Will the Obama administration be good for Canadian investors?

Energy security and protectionism policies will be key determinants
 
Jan. 21, 2009 - PRLog -- As Americans celebrate the anointment of their 21st century saviour, Barack Obama, investors in Canadian stocks may not want to rejoice just yet according to independent investor and personal finance author Gail P. Bebee. “Obama’s choice of Canada for his first foreign visit is a positive for the Canadian economy.  However, many senior members of Obama’s administration are proponents of action on climate change.  New regulations designed to control greenhouse gas emissions could put a real damper on Canadian energy companies, particularly the energy intensive oil sands producers.  Investors should closely track developments in U.S. energy policy as these will dictate the overall performance of the oil and gas heavy Toronto Stock Exchange.”  
Bebee adds that, although unlikely, Obama might reopen the North American Free Trade Agreement. This would rekindle protectionist sentiments, a major negative for the many Canadian companies exporting to the U.S.
Here are some Canadian stocks Bebee thinks might benefit from Obama administration policies:
•Canadian infrastructure companies (bricks and mortar and digital) serving the U.S.
•Alternative energy companies (solar panels, wind turbines etc.) ready to sell in the U.S.
•Oil and gas stocks, if energy security trumps the climate change lobbyists.  

For more information or to arrange an interview, please contact:
Gail Bebee
Personal finance speaker and author of No Hype - The Straight Goods on Investing Your Money
All the investing basics for Canadians from a savvy financial industry outsider
www.nohypeinvesting.com
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