Quote:
Originally Posted by sameboat
Obviously, my tendency on Canadian fundamentals is to be rather bearish
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Well Canada is bipolar. It's shaky in the east, but the fundamentals for western Canada are fundamentally bullish. With the most notable exception of natural gas, most resources are highly profitable today. Using new technologies, even the heavy oil sands, which are said to contain more oil than in all of Saudi Arabia, is quite profitable in the US$60-70 range, with an 86-cent loonie and especially with $4 nat gas.
