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View Full Version : Canada and US economy so crazy



spice756
27th September 2008, 04:30
Canada and US economy are not so interconnected like some think here is why.:ohmy:



Wages are high in Canada and in the US are low and getting lower all the time in the US.
The doller is high in Canada and low in the US
Canada has a strong upper middle class but in the US a weak lower middle class .
There are lots of jobs in Canada but very little in the US
There is lots of offshoring in the US not like Canada
There is lots of downzing in the US not like Canada
There is lots of investment and businesses in Canada

There is a major economic boom in Calgary, Edmonton and Toronto.


My views why it is like this is do to the pre-60' and 70's left movement.Has the 80's was sharp turn and more in the late 90's.

JC1
2nd October 2008, 10:33
There is no boom outside alberta. Oil has provided a security bubble for AB
but when demand for oil slows down due to the US consumption slow down, Alberta will feel it.

As for the "High dollar", the canadian dollar is only "high" becuase the american dollar is low. Our dollar is not better, its just the dollar we compare it with is diminishing in value.