 2011 How about that, Canucks are better at some things, way to go Canada, good leadership, good government - Go Tories http://www.washingtontimes.com/news/2011/jan/4/go-north-young-man-go-north/ cont.... and earlier http://business.financialpost.com/2010/07/12/a-few-reasons-why-canadas-economy-is-better-than-the-u-s-economy/ http://articles.latimes.com/2010/jul/11/business/la-fi-econ-canada-20100711 Canada's economy can teach the U.S. a thing or two The United States will probably take years to recover from the global recession and credit crunch, economists say, but its northern neighbor is back in fine shape. It is inevitable. You are going to be accused of being a Canadian watching Americans watching Canadians. Wait for it... Quote Link to comment Share on other sites More sharing options...
Evening Star Posted January 6, 2011 Report Share Posted January 6, 2011 on a per-capita basis, the rate of legal immigration to Canada is comparable to that to the U.S. It's significantly higher, surely: https://www.cia.gov/library/publications/the-world-factbook/fields/2112.html Quote Link to comment Share on other sites More sharing options...
jbg Posted January 6, 2011 Report Share Posted January 6, 2011 It is inevitable. You are going to be accused of being a Canadian watching Americans watching Canadians. Wait for it... Would I then be an American watching Canadians watching Americans who watch Canadians? Quote Link to comment Share on other sites More sharing options...
Shwa Posted January 6, 2011 Report Share Posted January 6, 2011 Would I then be an American watching Canadians watching Americans who watch Canadians? Right now I am an American-Canadian/Canadian-American, watching an American watching Canadians watching Americans who watch Canadians. Quote Link to comment Share on other sites More sharing options...
Keepitsimple Posted January 6, 2011 Report Share Posted January 6, 2011 That's not what the Liberals say. That's not what that CAW economic study says. Why should anyone believe an International Monetary Fund opinion over those two? Quote Link to comment Share on other sites More sharing options...
scribblet Posted January 6, 2011 Author Report Share Posted January 6, 2011 Well, of course, the Union study was non biased and quite right doncha know LOL Canada is doing a whole lot better than some people like to admit. Quote Link to comment Share on other sites More sharing options...
segnosaur Posted January 6, 2011 Report Share Posted January 6, 2011 How about that, Canucks are better at some things, way to go Canada, good leadership, good government - Go Tories http://www.washingtontimes.com/news/2011/jan/4/go-north-young-man-go-north/ I've defended Harper and the conservatives a lot on this board, but I have to admit, I don't think the Tories have that much to do with Canada's weathering the current global financial problems. After all, many of the financial regulations that kept us from the meltdown that the U.S. experienced predated Harper's government. Combine that with the fact that Canada has substantial natural resources (such as oil) and it would be hard not to be successful. Quote Link to comment Share on other sites More sharing options...
wyly Posted January 6, 2011 Report Share Posted January 6, 2011 I've defended Harper and the conservatives a lot on this board, but I have to admit, I don't think the Tories have that much to do with Canada's weathering the current global financial problems. After all, many of the financial regulations that kept us from the meltdown that the U.S. experienced predated Harper's government. Combine that with the fact that Canada has substantial natural resources (such as oil) and it would be hard not to be successful. an unbiased honest observation from a conservative supporter, congratulations... Quote Link to comment Share on other sites More sharing options...
dre Posted January 6, 2011 Report Share Posted January 6, 2011 It is inevitable. You are going to be accused of being a Canadian watching Americans watching Canadians. Wait for it... Nobody could possibly be stupid enough to waste time on that. Oh wait... This village has just the idiot! Quote Link to comment Share on other sites More sharing options...
pinko Posted January 6, 2011 Report Share Posted January 6, 2011 (edited) I am an older Canadian with a union background and would like to suggest that the analysis of the state of the economy here in Canada by Jim Stanford is one that should be taken seriously given his credentials. Job creation in Canada has been lacking for some time and many of the jobs created have been low paying part-time jobs. While we are a resource based economy the growth is unevenly distributed both in terms of income levels and regional disparities. Perhaps in a relative sense we may be somewhat better off than many of our American counterparts but I don't think we should be smug about this. Our growth in the last few quarters has been worse that that of some of the other developed economies and most certainly not as robust as those of Brazil, China, India and other developing economies. Edited January 6, 2011 by pinko Quote Link to comment Share on other sites More sharing options...
scribblet Posted January 6, 2011 Author Report Share Posted January 6, 2011 I've defended Harper and the conservatives a lot on this board, but I have to admit, I don't think the Tories have that much to do with Canada's weathering the current global financial problems. After all, many of the financial regulations that kept us from the meltdown that the U.S. experienced predated Harper's government. Combine that with the fact that Canada has substantial natural resources (such as oil) and it would be hard not to be successful. It has some thing to do with it, but obviously not all, sometimes a leader can't do a whole lot against global problems, but we did come through better than most, and still are. Of course, the study coming from Canadian Auto Workers Union is pretty rich considering they have allready partaken of gov't largesse and are still whining. Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted January 7, 2011 Report Share Posted January 7, 2011 (edited) Perhaps in a relative sense we may be somewhat better off than many of our American counterparts but I don't think we should be smug about this. Our growth in the last few quarters has been worse that that of some of the other developed economies and most certainly not as robust as those of Brazil, China, India and other developing economies. Agreed....Canada still has not improved much in the way of worker productivity either, lagging behind several nations. http://www.cbc.ca/money/story/2009/08/10/f-productivity-statistics-canada-study.html Edited January 7, 2011 by bush_cheney2004 Quote Link to comment Share on other sites More sharing options...
Moonbox Posted January 7, 2011 Report Share Posted January 7, 2011 Agreed....Canada still has not improved much in the way of worker productivity either, lagging behind several nations. Productivity will increase with the value of our dollar. A low dollar does two things: 1) It provides an artificial competitive advantage and therefore complacency 2) It makes it more expensive to invest in equipment and capital With a higher dollar Canadian companies will HAVE to improve their productivity or go bust, and their investment dollars will go further when buying equipment (most of which is probably foreign built). Quote Link to comment Share on other sites More sharing options...
dre Posted January 7, 2011 Report Share Posted January 7, 2011 Productivity will increase with the value of our dollar. A low dollar does two things: 1) It provides an artificial competitive advantage and therefore complacency 2) It makes it more expensive to invest in equipment and capital With a higher dollar Canadian companies will HAVE to improve their productivity or go bust, and their investment dollars will go further when buying equipment (most of which is probably foreign built). It makes it more expensive to invest in equipment and capital It also gives you an incentive to buy domestic equipment, materials, and labor. A high dollar will accelerate the surrender of production to foreign markets. Its also just generally bad for our exports, and tourism industry. It WILL help some businesses and people but its bad for most. Quote Link to comment Share on other sites More sharing options...
dre Posted January 7, 2011 Report Share Posted January 7, 2011 Agreed....Canada still has not improved much in the way of worker productivity either, lagging behind several nations. http://www.cbc.ca/money/story/2009/08/10/f-productivity-statistics-canada-study.html Thats not necessarily a bad thing. Quote Link to comment Share on other sites More sharing options...
jbg Posted January 7, 2011 Report Share Posted January 7, 2011 Agreed....Canada still has not improved much in the way of worker productivity either, lagging behind several nations. Still at your favorite sport, Canada-bashing? Maybe you should get outside and do some real sports. Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted January 7, 2011 Report Share Posted January 7, 2011 Still at your favorite sport, Canada-bashing? Maybe you should get outside and do some real sports. This is sport....like tennis. They serve 'em up....I hit them back over the net. Rinse and repeat. Quote Link to comment Share on other sites More sharing options...
scribblet Posted January 7, 2011 Author Report Share Posted January 7, 2011 More good news Canada has gained all lost during the recession - Go Tories http://www.theglobeandmail.com/report-on-business/economy/jobs/canada-adds-22000-jobs-in-december/article1861039/ Quote Link to comment Share on other sites More sharing options...
GostHacked Posted January 7, 2011 Report Share Posted January 7, 2011 It is inevitable. You are going to be accused of being a Canadian watching Americans watching Canadians. Wait for it... It's that predictable now ain't it !!! Quote Link to comment Share on other sites More sharing options...
jbg Posted January 10, 2011 Report Share Posted January 10, 2011 This is sport....like tennis. They serve 'em up....I hit them back over the net. Rinse and repeat. Can you hit a ball that someone returns to your backhand side? Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted January 10, 2011 Report Share Posted January 10, 2011 (edited) Can you hit a ball that someone returns to your backhand side? Only if I want to. I've got them trained to the point of anticipating the backhand whether I hit it or not. Edited January 10, 2011 by bush_cheney2004 Quote Link to comment Share on other sites More sharing options...
Cyberguy Posted February 22, 2011 Report Share Posted February 22, 2011 How about that, Canucks are better at some things, way to go Canada, good leadership, good government - Go Tories http://www.washingtontimes.com/news/2011/jan/4/go-north-young-man-go-north/ cont.... and earlier http://business.financialpost.com/2010/07/12/a-few-reasons-why-canadas-economy-is-better-than-the-u-s-economy/ http://articles.latimes.com/2010/jul/11/business/la-fi-econ-canada-20100711 Canada's economy can teach the U.S. a thing or two The United States will probably take years to recover from the global recession and credit crunch, economists say, but its northern neighbor is back in fine shape. This reply goes to the guy that pats Harper on the back for Canada's performance during the great Recession of '08. What did Harper do? He prorogued (shut-down) parliament!(twice) Way to go! The following year he didn't recall it 'till March 17th & just ruled by decree! He is the finest dictator to ever lust after! Wait a minute... it was Flaherty that signed in the No Down Payment 35 year mortgages & destabilized CMHC by allowing these to get mixed in. Anybody should see that Harper was restrained from his lust to be American & adopt bogus american financial practices by a minority parliament. The premiers recently met about the Canada Pension Plan, & Flaherty wants to hand over it's management to a buncha trust companies. The guy reads Bush's speeches word for word. His orders come from Houston. Quote Link to comment Share on other sites More sharing options...
MapleLeafAlliance Posted February 22, 2011 Report Share Posted February 22, 2011 A high dollar means greater buying power for Canadian consumers...hardly a bad thing. Quote Link to comment Share on other sites More sharing options...
Bryan Posted February 22, 2011 Report Share Posted February 22, 2011 A high dollar means greater buying power for Canadian consumers...hardly a bad thing. It only seems like higher buying power if you don't look at both sides of the equation. Being able to afford to buy more crap at Menards has a residual cost. When our dollar was much lower, it meant Canadian businesses could actually charge less than foreign competitors, yet still end up with more money after conversion. Now they have to charge more or they lose money, which often means losing customers. Which leads to lost revenue. Which leads to lost jobs. Unemployed people and bankrupt businesses don't usually have a whole lot of buying power. So, yes, a higher dollar is a bad thing. Quote Link to comment Share on other sites More sharing options...
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