Link | Canada Rocks ( in typical quiet fashion) » Fareed Zakaria

Sometimes it’s cool to be Canadian 😎 Here are some bullet points from a glowing review of Canada. Worthwhile Canadian Initiative by Fareed Zakaria — Newsweek

  • Canadian banks are typically leveraged at 18 to 1—compared with U.S. banks at 26 to 1, and European banks at a frightening 61 to 1.
    • Surprise Surprise
      • No Canadian bank has failed in current crisis
      • TD is now world’s 5th largest bank
  • Canadian’s can’t deduct home mortgages 😦
    • I loved this when I lived in the US, but it cost’s US govt > $100B
    • fyi .. Home ownership is same — 68% in US & 68.4% in Canada
  • Canada’s health care costs less and we live longer.
    • is 9.7 % GDP in Canada vs 15.2% in USA

    • 81 years in Canada vs 78 years in USA

Tip to my buddy Joe for finding this

Advertisements

Comments are closed.

%d bloggers like this: