Stockhouse Movers & Shakers: Why the U.S. should have invaded Canada

Veteran stock picker Jeffrey Saut once told a Canadian newspaper that the U.S. picked the wrong country when it invaded Iraq. U.S. investment strategist Jeffrey Saut is a big fan of Canada and its natural resources. The Raymond James & Assoc. Senior vice-president, and chief economist is so fond of all things Canadian that he once told a Globe and Mail newspaper reporter that when the U.S. sent troops into Iraq back in 2003, it invaded the wrong country. “We should have invaded Canada,'' he said. Six years later, Saut was slightly taken aback when reminded of the comment. It was actually a tongue in cheek reference to Canada's developing oil sands in Alberta, and an investment thesis that aims to cash in on expectations of rising energy consumption after China joined the World Trade Organization in December, 2001. Continue reading at

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