Recently Canada has been one of our favorite countries to invest.
Aided by the cheap Canadian dollar, energy and resources will outperform, and select exporting manufacturing companies, entertainment and tourism will be highly profitable. Until then, be prepared to buy if/when there is any BLOOD in the (BAY) STREETS. We believe it will weather any upcoming economic storms relatively well. Until any correction (from south of its border) we continue to recommend caution as value is not everywhere.

Unlike previous years, we are now delighted to inform our Canadian friends and clients that the grass is finally greener at home! No more "The worst is yet to come" as in 1997 and 1998. In 2000-2002, Canada will be one of the better performing global markets.  The energy and the natural resource sectors have recovered. (I well remember the look in the Alberta Oil men's eyes when I told them last Winter that oil was going to surpass its 1998 highs (after forecasting it to first collapse after October 98 to multi-year lows.)  Gold reached our $325 target last October and is slated to go higher.  On a 2 year basis, even the Loonie will slightly outperform the US$.  So where to invest?

FOUR RECOMMENDATIONS:

1. Tech stars such as Nortel (NT), Corel (CORL) and ATI Technology (ATYT) are potential winners to watch.

2. Into the longer term (2002), energy, natural resource and precious metal stocks will outperform, e.g. Talisman (TLM), Inco (N) and ABX (Barrick Gold (ABX).

3. Canadian Real Estate or high yielding REITS are a logical choice.

4. Buy IHI (International Hi-Tech Industries) and STOX.COM for obvious reasons (they are both my clients).

For our recommended timing and best price for each purchase as well as 2001 price targets, Wall Street, Next Week subscribers should go to our premium channel post: AFUND CANADA 20.