Canada's economy is suddenly the envy of the world

[Hot Mega]

Well fuck then i'll just wait a year or two, cause the prophet obama just said earlier today all economies are linked. But kudo's to canada for having a conservative banking system..... that's right they do not give loans based on inequality like the U.S. does thank's to bwarney Fwank and his ilk

Geez man! Wrong again. Subprime mortgages we're pushed on borrowers irrespective of qualifications because the monetary incentives and bonuses were more.

What failed was a core tenet of capitalism. Which is, left to their own devices, business will naturally regulate and protect themselves by engaging in the best practices.

I suppose you can tell yourself whatever you want from a story to fit your "idiology" but Canada's banking system isn't where it is because of some conservatism you ascribe to it. They are where they are today because of one word, "regulation".

The banks are stable because, in part, they're more regulated. As the U.S. and Europe loosened regulations on their financial industries over the last 15 years, Canada refused to do so. The banks also aren't as leveraged as their U.S. or European peers.

There was no mortgage meltdown or subprime crisis in Canada. Banks don't package mortgages and sell them to the private market, so they need to be sure their borrowers can pay back the loans.

In Canada's concentrated banking system, five major banks dominate the market and regulators know each of the top bank executives personally.

"Our banks were just better managed and we had better regulation," says former Prime Minister Paul Martin, the man credited with killing off a massive government deficit in the 1990s when he was finance minister, leading to 12 straight years of budget surpluses.

Also, little did you notice...most of the countries that produce surpluses in oil and gasoline aren't having any trouble either. The other blow to our economy as well as others around the world was the explosion in gas pricing draining money from other parts of the market. I don't believe Canada had such a problem. They produce much more oil and gas than they need and they are our top foreign supplier. And I believe their current gas prices are around a $1.

But as far as your quip about Barney Frank and those of his "ilk" in this crises..I suppose you should hear this then...:o

Bush says by then end of the decade we will have increase ownership....it's probably decreased.

Now...I'm not trying to change your mind. Stay in la la land...I'm simply refuting what you say with the facts.

 

[Shifty]

What I basically said was that Canada's economy is a leech to the U.S. economy. It's tied to it, and will eventually feel the effects....

We have felt the effects. We felt them right away, and are weathering them. Hence the article posted by titsrock, released on June 20, 2010. :dunno:

Read the article I posted; produced in the USA. :dunno:

And you still feel Canada's economy is a leech to the USA's; I'd say (generously) that it is more of a 2-way deal, no? :dunno:

What don't you understand? :dunno:

... and sorry for all the fancy 'facts'.

 

[Hot Mega]

And you still feel Canada's economy is a "leech" to the USA's;

I agree. Canada being a leech on the US is pretty much nonsense. A leech takes a host and gives nothing in return. We don't host Canada and whatever they get from us comes at the exchange of something we need.

I'd say (generously) that it is more of a 2-way deal, no? :dunno:

I also agree here. Where would we be without Canada's oil exports to us and where would Canada be without the revenue from it?

Besides oil isn't the only good thing we get from Canada....Kimberly Franklin:lovecoupl, Lauren Phoenix, Sophia Santi and Shyla Stylez are a few of the best things we've imported from up north.:o

 

[D-rock]

Canada is the leading export market for 36 of the 50 U.S. States, and ranked in the top three for another 10 States. In fact, Canada is a larger market for U.S. goods than all 27 countries of the European Community combined, whose population is more than 15 times that of Canada.

I hope they never wise up like the Europeans and realize are crap isn't worth buying.

 

[Bloodshot Scott]

Contrary to what many of you have been lead to believe, Canada's health care is not much better, if better at all. I just did a brief report on the issue and found some startling statistics.

For starters, it's provincial governments - not the federal government - in Canada that alocate funds for health care. 30% of insurance in Canada is private: prescription drugs are not covered by the government; dentistry is not covered; optometry is not covered, in addition to other services.

The Minneapolis/St. Paul metropilitan area (MN) has more magnetic resonance machines (MRI machines) than the entire country of Canada - this is because of the strict federal oversight and allocation of dollars they have to cut in certain areas such as equipment. What does this lead to? Non-life threatening conditions can lead up to 18 month waits for physician care...yes 18 months. Also, "in some serious cases, patients die as a result of waiting." In addition primary physicians make as much as our (American) nurses make in $US.

Furthermore, "although 56% of Canadian respondents to [a] 1989-1990 survey indicated that "The system works pretty well," only 20% of respondents gave this response to a similar question in a 1998 survey."


For more information, y'all should check out an article by a Dr. Gregory Butler, Radiologist, titled "The health care debate in Canada: One Canadian radiolgist's view."

It's brief and, although it points out negative aspects, it also notes some positive ones as well. It also points out some really shitty facts about America as well, such as certain areas of waste that I won't go into here.
But since everyone thinks shit is all rosey up there, I thought I'd post those facts. So next time PT or STDiva give you their spiel, remember this.

 

[Shifty]

^^ Scott, you are correct. The medical system is indeed not perfect here - it works but it is not perfect. Wait times in emergency rooms are often ridiculous for example. The wait for MRI machines is very long as well. There are issues of 'volume' which I won't get into here...

 

[Hot Mega]

Contrary to what many of you have been lead to believe, Canada's health care is not much better, if better at all. I just did a brief report on the issue and found some startling statistics.

For starters, it's provincial governments - not the federal government - in Canada that alocate funds for health care. 30% of insurance in Canada is private: prescription drugs are not covered by the government; dentistry is not covered; optometry is not covered, in addition to other services.

The Minneapolis/St. Paul metropilitan area (MN) has more magnetic resonance machines (MRI machines) than the entire country of Canada - this is because of the strict federal oversight and allocation of dollars they have to cut in certain areas such as equipment. What does this lead to? Non-life threatening conditions can lead up to 18 month waits for physician care...yes 18 months. Also, "in some serious cases, patients die as a result of waiting." In addition primary physicians make as much as our (American) nurses make in $US.

Furthermore, "although 56% of Canadian respondents to [a] 1989-1990 survey indicated that "The system works pretty well," only 20% of respondents gave this response to a similar question in a 1998 survey."


For more information, y'all should check out an article by a Dr. Gregory Butler, Radiologist, titled "The health care debate in Canada: One Canadian radiolgist's view."

It's brief and, although it points out negative aspects, it also notes some positive ones as well. It also points out some really shitty facts about America as well, such as certain areas of waste that I won't go into here.
But since everyone thinks shit is all rosey up there, I thought I'd post those facts. So next time PT or STDiva give you their spiel, remember this.

We have to speculate on things like weather life was ever present on Mars and refer to studies for things like the effects of mercury on pregnant women.

With this, there are people here who live in Canada. Though not scientific..we can still get the straight dope from the horse's mouth on the reality of their system.:2 cents:

As they chime in the picture should be clearer IMO.

 

[Shifty]

We have to speculate on things like weather life was ever present on Mars and refer to studies for things like the effects of mercury on pregnant women.

With this, there are people here who live in Canada. Though not scientific..we can still get the straight dope from the horse's mouth on the reality of their system.:2 cents:

As they chime in the picture should be clearer IMO.

Things are fine.

 

[mrtrebus]

"Canada is the linchpin of the English-speaking world. Canada, with those relations of friendly, affectionate intimacy with the United States on the one hand and with her unswerving fidelity to the British Commonwealth and the Motherland on the other, is the link which joins together these great branches of the human family, a link which, spanning the oceans, brings the continents into their true relation and will prevent in future generations any growth of division between the proud and the happy nations of Europe and the great countries which have come into existence in the New World." Winston Churchill

 

[Shifty]

"Take off eh?"

- Bob and Doug McKenzie

 

[Bloodshot Scott]

We have to speculate on things like weather life was ever present on Mars and refer to studies for things like the effects of mercury on pregnant women.

With this, there are people here who live in Canada. Though not scientific..we can still get the straight dope from the horse's mouth on the reality of their system.:2 cents:

As they chime in the picture should be clearer IMO.

What are you rambing on about? I just gave a Canadian Doctor's perspective, and facts. And you say that isn't good enough? Paleeeeze.

Admit it when you are wrong. It will give you more credibility in the long run.

 

[Shifty]

^^ :2offtopic This thread is about the economy!

 

[Bloodshot Scott]

^^ :2offtopic This thread is about the economy!

Yeah, I know. But I just thought I'd post it here instead of a new thread. Besides it's part of the economy anyway. What was it, 10% of your GDP spent on healthcare.

 

[Hot Mega]

What are you rambing on about? I just gave a Canadian Doctor's perspective, and facts. And you say that isn't good enough? Paleeeeze.

Admit it when you are wrong. It will give you more credibility in the long run.

Point was B/S Scott...while asking the many members of this board what their practical experience is may not be scientific, it would provide much better insight than some study or a doctor IMO.

I didn't offer an opinion nor fact one way or the other about the system nor did I refute what you posted. What exactly was I supposed to confess error on?

 

[Hot Mega]

Yeah, I know. But I just thought I'd post it here instead of a new thread. Besides it's part of the economy anyway. What was it, 10% of your GDP spent on healthcare.

Good point. Especially in light of it not apparently bankrupting their economy like many claim a similar system would do to ours.:o

 

[Bloodshot Scott]

Point was B/S Scott...while asking the many members of this board what their practical experience is may not be scientific, it would provide much better insight than some study or a doctor IMO.

I didn't offer an opinion nor fact one way or the other about the system nor did I refute what you posted. What exactly was I supposed to confess error on?

Well, if you can dig the source up on the Net, you'll see the source I chose is not a pro-American source - more a pro-Canadian source. Basically it's point is that Canada and American systems for care are not that different.

The problem with people saying we should just go to a single-payer system like Canada is that we are an entirely different beast altogether. Our slummy, welfare loser ass class alone is probably more than 30 million, the size of Canada. I'm telling you, if we went (or go) to their form of healthcare we are in trouble. What the Doc proposes and other sources I used propose is not a system similar to Canada's but a hybrid.

Bottom line is it's not an easy situation at all. America has problems, like this (6 lobbyists for every member of congress): http://www.pbs.org/moyers/journal/10092009/watch2.html but to say Canada is superior is not true.

 

[Facetious]

"Take off eh?"

- Bob and Doug McKenzie

'Hoser!' :1orglaugh :wave2:




Re: Canada's economy is suddenly the envy of the world

Good, here's a bologna sammich on white and a road map, please make good use of them.

[ . .

An aging population in the north is presenting new challenges for the health-care industry. Nursing homes and homes for the aged are faced with increased demands, while hospitals must expand or change their services to meet the needs of older patients.

The provincial Ministry of Community and Social Services




recently announced $37.9 million in additional funding for the province's nursing homes and homes for the aged. However, it is unlikely that Ontario's hospitals will receive the same help in their struggle with a tide of red ink.

FIXED COSTS


The four hospitals contacted by Northern Ontario Business all reported that they are operating in the red

. Their administrators attribute the losses to the nurses' contract signed earlier this year, other labor agreements and legislated costs such as the Canada Pension Plan and unemployment insurance.

Some administrators are now concerned about the impact that pay equity will have on their budgets.

Dennis Timbrell, chairman of the Ontario Hospital Association, predicts that the program will add $500 million to the total operating deficit of Ontario's hospitals.

North Bay Civic Hospital is already heading towards an operating budget
shortfall of $1 million for this fiscal year. . .]

 

[D-rock]

A society should be judged by how it treats it least well off people.

Having just adequate health care for everybody is better than having great health care for a portion of the population and nothing or terrible health care for another portion. If some people are forced to go without terrific health care so everybody can have a decent level of it, so be it.

 

[Bloodshot Scott]

A society should be judged by how it treats it least well off people.

Having just adequate health care for everybody is better than having great health care for a portion of the population and nothing or terrible health care for another portion. If some people are forced to go without terrific health care so everybody can have a decent level of it, so be it.

Yeah. Too bad the wealthiest just head south though, huh? They don't wait in line.

 

[Hot Mega]

Well, if you can dig the source up on the Net, you'll see the source I chose is not a pro-American source - more a pro-Canadian source. Basically it's point is that Canada and American systems for care are not that different.

The problem with people saying we should just go to a single-payer system like Canada is that we are an entirely different beast altogether. Our slummy, welfare loser ass class alone is probably more than 30 million, the size of Canada. I'm telling you, if we went (or go) to their form of healthcare we are in trouble. What the Doc proposes and other sources I used propose is not a system similar to Canada's but a hybrid.

Bottom line is it's not an easy situation at all. America has problems, like this (6 lobbyists for every member of congress): http://www.pbs.org/moyers/journal/10092009/watch2.html but to say Canada is superior is not true.

Again, no matter what the link was pro Am, pro Can...pro Universal coverage or not...I didn't agree nor disagree with it.

With respect to what our system would look like in contrast to theirs? Who knows. The two country's dynamics are so different that just because their's is encumbered with long waits for some doesn't mean ours will be.

Why do we get stuck on inferior vs. superior when it comes to situations like this with many different dynamics?

We just had a politician deriding the concept of universal coverage in front of one crowd then she confessed to crossing the border to take advantage of another country's universal coverage in front of another crowd.

That's the problem...to many people play politics in our country with buzz words instead just doing what is in our country's interests.