Canadians are not a people of excess. "Why did the Canadian cross the road? To get to the middle," they joke. Temperance served them well during the global financial crisis. While property bubbles burst from Miami to Malaga and governments bailed out the banks that had puffed them up, Canada's prudent financial institutions carried on, largely unaided by the taxpayer. Its economy recovered quickly, helped by higher prices for oil, one of its main exports.
展开▼
