Cashing in on Canada: Four Ways to Profit – Big – From the World’s “Safest Economy”
August 04, 2010 at 06:00 AM EDT
Canada is more than just back bacon, maple syrup, and hardscrabble-mining claims. It's a leader in natural resources, precious metals, and such alternative-energy investments as oil sands. In fact, Canada right now boasts one of the world's most compelling targets for investors' hard-earned money. Consider that: Through 2008, Canada enjoyed 12 straight years of budget surpluses. Since the outset of the global financial crisis, not a single Canadian bank failed. Canada was the first G-7 nation to raise interest rates. And while Canada has already reaped the benefits of a full 10 years worth of a full-blown bull market in commodities, there are at least 10 years more to go. Added together, this points to a major potential payoff for those who invest in Canada right now. For the four best profit plays in the world's safest economy, please read on...