I blog about exempt market investing in Canada. I tend to be hard on the traditional markets for what I believe to be good reason. The antiquated model has lost its ability to effectively connect the investor to the business (in my humble opinion). The exempt market simplifies this relationship by once again restoring the value that an investor brings to a firm. Sound simple? That's because it actually gets more complicated from there... (and I also blog about insurance on occasion)
Interesting infographic that displays Canada's rise in the oil production sector. Canada's economy is sure to prosper with the newly discovered oil sands, and North America will have security with purchasing oil. However, will the consequences outweigh the benefits? Will the oil sands cause so much pollution and harm to the environment that the oil production becomes valueless?
ReplyDeleteI think you are right on both counts. The big debate over the coming years (we hope) will be to become responsible for our economic output in relation to the environmental impact. Awareness has improved substantially in the last few years. I only hope that the two sides can be claborative rather than antagonistic - time is our greatest resource and the thought of wasting it only prolongs the current rate of harm.
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