On 10/07/2010 9:36 AM, bpuharic wrote:
On Sat, 10 Jul 2010 08:56:24 -0600,
wrote:

On 10/07/2010 7:37 AM, YukonBound wrote:

Sure hope The Freak doesn't see this article.......
Wait a minute, he's not interested in actually working is he... whew!
http://thechronicleherald.ca/Front/1191226.html

The places to go in no particular order are BC, Alberta and Saskatchewan.

Alberta has the most "American" like culture, slightly more socialistic
but the closest match to US culture. Sort of like Montana.

i remember a number of years ago, when the separatists under rene
levesque were ascendent in canadian politics, there was talk of
alberta joining the US if canada split. i was in montreal during one
of thoose elections...very interesting.

If our provincial government were to get on board, I suspect many in
Alberta would vote for seperation. But not sure joining th US is a
great idea, even though it is a better situation than we currnlty are in
with confederation/dominion.

Saskatchewan is prarie like Noth Dakota, but it is a happening place and
real-estate is reasonable still, although climing as they like Alberta
have jobs.

BC is nice too.

But east, it gets pretty bad. While some pockets have jobs, they are
often low end. Remember, you need to make more in gross in Canada to
live the same way as the US as the taxes are everywhere. Alberta having
the least and BC is near the high end.

funny that the canadian economy is in better shape than the US
is...due to its 'socialist' regulation of banks...

Only because we are resource based. The world still needs oil, NG,
electricity, wheat, hogs, beef, mining...our mainstay.

Manufacturing is but dead, only small efficient producers and some niche
players exist here. If you look at the stock market, TSX, it is
resources, commodities and banking/financial. Not much else. Certainly
nothing like MMM, SNA, GE on the TSX.

One thing that helped no liberal will talk about is Canadian mortgages.
Generally people in Canada have much more equity in their homes than
do Americans and it isn't as easy to toss the keys to the bank here.
Much harder to get a loan here if you are a debtor freak. 10% down is
about as low as you get and a 2% or is it 2.5%? goes to CMHC insurance,
but insurance isn't required if you drop 25% or more down. CHMC will
not do investors, just primary residences.

While consumer debt and total civic/provincial/fed government debt is at
least as bad, the stability is there. Plus Canadian government did
assume $75 billion of bad paper from the banks. About proportial to the
original TARP.

I knew a person that welshed on $3000 and 10 years later they came and
got it with interest and collections. Sost him $10k or something. Not
too easy to run from debt in Canada as it is in the US. Really just a
mater of time.

Canadians for example pay their mortgage without tax deductability.
Which makes your own home the best savings vehicle going. Stock markets
and retirement are best dealt with after the home is paid in full as
that interest is tax paid bucks going out the window.

I would not say socialism, I would say conservatism. My younger sister
went through bankruptcy here, it was hell and many debts still are on
her today. Many debts can't be wiped because you are debt worshiping
stupid. Could be education too as word travels between debtors.

Education comes as entertainment:

--

Government: We have Liberals (academic idealists), NDP (dreaming
socialists) and Conservative (lawyer scum) but where is the middle class
(common sense)?