- Joined
- Jul 9, 2006
- Messages
- 3,026
- Reaction score
- 26
Decent GDP but pretty small country Canada no? I'd rather bet on China or India or Japan myself.
Interesting comment and yes Canada is small population wise, but has a dynamo of an economy - we are sitting on the largest reserves of oil and gas in the world, have the best consumer of it right on our border and Canada has lead the G8 nations in growth for the past decade.
Chinese and Indians as compared to Japanese or Canadians don't have the same disposable incomes as we do. Canada - a nation of only 33 million spent $8 billion online in 2005 - 2006 was up but final stats not released yet. Total consumer spending was $762 billion for the same year.
Canada also has a much higher education level, more stable, the baddest kid on the block is our best friend and neighbour and the percentage of the population using the net is much higher than China or India - even if the total numbers may be smaller.
China and India are great longer term investments imo.