[gdevenyi]

Every province except Alberta is in dire financial states(Venezuela events will finish them off) . We have no gold reserves. In the next 5 years there will be a mortgage cliff for those who bought at the peak. Major Universities are about to be bankrupt.

Canada is going to get very poor soon. These social goods will be gone, and we will be worse for it.

[ChromaticPanic]

Is this the new "We're going to turn into Greece" scaremongering the Conservatives were slinging 15 years ago.

[jleyank]

They still have power, they still have food, they still have minerals and other stuff dug out of the ground. They still have water. Unless you think the world will cease being a consumer economy, they'll do ok. And Toronto and Vancouver can take all of the refugees from Silicon Valley when it implodes financially.