How badly is Canada affected by the financial crisis?

If the US goes under and the US Dollar starts to lose value, will Canada be there worst affected country since the US is the biggest trading partner?

Also, how much debt does Canada have compared to the US? I've read the Canada survived the great depression pretty well with only a dozen bank failures compared to over 600 on the US side, what do you think is the deal now?

Canada is much better off than the U.S. because our banks did not get caught up in the mortgage meltdown that occurred in the US. How ever there is currently a global recession going on which canada can not escape from. The US dollar will probably sell off making our exports to the US more expensive putting pressure on our economy.

Posted by admin in canada - Comments (2)
31 March

How can Canada protect its claimed northern lands and borders?

There seems to be more than just a gentleman's disagreement between countries in regard to the sovereignty of huge areas of the Arctic . If a powerful nation moves in and develops waters or basins considered Canada, what would canada do? Could canadians have the gall to ask the Yanks for help, after years of spitting at their southern 'neighbors'?

The canadian and US "disagreement" is only localized in certain social groups. The US's greatest trade ally is Canada and though, as with every country to another, there have been disputes, at the moment, we are working very well with Canada and Likewise. Also on a side not not from the source If you asked for help up north it would allow us to set up legalized bases at closer vantages to some northern non-allied countries like North Korea.

Posted by admin in canada - Comments (6)
27 March

What is Canada doing towards the foreign sale of water and diversion of water?

I would like to know what Canada is doing in the foreign sale of water, such as what they are selling, how much and too where. I would also like to know information about the diversion of water in Canada, websites and reports would be appreciated if they could be provided!

Thanks

The link is a case study on this very issue. Stopping water diversions from Canada to the US. I'll quote the start and attach the study as a link.

1. The Issue
canada is attempting to ban its massive exports of fresh water to its neighbors including the United States. Canada believes that water will become the most essential environmental source in the next century. The United States on the other hand, has always been refusing this ban that may harm other nations who lack such a vital source. Canada, as it holds a fifth of the world’s fresh water supply, fears to face a huge environmental problem if it carries on shipping a huge quantities of water to external nations.

Posted by admin in canada - Comments (1)
23 March

How does a Canadian business find an advertising broker in Canada?

I'm trying to find an advertising broker in canada. I want to advertise in canadian mags like loulou, flare, chatelaine, canadian living. I heard it's cheaper to do this through a broker - anyone know any companies that do that?

If you look in the front pages of most Canadian magazines, for instance Canadian Living Magazine it will give a complete breakdown of Departments and contact people for them, including sales and on line sales, etc. If you are interested in advertising in any particular magazine you should find out what companies they deal with. and contact them. I'm sure you could get the info you need from the magazine staff.

Posted by admin in canadian - Comments (3)
20 March

Big Boobs and Canada

Last time I gave my opinion, and now I want to know yours. Toronto info: www.youtube.com myspace.com twitter.com Check out youtube.com Links to Stories: Navy: tinyurl.com The IOC: tinyurl.com iPhone Guide: tinyurl.com AOL: tinyurl.com Bulletproof: tinyurl.com X-Files: tinyurl.com Elephant: tinyurl.com

Duration : 0:5:5

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18 March

Can a person with Canadian Permanent Resident live and travel between the US/Canada?

My wife is about to receive her Canadian PR in couple of months, and we are planning to move down and work in the Seattle area. I will probably have a work permit, but what about my wife's status? Is having a canadian PR enough for us to travel back and forth between Vancouver and Seattle, of which we'll most likely do?

I know that with a PR card you can travel to and from the US without much problems (make sure you have your passport with you just in case)… but that is only if it's purely for visiting. If she is planning on moving down to Seattle with you and finding a job… I think the best thing to do for her is to help her find a job before you guys move down. Therefore, the company that hires her can issue a working permit for her as well in the States. Or.. if she finds a job after the move, depending on the company, they should probably be able to do the same… but it may be a bit more difficult in terms of finding a job there and getting the company to do all the necessary documentation to keep her there.
Otherwise, if she is planning on moving down with you with no intentions of working as well.. the chances of her being able to stay for a long period of time may be kind of slim.

Posted by admin in canadian - Comments (4)
16 March

How can a canadian live in the states without losing thier canadian citizenship?

My boyfriend is canadian. He wants to live here in the states with me but hes very afraid of giving up his citizenship. Mainly his healthcare. Is there any way he can be with me and still be able to keep it?

He can keep his citizenship, that is not a problem he won't lose it.

But his health care is a different issue and that depends on the rules of the province that he is covered by, so he would have to check their rules. For Ontario, no he can't live in the US and be covered by OHIP. He can spend up to 180 days a year outside of the province and still be covered while he is in the province (and has proof of residence). He will have to pay for insurance to cover him while he is in the US.

Posted by admin in canadian - Comments (4)
10 March

What will happen to Canadian exchange rate under the following two situations?

The governor of the Bank of canada announces that he will reduce inflation with a new anti-inflation program. If the public believes him, predict what will happen to the canadian exchange rate.

AND

If expected inflation drops in Europe so that interest rates falls there, predict what will happen to the Canadian exchange rate.

The Consumer Price Index (CPI) tracked very closely the inflation experienced by seniors as a group between 1992 and 2004, according to a new study. This is important because the CPI is used to index old-age pensions.

During this 12-year span, seniors-only households experienced an average annual rate of inflation of 1.95%. This was only slightly higher than the rate of 1.84% for all other households, and 1.86% for all households combined.

The study examined the inflation rate experienced by households composed exclusively of seniors aged 65 and over, comparing them with all other Canadian households and the official CPI.

Starting in 1998, seniors did begin to encounter slightly higher price increases for certain items. As a result, a small gap did grow between inflation for seniors-only households and other households, which lasted until 2002.

The gap was due to price increases in items such as mortgage rates and some energy products, where trends in prices had changed since 1992. But it was not due to long-term trends in prices for items such as electronics and tuition.

Seniors tend to spend a different proportion of their budget on various items than do other households. However, price gains for many of these items also tend to offset each other.

The study also showed there are substantial variations in inflation between seniors from province to province, ranging from a low of 21.2% in Quebec to a high of 32.0% in Alberta. The national average was 24.4% during the 12-year period.

In addition, inflation rates for seniors varied depending on their household circumstances. For example, seniors who owned their own home had very different inflation rates than seniors who rented.

Senior households spend differently

Seniors may experience different rates of inflation because there are some fairly significant differences in spending patterns between them and other households

Seniors tend to spend proportionally less on transportation items, such as new cars and gasoline, according to the 2001 Survey of Household Spending

They also tend to spend a smaller proportion of their income on clothing and most types of entertainment, such as recreational vehicles and audio/visual equipment. And they spend proportionally less on alcohol and tobacco products

However, seniors spend proportionally more on travel and reading materials, utilities and rent and tenants’ expenses

For example, for every $100 of their expenditure budget, seniors on average spend $56 on food and shelter, including utilities, compared with only $45 among other households.

Recreational and sports equipment and services combined are the most important factors contributing to a slightly higher inflation for seniors-only households. They include such items as computers, audio/visual and photographic equipment, cable television subscriptions, travel and recreational vehicles

The impact on the CPI of electronic items is quite large and continuous, as their prices have fallen steadily over time. However, seniors have not benefited from these price decreases as much as younger households because they do not spend as much of their income on these items.

Seniors spend a relatively larger portion of their income on cable television subscriptions, a main item in the CPI’s recreation category. The price of cable TV has gone up steadily, increasing 75% between January 1992 and February 2004. As a result, the increases in the CPI experienced by seniors were again pushed higher

Home tenure was also an important factor in determining differences in inflation rates among seniors. For example, the national rate of inflation between January 1992 and February 2004 for seniors who were renters was only 22.7%, well below the pace of 28.1% among seniors who owned their homes.

Note to readers

The study on which this release is based does not provide an official measure of senior inflation, but an examination of the differences between seniors and Canadians in other age groups.

Results differ slightly from the official Consumer Price Index (CPI) due to such factors as mortgage interest and less detailed consumer baskets

The study has only examined inflation differences between seniors and all other households due to different spending patterns. However, inflation differences could also arise if seniors experience price movements different from other households for the same good or service

For example, if seniors tend to shop for clothes at a certain outlet while all other households tend to favour another outlet where prices moved differently, different inflation rates would be experienced by seniors compared to other households. Since there are no price data available by class of consumers, this study assumes that price changes are the same for all households

For the purposes of this study, individual household CPIs from January 1992 to January 2001 were calculated using the 1997 Survey of Household Spendin

Posted by admin in canadian - Comments (1)
1 March