The economic news out of Canada is pretty good these days. This explains a lot of iffy silly games and tricks. iffy never talks about the economy now. All he has said of late is he wants to eliminate those business tax cuts. That of course is a very bad idea.
I hope investors around the world start investing heavily in Canada. With the business tax cuts, and our near booming economy, Canada is a great place to invest.
The Canadian economy is particularly strong this year, aided by a healthy banking sector and low government deficits relative to its competitors, according to the Organization for Economic Co-operation and Development.
"I think Canada looks good — it shines, actually," said Alexandra Bibbee, who heads the group that analyses the Canadian economy for the OECD, a research body funded by 31 member countries in Europe, North America and Asia.
"Canada could even be considered a safe haven."
Canada's growth, which fell 2.7 per cent in 2009, is projected to grow by 3.6 per cent this year and ease to 3.2 per cent in 2011.