Wrong. America is the 10th province.
"[quote="#1baller"]What this means in tha short term is that more Canadians will find the US a more attractive and affordable vacation destination creating a surge in cross border tourism and consumer spending.
The Canadians have had alot of economic issues over the last 10-15 years. Most recently they had the SARS issue and Bird flu. For a long time they were dependent on the strength of our dollar on world markets. Are we bout to witness the opposite?
This is a good and bad thing for the Canadians. For starters, if this surging dollar continues for a long time, it will eventually hurt their Automotive Industry which is one of their main sources of sustaining economic growth.[/quote]
SARS affected Toronto, almost exclusively, as opposed to Canada as a whole. And our economy has been pretty consistent the last 10-15 years. We took a bit of a hit after Desert Storm, but we've had a steady recovery, thanks in part to the Chretien government's trade initiatives. Primarily with China. And 9/11 was a boost to us.
Canada doesn't rely on the auto sector nearly as much as the U.S. Here we rely mostly on natural resources, timber, and farming. The airline industry is also key to growth, and ours suffered almost as much as the US did. Other than that, we're rollin'.
