Quote:
Originally Posted by adam
I hope you are right.. its supposed to stay that way in the US for the next few years... how long can we hold our breath?
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Our housing market isn't 'bubbled' like the US was, it's been a more sustainable growth.
Also, I think the economy has become more global since other times when we just followed the US. Also, it's worth noting that our countries finances are in much better shape than in the US (thank-you Jean Chretien and Paul Martin).
Not to say the US doesn't have a large impact on our economy, it's just not the same as say in 1981. We'll most likely follow, but won't go shoulder to shoulder to the same depths (or heights).