Random!

I <3 Canada

This post is a bit out of the ordinary but I was reading something today that made me fiercly proud to be Canadian.

-Vast reserves of oil and natural gas in the ground will some day make Canada the world’s largest supplier of fossil fuels to the world

-When the method of efficiently extracting the oil reserves from the Canadian oil sands is perfect…Canada will even match or surpass the likes of Saudi Arabia and become one of the richest nations on Earth…

-The world will continue to need our commodities; whether the aforementioned energy products, base metals, lumber, precious metals, water, power forthe likes of Quebec, grains from the prairies, and the list goes on.

-Canada is the only country in the G-8 that does not have a budget deficit; in fact in the past 10 years where the U.S. national debt has almost doubled to over $9 trillion, Canada has actually paid off over $92 billion on our soverign debt.

-Canada is going to become the lowest taxed regime corporately in the industrialized world, with federal income tax on businesses coming down to 15% in the next five years; an invitation for industries and corporations of the world to set up shop in our country.

-Canada is and will more so become the darling of the investment world. We have seen it burgeon since 2002 when the Canadian dollar started to turn from the record lows all the way up tp to this past month when we reach modern day record highs. That is the world knocking on our door to buy “us” and having to buy Canadian dollars to do so…

-Canada is safe geo-politically, has a stable government, and invites the world to our doorstep.

Who wants to take bets that our Canadian dollar will continue to slowly climb over the coming months and may one day in the coming years climb to as high as $1.30 US?   I say the odds are pretty damn good!

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