Does Canada give foreign aid to the US?

[etalns]

Just curious.

 

[Viper GTS]

Like we need (or want) it.

Viper GTS

 

[astroview]

why would they, don't weaker economies usually take from stronger ones?


EDIT: just saw the other thread, doh that guy is dumb

 

[MacGaven]

Hahaha Funny EHHHHHHHHHHHHHHHHHHHHHHHHHHHHH EHEHHHHHHHHHHHHHHHHHHH

ABOOOOOAAAAAT


ABOOOOOAAAAAT

US Foreign Policy

 

[dawks]

Originally posted by: astroview
why would they, don't weaker economies usually take from stronger ones?

Perhaps you meant Smaller from Larger.. While it is obvious the US economy is much larger, per capita, Canadas economy is much stronger then the US's right now. Just look at the dollar, we've gained almost 9 cents since christmas alone.

 

[Bignate603]

Originally posted by: DaZ

Originally posted by: astroview
why would they, don't weaker economies usually take from stronger ones?

Perhaps you meant Smaller from Larger.. While it is obvious the US economy is much larger, per capita, Canadas economy is much stronger then the US's right now. Just look at the dollar, we've gained almost 9 cents since christmas alone.

So many people are confused about how the strength of the dollar shows the health of the economy... Honestly it's better for manufacturing and things if the dollar is weak.

The dollar being strong is nice for consumers in the US because then they can buy more foriegn goods for their money. However, foriegn markets have to pay much more of their currency to buy American products. If the dollar is weak then while it's not as nice for consumers because their money on foriegn goods doesn't go as far (increasing the tendency to buy domestic goods because they now compare more favorably price-wise) the manufacturers can sell more to foriegn markets because they have to spend less of their currency to buy dollars to buy the goods.

Get my drift? If the dollar falls in value then we'll export more goods, boosting the economy. That doesn't seem like a BAD thing for the economy now does it?

It's all a balance.

 

[brigden]

Golden.

So many miss the joke...

 

[eakers]

omfg YOU MEAN AMERICAN IS A FIRST WORLD COUNTRY?

who'da thunk it?

 

[A5]

Originally posted by: brigden
Golden.

So many miss the joke...

Be better if it was, you know, funny.

 

[eakers]

this thread is a parody of another, just as stupid thread.

except that one is real

 

[sandorski]

Originally posted by: eakers
this thread is a parody of another, just as stupid thread.

except that one is real

Oh ok, missed that one.

That said(if I may offer a serious response), Canada has offered and given Aid on numerous occassions(9/11) being one such occassion), but it's usually in the form of Manpower Aid, that being special rescue units and the like and not famine relief.

 

[MacGaven]

Canadians,

Go back to exporting hot-women to the United States amd refrain from making inferior jokes about a vastly superior country.

 

[AndrewR]

No, they just serve as a transit country for international terrorists attempting to gain access to the U.S. and a repository for all the draft dodgers from this country.

On the good side, you can buy Wedgewood china rather cheaply up there.

 

[j@cko]

yes, canada aids us with brainpowers.......

 

[StageLeft]

While it is obvious the US economy is much larger, per capita, Canadas economy is much stronger then the US's right now

Aren't those conflicting statements? My mother tells me the same thing that "right now the canadian economy is doing better than the US economy". It's analagous to a very very strong guy who is having a bad day vs. a weak guy who is having a good day.

Just because Canada is "doing better" right now than the US - ie. US's current position historically speaking is not as good as Canada's current position compared to its history - doesn't mean that the Canadian one is doing better.

 

[Pepsi90919]

yes.

 

[Atlantean]

Why would we give foreign aid to a country that doesn't need it? Oh and I am not sure if we do, probably not.

 

[AndrewR]

Originally posted by: Skoorb

While it is obvious the US economy is much larger, per capita, Canadas economy is much stronger then the US's right now

Aren't those conflicting statements? My mother tells me the same thing that "right now the canadian economy is doing better than the US economy". It's analagous to a very very strong guy who is having a bad day vs. a weak guy who is having a good day.

Just because Canada is "doing better" right now than the US - ie. US's current position historically speaking is not as good as Canada's current position compared to its history - doesn't mean that the Canadian one is doing better.

Very true. The US has a GDP of somewhere over $10 trillion. Canada's GDP is approximately $923 billion, less than 1/10 the size. Per capita GDP is $36,300 in the U.S. and $29,400 in Canada, meaning that the US is more prosperous for its population. Canada also has a much higher unemployment rate, 7.6% versus 5.8% (in real terms, an additional 2% in the US populace would equate to 5.6 million people). These figures are from the CIA 2002 World Factbook.

There is no country in the world that can compare economically with the United States. Even Japan only has 1/3 of the GDP and even a lower per capita GDP than Canada (not to mention the lack of real growth and the moribound banking sector carrying billions in bad debt). When you look at the numbers, it's really quite astounding. Can anyone even grasp the idea of $10 trillion??

 

[sandorski]

Originally posted by: AndrewR

Originally posted by: Skoorb

While it is obvious the US economy is much larger, per capita, Canadas economy is much stronger then the US's right now

Aren't those conflicting statements? My mother tells me the same thing that "right now the canadian economy is doing better than the US economy". It's analagous to a very very strong guy who is having a bad day vs. a weak guy who is having a good day.

Just because Canada is "doing better" right now than the US - ie. US's current position historically speaking is not as good as Canada's current position compared to its history - doesn't mean that the Canadian one is doing better.

Very true. The US has a GDP of somewhere over $10 trillion. Canada's GDP is approximately $923 billion, less than 1/10 the size. Per capita GDP is $36,300 in the U.S. and $29,400 in Canada, meaning that the US is more prosperous for its population. Canada also has a much higher unemployment rate, 7.6% versus 5.8% (in real terms, an additional 2% in the US populace would equate to 5.6 million people). These figures are from the CIA 2002 World Factbook.

There is no country in the world that can compare economically with the United States. Even Japan only has 1/3 of the GDP and even a lower per capita GDP than Canada (not to mention the lack of real growth and the moribound banking sector carrying billions in bad debt). When you look at the numbers, it's really quite astounding. Can anyone even grasp the idea of $10 trillion??

Yes, it is true, per capita the US economy is larger then Canada's. However, over the last 3 years(may be longer) the trend has been in favour of Canada's economy. Canada's rate of GDP growth has been the highest of the G7's, Inflation has been lower than the US, Unemployment has been decreasing, the Federal government has maintained budget surpluses and has been paying down the National Debt, the Canadian $ has been gaining strength(more recently), Canada has had Trade Balance Surpluses for as long as I can remember(early 80's), and Canada has not yet slipped into Recession(since the early 90's. At this time the US's Economy per capita is larger, but if the trend continues Canada will catch up in that regard.