Canadian Edge subscribers will be happy to know the Great White North’s economy continues to post impressive numbers. After the recent “risk-off” selloff, potential Canadian Edge subscribers should know the loonie has come well of near-term highs, setting up a buying opportunity.
Globalization, among other things, also means we have more opportunities than ever to invest in dividend-paying stocks backed by high-quality businesses.
The US economy is still growing, albeit at a sluggish pace, while Canada is once again adding jobs at an impressive pace.
New Hope Corp Ltd (ASX: NHC, OTC: NHPEF) announced last week that, after a series of informal inquiries, it will now conduct what amounts to an auction for its in-demand thermal coal assets.
The Canadian oil sands is one of the most important energy resources on Earth. Foreign investors–from outside North America–realize this and are likely to take advantage of depressed prices and snap up quality assets.
Australia is a mature economy surviving and thriving with on export model. It’s solid institutions support responsible exploitation of its resources. And Australia is great place for investors to build wealth over the long term.
Keystone XL is rapidly devolving into a rallying cry for those whose brand of activism would keep US unemployment near double digits and North America forever dependent on hostile regions for energy. Keystone XL is also a key project for TransCanada Corp (TSX: TRP, NYSE: TRP), a stock with solid prospects whether it gets built or not.
Neither a Great Recession nor historic flooding and devastating typhoons can take down the Australian investing story. It’s doubtful relatively weak levies proposed by absolutely shaky politicians will do so, either.
It’s a matter of simple mathematics: North America can’t afford to abandon development of the Canadian oil sands.
China’s demand for Australia’s stuff is only increasing. In another Special Edition of MLM, we take a look at how Australia is accommodating those needs, as well as those of other Asian nations.
