Yea Canada!

While the US (my native land) is in the middle of a finical ”crisis” Canada is doing ok. Thankfully I reside in Canada. I hear a lot about this, people say it is because Canada regulates this or that “more”. I am not sure what “more” means and have never heard anyone quantify “more”. In fact I think “more” regulation has little to do with it. Canada is conservative, not in the way that usually means but in the way it should mean.

Canada is careful. No sudden moves. Banks have not suddenly had a huge shift in the way they are regulated. The Government has not taken huge risks with deficit spending, wars, rapid shifts in regulation, or spending amounts. I am sure that, at times, Canada has made sudden moves. Certainly provincial insurance would be considered a sudden move by some, but by and large in my, admittedly, limited experience with Canadian government has been one of caution.

Thank you Canada be being careful and for putting thoughtful action above emotional reaction.