"Some background for non-Canadians. Things here right now are not exactly peachy, much like in the rest of the world. (We’re better off to an extent because our banks weren’t allowed under Canadian law to take the Debt-Gambling Plunge of Death ™ that the rest of the world’s banks so eagerly performed. Interestingly, the reason for this is because under Paul Martin, the then-government-leading Liberal party decided it was a bad idea, despite intense lobbying from the banks and the Tories - including Stephen Harper - to remove those restrictive laws. Why nobody mentions this any more is something I do not quite understand.)"