HamptonRoads.com | PilotOnline.com
Our previous conversation on your economy and Oldschool must take his medicine on this one, you have turned out to be correct, Canada seems to have weathered this world storm slightly better than the US has.
Canada's economy, a resource-rich economy dependent on oil and other commodity prices, has emerged from the global downturn faster than the United States. Canada has not experienced the failure of any major financial institution, and there has been no crippling mortgage meltdown or banking crisis in Canada, where there is greater oversight of mortgages.



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