RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Deal is now Done - way to go Alfred!!! PEA top pick for 2019teevee wrote: Canadian energy sector is now considered un investible until after the fall 2019 election. If another Trudeau majority, PEA is a dead duck.
Canada energy has been uninvestable for awhile...
But PEA isnt just Canadian Energy... Its infrastructure + one of the few plays who can say they are doing something that favours international energy exports for Canada. Trudeau wont publically support it but the new 1.6B loan fund PEA is trying to tap is a step in the right direction.. Unlocking trapped Canadian gas and employing 2000k east coasters should be a no-brainer for even a mildly intelligent PM.
The other thing is equity markets always look 1 year into the future. WTI prices are wiped out, differentials are finally coming down, Canada preps for traincar sales... Canadian energy may be the contrarian play of 2019 and alot of hedge funds are prepped for it.