I guess we're just fortunate that we had a Liberal government for all those years that the Americans were desperately trying to loot their economy for the sake of the rich. While they were setting up mortgages to people who had no business having mortgages, we had a Liberal government that wasn't letting that happen in Canada.
We did manage to get a Conservative government in 2006 and they did their best to completely ruin our economy, but it was too little too late. The subprime bubble was already bursting and, try as they might, Harper and Flaherty couldn't quite get us in to the disaster.
They did their best by creating 40-year, no-money-down mortgages, but they had to cancel that offering when it became obvious how disastrous the long term effects were.
But make no mistake about it. Leaving Conservatives in charge of our economy is a disaster. They'll sell everything off so they can give tax cuts to wealthy people. They'll run up massive, unnecessary debt.
And if they had their way, they'd have dumped our economy straight in to the drain to create huge, fake economic booms for the sake of their banking friends.