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Investment Prospects in the Great White North
Is Canada’s Resource-Oriented Economy a Good Bet?
Earlier this week we looked at America’s southern neighbor, but how about the one to the north? Canada is well known for having copious quantities of natural resources such as oil, gas, gold and other precious metals, a wide variety of base metals, and fresh water.
But Canada is also America’s largest trading partner, which means its economic fate is inextricably linked with ours. Can Canada’s stocks outperform their American counterparts during downturns?
A good bellwether is the S&P/TSX 60 Index, a compilation of the 60 largest companies on the Toronto Stock Exchange as measured by…
4Sep2008 | Oxbury Research | Comments Off | Continued
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