Canada's in good shape more or less, but we have been feeling the effects from the US and will continue to feel it more as it worsens.
We are the US's biggest supplier of oil (something most Americans don't even know because all anyone ever talks about is middle-eastern oil dependence).
We also supply a lot of lumber to the US, but the real estate bust down there has cost us jobs in that industry. We've also lost jobs in the automotive sector (Ford, GM) while Toyota has created some jobs (thank you japan!)
Tourism from Americans is down thanks to our strong dollar and tighter budgets in US.
Housing is still good. My area is still a seller's market. We're not seeing crazy inflation where a house doubles in value, but we've had good returns (10% yearly). New home building has slowed as of this last year.
Banks and government seem to be fairly well controlled, but we're not immune to living like americans. We all watch the same shows, the same commercials, have many of the same chains, etc. We buy stuff we don't need. We use credit. While we didn't have "sub prime" mortgages here, and our bankruptcy laws still protect people, I think we've been just as lax with credit in recent years, expecially considering the big american companies are permitted to issue credit cards to Canadians (MBNA, Citigroup, etc).
Our government seems to work a little better. When parliament no longer "works", the PM can call an election, whereas you guys in US are stuck with a broken government until the 4 year interval is up.
In summary, we're doing well, but we're not immune. (If you've been watching world markets, no one is immune to US influence).