So, obviously I am somewhat relieved to see that Canada’s unfashionable and stodgy regulatory culture has meant a relatively healthy banking sector, at least for now… Though our heavy dependence on exports to the USA ties our economic fortunes to our southern neighbour anyway…
But I was thrown by this bit of back-handed praise from a British columnist:
So, yes, let’s hear it for Canada. For once. (Actually, given the number of Britons moving to the old dominions, we should class Canada as a great success story just as we do Australia.) [emphasis added]
I hadn’t realized that the Brits thought of us as inferior children of the Commonwealth. Is this a widespread perception?