pipeline in canada

The economic trouble with Canada

Investing for Fun and Profit: It’s unwise to strictly shop Canadian, when shopping for stocks

It’s important to understand the Canadian market is largely financials, energy and mining, with a smattering of smaller tech companies and industrials. It’s impossible to build a diversified portfolio exclusively on Canadian stocks.




Despite my call for an official recession in Canada, I do think our stocks will perform better, with a gain of perhaps 10 per cent.

A spectacular 2024 defied predictions, again

Investing for Fun and Profit: Also, my amateur investor market outlook for 2025

The stock market was a happy place in 2024, with the U.S. S&P 500 delivering a 25 per cent total return, including dividends. Even the laggardly Canadian TSX joined the party with a total return of 21.6 per cent. How did my 2024 predictions turn out compared to the pros, and what do I see […] Read more


Closeup of Canadian 100 dollar bill on top of US one hundred dollar bill

Wish not for a weak Canadian dollar

Investing for Fun and Profit: Weak currency is symptomatic of weak investing confidence in a country

There exists what I believe is a very common misconception that a weak currency is good for the economy. Statements by news media and politicians often parrot this theme because on a short-term basis, exports become cheaper for foreign buyers and imports more expensive for domestic purchasers, theoretically enhancing domestic production. However, what’s missing in […] Read more



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Trump tariffs would weaken loonie, then U.S. dollar

Canadian government missing in action

With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.