Vanilla

I don't know about you, but ever since the USA went into recession I've been fearing a similar downturn in Canada. There has been widespread reports about how Canada's "sound banking policy" saved us from the worst of things, the USA economy still hasn't recovered. In fact, all the top financial advisors and economists in America are saying that the economy still isn't showing sings of recovery and that they are running out of tools to jump start it.

To put things into perspective, America has a population of 300 million while Canada has a population of 30 million. Needless to say, they are our largest and most significant trading partner so our recovery is directly tied to theirs. Sure, we had enough cash in the federal and provincial bank to survive until now what happens when that is no longer available? BC has been pumping hundreds of millions of dollars into the local economy here in an attempt to keep things afloat... and to a certain extent, they are succeeding (which is great). But how are things looking for the upcoming year?

I have a lot more to say about this topic, but no one knows what the future holds... I'm curious to hear what you guys think! Share your opinions and let's create some dialogue.