by Michael Arbow, MBA
Partner, RSD Solutions Inc.
Today (July 1st) is Canada’s 144th birthday and I like many other Canadian’s and those who endorse what Canada represents will be celebrating across the world. We celebrate a great country that is currently and for the foreseeable future in a “sweet spot”; Canada has a stable government, banking and legal system which immigrants and investors love. As a country we are also lucky to have food, energy and fresh water all in quantities greater than our 33 million or so people can consume.
While we celebrate all those benefits; we are also celebrating up-side risk. John A MacDonald and his contemporaries, who created Canada, surely saw downside risk in creating a country as vast and under-populated as Canada was in the agrarian nineteenth century but they didn’t let this over-ride their belief in the benefits of one Dominion. By clinging to their convictions of the up-side risk, Canada was born and happily their vision continues to live on, grow and prosper.
Happy Birthday Canada and to our readers in Canada – have a great long weekend.
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