Hi folks! I'm young guy who has finally decided to go to college in either Australia or Canada with the intent of building a career there and becoming a productive, positive, and fully integrated citizen someday. I hope this post doesn't generate too many "F$%$ Off, We're full!" responses, but if it does, that's okay, too.
The biggest question I have in mind is what the future holds economically for both Canada and Australia. I have a few friends who came over to the US during the Yeltsin years and just hearing some of their stories of an empire in decline makes me want to get the heck out of the US before things get too bad over here.
Here's my back-of-the-envelope analysis on the two countries pros and cons:
Pros for both:
High HDI (Human Dev. Index)
Low GINI (Income inequality measure)
High Index of Economic Freedom ranking ( Australia #3, Canada #7)
Resource based economies with point systems for immigrant entry. (Unlike the USA)
Less corrupt than the US (or so it appears)
Better infrastructure than the US (Australia might have an edge here, I don't know.)
A better health care system
A more civil society (less crime, less people per capita in prisons.)
Australia Pros:
Climate
Mineral Resources
High Minimum Wage
Superannuation
Better social and cultural unity (Social Capital)
Low Gov't Debt
Generally more "can-do" culture (vis-a-vis Canada)
"Mateship"
Fun looking new sports to learn and new teams to support.
Physically closer to Asia/India. (Great for trips to other fun places!)
Three year undergrad.
Australia Cons:
Very high consumer debt(Housing bubble)
Internet filter
Cost of housing
Long term risk of "Finlandization" by China.
No North American Sports
Water shortage problems in the future?
Volatile Currency
Cost of living somewhat higher than Canada it seems.
Slow Internet
Climate could be adversely effected by global climate change
Canada Pros:
Huge Oil(Tar Sands) resources
Closer to Family
Lower cost of transport/running a car.
Lower housing cost
Low Housing Debt burden (no bubble)
Plenty of H2O
Faster Internet
Climate would be helped by global temperature rise
Canada Cons:
Not far enough away from America/Risk of being pulled down by US decline
Higher national (Gov't owed) debt
Less social cohesion (I think)
Crappy weather, cold.
Many cities in the north have a de-industrialized feel
Too PC
So that's my list of pros and cons for each place. I'd really welcome any input on the list and your opinions on which country you think will fare better in the next fifty years?