By The Canadian Press
VANCOUVER - Former U.S. president Bill Clinton is praising Canada's banking system.
Clinton, who was in Vancouver yesterday to speak to a business group, says Canadians are very lucky to have a government and system that encourages one of the best banking communities in the world.
The two-term Democratic president says if Canada keeps it up, it will avoid the banking mess being experienced in the United States.
Clinton says U.S. and foreign bankers now will have to rely less on innovative financial products for profits than on old-fashioned lending to help produce goods and services.
Clinton's viewpoint got a quick endorsement from Public Safety Minister Stockwell Day, who was also at the event.
Day said Canadians should be reassured that one of the greatest U.S. presidents when it comes to economics thinks Canada is on the right track.
http://ca.news.yahoo.com/s/capress/0...tional/clinton