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Socialist Canada's Economy the Envy of the World

Capitalism is working in the Canadian banking sector. Banks in Canada are all owned by private shareholders, not the government. That would be capitalism.

The government just sets rules for the marketplace. That would be regulation, not socialism.

I have no dog in this fight and could care less if Canada is socialist or fundamental pimento-ist...

However if the govt sets so many rules that the privately owned business can not make any decisions... then it is socialist... just with a softer side...
 
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