... [Canadian] “Third Way” politics, or you can call it Statism Lite, or you can call it, as Marche does, hardheaded socialism (a term I really like). But the fact is: It’s what works in developed post-industrial economies — both in Canada and Scandinavia. ... fantastic news for Canadians. But it’s weird news for the Canadian conservatives. ...With a few facts and some common sense Andrew Coyne easily demolishes Kay’s "arguments":
... Add up a one-third drop in U.S. real estate, a 50% rise in oil prices and a 15% increase in the value of the Canadian dollar and it’s hardly surprising to find the financial position of Canadian households has improved, measured against the Americans. It would be astonishing if it hadn’t. But how exactly does this make the case for the comprehensive superiority of “the Canadian system,” let alone “hard-headed socialism”? ...Compared with Coyne, Kay is a light-weight. I know, that's not news.