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Go north, young man, go north

Washington Times columnist James A. Bacon explains why Americans should be paying more attention to Canada. Bacon points out that not only did Canada weather the economic crises better than any other G-7 nation, it also boasts world class creative cities and an immigration tradition that attracts the most talented professionals from across the globe.

"Unless the Winter Olympics are on television or someone is clubbing baby seals, Americans don't pay much attention to what's happening in Canada. It's as if we live in a house with a set of quiet, orderly neighbors on one side and a bachelor pad with drunken parties, girls in the hot tub and occasional gunshot eruptions on the other. To whom would you pay more attention?"

"Look what's not happening in Canada. There is no real estate crisis. There is no banking crisis. There is no unemployment crisis. There is no sovereign debt crisis. Recent reports suggest that consumers are loading up too much debt, but Canada shares that problem with nearly every other country in the industrialized world."

"Among the Group of Seven nations, which also include the United States, France, Japan, Germany, the United Kingdom and Italy, Canada's economic activity has come the closest to returning to the pre-recession peak. The country has recovered three-quarters of all jobs it lost. The International Monetary Fund estimates that Canada will be the only country among the G-7 to have achieved a balanced budget by 2015."

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original source Washington Times
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