The Globe and Mail did a bit of investigative reporting and have come up with a sobering view of Canada's sub-prime exposure. Apparently we're no where near as well-off as we've been led to believe, and we have very few official tools to keep us apprised of the actual situation. What a blind-spot!
In light of Jon Stewart and The Daily Show's recent assault on CNBC's financial "reporting", this is a stellar example of the integral value of the fourth estate in keeping democracy and markets functioning properly by keeping public opinion informed with excellent research and challenging questions.
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