Comments on: Why the recession is slightly less bad in Canada http://www.nuncscio.com/2009/02/19/why-the-recession-is-slightly-less-bad-in-canada/ Politics. Media. Culture. Now you know. Wed, 23 Nov 2011 17:34:05 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: graeme http://www.nuncscio.com/2009/02/19/why-the-recession-is-slightly-less-bad-in-canada/comment-page-1/#comment-10978 graeme Fri, 20 Feb 2009 15:23:10 +0000 http://www.nuncscio.com/?p=2404#comment-10978 I must admit to some ignorance on these numbers. I'm just going with the NYT's figures, and I haven't seen an up-to-date study from a Canadian source. Any light you could shed on this would be greatly appreciated. I must admit to some ignorance on these numbers. I’m just going with the NYT’s figures, and I haven’t seen an up-to-date study from a Canadian source. Any light you could shed on this would be greatly appreciated.

]]> By: James Bow http://www.nuncscio.com/2009/02/19/why-the-recession-is-slightly-less-bad-in-canada/comment-page-1/#comment-10977 James Bow Fri, 20 Feb 2009 14:42:34 +0000 http://www.nuncscio.com/?p=2404#comment-10977 Graeme, are we sure about the Canadian employment insurance figures? I'm getting some disputes as to whether it replaces 78% of our lost income. I know under maternity leave, the rate was around 55%. I did get closer to 75% when I was made redundant, but my wages were lower than the average Canadian's, I think, so I'm wondering if there's a cap-out. Graeme, are we sure about the Canadian employment insurance figures? I’m getting some disputes as to whether it replaces 78% of our lost income. I know under maternity leave, the rate was around 55%. I did get closer to 75% when I was made redundant, but my wages were lower than the average Canadian’s, I think, so I’m wondering if there’s a cap-out.

]]> By: GM http://www.nuncscio.com/2009/02/19/why-the-recession-is-slightly-less-bad-in-canada/comment-page-1/#comment-10974 GM Thu, 19 Feb 2009 20:28:20 +0000 http://www.nuncscio.com/?p=2404#comment-10974 The biggest thing is Canadian banks didn't buy into the mortgage derivative bundles. Those things proving valueless is what is killing many banks here in the US. There are other banks that are relatively fine in America, all because they avoided investing in air. Here's Harper talking a little about it in an interview with CNN: http://www.youtube.com/watch?v=3r-tHFxaEv8 The biggest thing is Canadian banks didn’t buy into the mortgage derivative bundles. Those things proving valueless is what is killing many banks here in the US. There are other banks that are relatively fine in America, all because they avoided investing in air.

Here’s Harper talking a little about it in an interview with CNN: http://www.youtube.com/watch?v=3r-tHFxaEv8

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