how are canada's finances looking?

oldpaganfreak · 02-18-2009, 07:08 AM

in light of all the recent news about many u.s. states going broke and the american governent in increasing debt, i was wondering how canada's finances stacked up. are our pensions secure? are our services affordable?
inquiring minds wish to know.

waitinginthewings · 02-18-2009, 07:17 AM

Quote:

Originally Posted by oldpaganfreak

in light of all the recent news about many u.s. states going broke and the american governent in increasing debt, i was wondering how canada's finances stacked up. are our pensions secure? are our services affordable?
inquiring minds wish to know.

Darn, I was hoping you would have some answers on this...been wondering the same thing. Canadian government is very tight lipped on our economy, which is somewhat worriesome. We hear so much about the US and Britain, that it makes me wonder if we are sitting ducks here.

chitty · 02-18-2009, 12:10 PM

Almost like the govt. doesn't want us to know

NorthernSanctuary · 02-18-2009, 12:21 PM

I saw on the news recently that the export to China of fertilizers and raw material was increasing, believed to be due to the stimulus package in China. So at least some part of the economy is picking up.

Northern Boy · 02-18-2009, 04:24 PM

We are beginning to see small things take place . In hospitals they are closeing wards here in Orangeville , Pediatrics and Phyiso are both slated to go In Owen sound some nurses aids were on strike and as soon as the contract was settled they let a bunch go . I expect things to go welfare, Unemployment Insurance , old age security, even our free health care will eventually be chopped and all the time Our politicians will refuse to cut any of their benefits or wages . The revolution won`t be pretty but it will happen. One of the benefits we currently enjoy is the fact we have a resource based economy . when the NAU comes into play I expect we will lose that advantage and end up like eastern Europe did where the Soviets raped those countries taking whatever they wanted

02-18-2009, 07:08 AM	#1
oldpaganfreak Avalon Senior Member Join Date: Sep 2008 Location: great northern boreal forest Posts: 440	how are canada's finances looking? in light of all the recent news about many u.s. states going broke and the american governent in increasing debt, i was wondering how canada's finances stacked up. are our pensions secure? are our services affordable? inquiring minds wish to know.

02-18-2009, 12:10 PM	#3
chitty Avalon Senior Member Join Date: Sep 2008 Location: S.E. Saskatchewan Posts: 136	Re: how are canada's finances looking? Almost like the govt. doesn't want us to know

02-18-2009, 12:21 PM	#4
NorthernSanctuary Avalon Senior Member Join Date: Sep 2008 Location: Montreal, Canada Posts: 698	Re: how are canada's finances looking? I saw on the news recently that the export to China of fertilizers and raw material was increasing, believed to be due to the stimulus package in China. So at least some part of the economy is picking up.

02-18-2009, 04:24 PM	#5
Northern Boy Avalon Senior Member Join Date: Oct 2008 Location: On this Rock Posts: 1,390	Re: how are canada's finances looking? We are beginning to see small things take place . In hospitals they are closeing wards here in Orangeville , Pediatrics and Phyiso are both slated to go In Owen sound some nurses aids were on strike and as soon as the contract was settled they let a bunch go . I expect things to go welfare, Unemployment Insurance , old age security, even our free health care will eventually be chopped and all the time Our politicians will refuse to cut any of their benefits or wages . The revolution won`t be pretty but it will happen. One of the benefits we currently enjoy is the fact we have a resource based economy . when the NAU comes into play I expect we will lose that advantage and end up like eastern Europe did where the Soviets raped those countries taking whatever they wanted Last edited by Northern Boy; 02-18-2009 at 04:28 PM.