Canadians are coming out of the recession first. They're leading the way.
By writersedge
@writersedge (22563)
United States
6 responses
@maximax8 (31042)
• United Kingdom
9 Apr 10
Hi my friend. I am delighted to hear that Canada is coming out of the recession. I shall be flying to Vancouver this summer with my toddler son and baby daughter. I am sure that the Canadian dollar with soon be under control. I look at the exchange rates and what they are likely to mean for the traveling that I do. Congratulations to Canada.
3 people like this
@writersedge (22563)
• United States
9 Apr 10
Yes, the Canadian Dollar was almost at par(even with) the American dollar. So many Canadians are coming down here to shop which means that every time they do well, border areas do well. Since I'm a border person, this effects me. The Canadians have a business here that my husband works for, the stores are here because Canadians come down here, if it wasn't for Canadians, most of my area would be a ghost town every recession. They also buy land here which helps to keep it out of really foreign hands that we don't know anything about. They keep their property up very well, too.
@writersedge (22563)
• United States
14 Apr 10
I liked British Columbia, what parts I saw of it. Vancouver and the botanical gardens.
@celticeagle (190152)
• Boise, Idaho
13 Apr 10
I have been to Canada and enjoyed it thoroughly. I even looked into becoming a citizen but it was pretty complicated. I love it there! Beautiful. I was in British Colubia and it was in the early 90's.
1 person likes this
@barehugs (8973)
• Canada
9 Apr 10
Canada's banks are more tightly controlled than its US counterparts. Canada's CEO's do not get multi-million dollar yearly bonuses. Not one of Canada's banks needed a bail-out, and the big three Auto manufacturers who did, were all US owned. Our GNP is much smaller than the US, and we are very aware of it. We were the biggest trading partner of the US, until China came into the picture. Now its said that 90% of everything sold by Walmart in the US is produced China. Perhaps the US has sold its soul to China. There has been a double-digit increase in the average house price in major Canadian markets so far this year.
The Royal LePage survey says prices for all key housing types were up more than 10 per cent across Canada in the first quarter on a national basis.
The survey finds prices in Vancouver and Toronto jumped up to 20 per cent in some cases.
3 people like this
@writersedge (22563)
• United States
9 Apr 10
The National Debt of the USA is funded by China.
Yes, they have People's banks up there. So the bank is more responsible to the people and not to stock holders.
I just listened to a PBS radio station yesterday. Someone was saying that the banks must be reigned in or these recessions based on banking irresponsibility will continue to happen. But the person also said that wasn't being done. So we know what the problems is, but getting anyone to do anything about it is another thing.
If they hadn't redrawn the New York State map, we'd still be Canadians! They cut Native American tribes in half and separated many French people from their ancestors.
1 person likes this
@GardenGerty (169603)
• United States
9 Apr 10
I am glad that someone is coming out of it. I hope that as a nation we survive, and I hope that we learn to live with less or no debt, and save a little for the rainy days (and stormy seasons) in our lives.
@writersedge (22563)
• United States
9 Apr 10
That's a lot to hope for, but I second it. Gov. Paterson is trying to do that in NY State. So far, most people don't want to re-elect him because of it.
1 person likes this
@pergammano (7682)
• Canada
14 Apr 10
Being a Canuck...Thank you! It was our banking system that kept us from a deep recession...even tho' so many hate the stringent Canadian Banking System, it saved us from the wild lending/spending that happened elsewise...as we have so many mortgage laws, that don't allow us to get into the kind of mortgage debt that crippled so many dear persons in the US! Since the recession, the regulations have gotten even more severe...and the head bank, the Bank of Canada sets the standards!
We are still feeling the backlash, and will for time to come..but there is a glimmer of hope at the end of the tunnel. Cheers!
@pergammano (7682)
• Canada
21 Apr 10
Good morning...dear writersedge..Thank you, ever so kindly for the best response. I truly appreciate it, and it goes a long way towards adding rainbows to a day!
@writersedge (22563)
• United States
14 Apr 10
You're welcome! I was hoping I would hear from you. I bet you've been busy since things have picked up on the island.
They're supposed to make our banks better, but I doubt that they will. They also need to make our credit cards not so crazy, too. The interest is insane. Thanks and take care.
1 person likes this
@carmelanirel (20942)
• United States
9 Apr 10
Great!!! Now sent that down here to the US..:)
2 people like this
@celticeagle (190152)
• Boise, Idaho
9 Apr 10
Canada has a lot going for it actually. They also have great health care. We really need to get on board. But, how do you tell these idiots in office? Our governor is going to waste alot of time in lidigation with the feds over our healthcare now. I am not sure it worth his while.
2 people like this
@writersedge (22563)
• United States
10 Apr 10
It won't make Canadians very happy if we switch to their way because they sometimes come down here when they get the flu or they get sick and it can't wait. As long as it's just a regular Dr's apt., that's OK, but if it leads to going into the hospital, that's a problem. No USA insurance and even if they have it, go into debt.
2 people like this
@celticeagle (190152)
• Boise, Idaho
10 Apr 10
The long wait for appointments was one of the major arguments here in the US. And it will never make all people happen no matter what they do.
2 people like this
@celticeagle (190152)
• Boise, Idaho
10 Apr 10
This is true. I think at the lower level it should be okay. But hospitals could definitely be a problem.
2 people like this
