another important factor is that Canada is a net exporter of natural goods (whose prices keep going up which helps our economy) and the US is a net importer of natural goods which again puts more strain on their economy. The US wants to limit the price of natural goods but the world is changing with emerging markets needing huge amounts of natural products. We have seen many products hit multi year highs and some have new highs. Good for Canada, bad for the US. Again. I think we will have a better indication of where things stands in 2 quarters from now and although I am not betting against the US, I am not betting on it either at this point.

Glorieux