Most of the damage in Canada is just collateral. Falling commodity prices, and closures in the industrial heartland due to the auto bankruptcies. Our fundamentals are pretty sound.
But our financial sector is in great shape. Our banks seizing this opportunity to expand their foreign operations. We even have an auto part manufacturer looking to expand beyond just being a supplier. This article strikes me as being a little premature, but it's likely that Canada will came out of this recession earlier and healthier than most economies.
Apparently, Poland is doing pretty well with the downturn, too.
"The worst part about these reviews is they are [subjective]--and their scores often depend on how drunk you got the media at a Street Fighter event." — Mona Hamilton, Capcom Senior VP of Marketing
*Image indefinitely borrowed from BrainBoxLtd without his consent.
