Q: Hi 5i,
Given the recent announcement regarding Peladeau (sp.?) joining the PQ and the impending election, one might reasonably anticipate increased uncertainty re: the "Sovereignty Issue". In the event that this issue percolates to the forefront of Canada/Quebec politics over the next few years what, if any, stocks/sectors in the TSX would you see being the most impacted? The least (i.e. a defensive play on the issue)? Also, the dollar? I believe Peladeau's entry into the equation to be a potential game-changer for the sovereigntists and could cause some market turmoil. Just speculation; would love your insights on this issue from an investment perspective. Issue or non-issue?
Thanks,
Cheers,
Mike
Given the recent announcement regarding Peladeau (sp.?) joining the PQ and the impending election, one might reasonably anticipate increased uncertainty re: the "Sovereignty Issue". In the event that this issue percolates to the forefront of Canada/Quebec politics over the next few years what, if any, stocks/sectors in the TSX would you see being the most impacted? The least (i.e. a defensive play on the issue)? Also, the dollar? I believe Peladeau's entry into the equation to be a potential game-changer for the sovereigntists and could cause some market turmoil. Just speculation; would love your insights on this issue from an investment perspective. Issue or non-issue?
Thanks,
Cheers,
Mike