Posted by & filed under Company Analysis, Economic Analysis.

Description: Canada’s getting its mojo back. Prospects for the country turned a corner this week as OPEC put a floor under oil prices, Prime Minister Justin Trudeau approved two oil pipeline projects and economic data surprised to the upside, offering relief after two years of lackluster growth on crude’s rout.

Source: Bloomberg.com

Date: Dec 01, 2016

Link: https://www.bloomberg.com/news/articles/2016-12-01/it-s-all-good-for-canada-as-oil-rally-points-to-more-stock-gains

Questions for discussion:

  • What explains improving markets in Canada?
  • Which US industries are likely to benefit from this economic activity?
  • How should investors respond?

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