The New Democratic Party will enjoy its historic surge to become Her Majesty’s Loyal Opposition, but Stephen Harper is on track to hold power once more. Investing in Canada remains a sure way to build wealth over the long term.
Keystone XL will connect Canadian oil sands and US Midwest crude to refineries on the Gulf Coast. The economic benefits are obvious and compelling.
Canadians will vote in a little more than two weeks. It seems a lead-pipe certainty that Stephen Harper will return to the prime ministership. The question is whether his Conservatives will win a majority.
If you build a plan around solid, high-dividend-paying businesses–and stick to it–building wealth is a matter of patience and fortitude.
Things aren’t pretty for one company that runs branded restaurants and another levered to tourism.
Every little drip counts when it comes to melting and extracting bitumen from the Canadian oil sands. A couple players are starting to do it better than others.
One makes the stuff that keeps farmers’ crops; the other gets finished food to market. Both are great building blocks for building wealth over the long term.
The best way to ensure against market volatility–normal and otherwise–is to build your portfolio on high-quality business capable of building wealth over the long term.
Market volatility can play to your advantage, if you’re armed with the proper strategy and focus on high-quality businesses.
The May 2 Canadian election is unlikely to result in a change in policy direction.
