Canada’s Healthy Economy “Tipping Pints” Right Now

While the U.S. is sinking in debt under a devalued dollar, the Canadian’s had a $14 billion budget surplus for 2007.

With that in mind, I had to laugh at this humorously flippant comment from one of Canada’s largest banks.

TD Bank Financial Group economists Craig Alexander and James Marple said, "Households have been spending almost like drunken sailors over the past couple of years, which provided critical support to the economy. The central question is whether consumers can keep tipping pints or whether a hangover is in store."-CBC