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10 reasons to love Canada's economy now

With so many skeptics out there calling for Canada’s housing market to collapse, lower oil prices putting a dent in economic growth prospects and critics pointing out our dangerously high household debt levels, at least one economist felt it was time to fight back.

It’s not quite the Pollyanna principle and Thanksgiving is long gone in Canada, but BMO Capital Markets chief economist Doug Porter says it’s time to express some gratitude for the Canadian economy as it is today.

“We’renot suggesting that there is an overarching tendency to focus on the negative in Canada,” Porter says in a note. “But let’s just say that the surprisingly powerful October jobs report was met with widespread skepticism, while its few flaws were bandied about freely.”

Despite the naysayers, from Porter's perspective, Canada has come a long way, especially given how quickly it bounced back from the 2008-09 global financial crisis.

“In fact,we may look back on current conditions as the good old days,” he writes. Take a look at the top 10 reasons to love Canada's economy now. By Brenda Bouw.