I am fascinated with what is going on in Europe right now and can't help but wonder what its effect on Canada will be.
If Greece leaves the Euro, collapses, etc., Spain might be next, possibly France, etc.
Besides the impact on imports/exports, does Canada have any money at risk if any of these countries defaults?
Perhaps through the IMF or World Bank, if Greece says "we will not honor our debts", does Canada have any funds on the table?
If so, shouldn't we withdraw them now, instead of continuing to put them at risk with a nation whose ability and intentions to repay debts are questionable?