jump to content
In the Network: Media Co-op Dominion   Locals: HalifaxTorontoVancouverMontreal

Canadian Economy Better than US?

posted by Geordie Geography: Canada Topics: elections, economics, Conservative, debates, 2008

October 4, 2008

Canadian Economy Better than US?

Harper during the debates:

"We are not in the kind of economic crisis we have in the US."

Merrill Lynch Canada Inc.:

"Households in this country are so indebted that it's only a matter of time before we see a major downturn here as well."

The Real Estate Board of Greater Vancouver:

"The Real Estate Board of Greater Vancouver says the number of residential property sales declined 42.9 per cent in September from a year earlier."

Own your media. Support the Dominion. Join the Media Co-op today.

Canadian economy

Another interesting facet of Canada’s economic success is attributed to the handling of immigration. The Times says that while Canada admits 60% of its immigrants as “economic immigrants” — that is skilled workers, entrepreneurs and investors — only one in seven such immigrants to the U.S. match that criteria.