Go Canada

It is old news but I just read,

"In 2008, the World Economic Forum ranked Canada's banking system the healthiest in the world. America's ranked 40th, Britain's 44th."

I knew our friends to the south could deduct mortgage interest on their taxes. I did not know,

"... home loans in the United States are "non-recourse," which basically means that if you go belly up on a bad mortgage, it's mostly the bank's problem. In Canada, it's yours"
Source: Newsweek (Fareed Zakaria) Feb 16, 2009

We are more liberal than the Americans but we forget, some of our policies are very conservative and rightly so.

No comments:

Post a Comment