Canadian Currents

The now year-old credit crunch has certainly stress tested the Canadian banks. But Canada’s banks now boast some of the highest valuations among Western financial services stocks, meaning they have solid currency--their stock--to use for acquisitions. As a group, the Big Six Canadian banks have a chance to emerge from the credit crunch as bigger, more global players. Read More

Canada's telecom industry is making waves, and there's still plenty of room for growth in this already mature market. And its ability to bounce back has kept wireless carriers and cable operators north of the border from any serious downturns during economic weakness in the US. Read More

Canada rebounded from negative GDP growth in the first quarter, posting a 0.4 percent increase for April. And its economy could prove surprisingly resilient in the face of the US slump, as long as global commodity prices remain robust. Read More

Canada's top lenders released less-than-impressive second quarter results and failed to meet analysts' estimates. Although the results were below expectations, the country's biggest banks aren't in any danger through 2008. In addition, Canada's low inflation rate is set to bolster domestic consumption and boost economic expansion into 2009. Read More

Even in this unsure market environment, Canada's economy remains fundamentally sound. It's backed by a solid balance sheet and abundant natural resources. In fact, our neighbors to the north rank among the world's top five producers of 14 mineral commodities, which account for nearly half of Canada's exports. Read More

The process that the North American Free Trade Agreement (NAFTA) established to settle investments disputes was designed to give investors faster, cheaper paths to quick resolutions. But it hasn't worked out the way it was intended. On average, it takes nearly three years to complete the process, but the end result is worth the effort. Read More

Despite the close ties between the US and Canada, the latter boasts economic characteristics structured to withstand US weakness. The question is whether these challenging market conditions are long term. Read More

Natural gas prices are showing signs of breaking out of nearly two-year trading range. The question is whether the recent price rise is sustainable. Read More

  • January 4, 2008

With most of its oil reserves in the form of oil sands, Canada now ranks second only to Saudi Arabia in terms of total oil reserves. Furthermore, oil sands continue to represent one of the only growing production resources in North America. Read More

Canada's natural bounty will help the country survive a US downturn, as it now ranks among the world's top five producers of mineral commodities. And as long as Chinese demand keeps commodity prices high, the Canadian economy and the loonie will stay aloft. Read More