Yo Canada

[JPatrick]

A question for our Northern friends.
How goes the election and what will the impact be on stocks?
I've been thinking it may be about time for the conservatives to take over for a little house cleaning which would provide a nice boost to your market.
That thought along with the oil story has lead me to pump up my FICDX over the past 3 weeks or so.  This fund (FICDX) has been a source of joy to me for several years and I'm hoping the next leg up will come from new guvmint and sand with oil in it.
What's your take??

 

[greenhm]

What's your take??

Sorry... but nothing will change

We canadians do not get overly excited about too many things. We already know that the elected party will not implement the promises made, so that's already been factored in the markets.

Oil is where its STILL at however!

 

[Howard]

I think you will see a continuing strength in the $ versus the greenback, I would not be surprised to see it break $0.90, could par or eevn a premium be far ahead, lots of ideas.

Harper(Conservatives/Republican) is more market friendly, kind of a better looking smarter younger Bush in some ways, however, he will not have a majority Governmnet and a coalition of the other parties will keep him in check.

I would stay with oils, BTE will soon be listed on NYSE, I have done 40% in a couple of months, Oil is where you want to be, Iran is a train wreck waiting to happen.


Oil will cross $100.

Canada has 4 national Parties Conservatives/republicans, Liberals/Democrats, NDP(Socialists), Bloc Quebecois, Seperatist Party from Quebec.

Senate is appointed, not elected, toothless house, remnant from Colonial days.

 

[JPatrick]

Well I kinda like your election outcome.. The market does also.  My Canada fund  up 1.40%,  only out done by my energy funds.
I may just have to give Howard a big hug next time I see him