Greed, porn and Canadian real estate

[DesertCat]

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Canada has more oil than Saudi Arabia. However it is locked in sandstone and expensive to extract. Current oil prices make extraction viable. Canada will soon enter the oil market in force. That means _billions_ of new foreign money into Canada. The Canadian dollar should rise accordingly, right? Yes I know it already has. But are we talking 10%? 20%? 30%? And over what time period?


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Don't you think there are more forces at work on the Canadian dollar than oil shale investment? Canada's annual output is $1 trillion, I'm guessing a net worth of close to $10 trillion. Oil shale investments might turn out to be only the size of a pimple.

Note that also Oil shale investments can be shut down quickly, as they were before, if oil prices decline. But if you really feel strongly about it, why invest so indirectly? Why not find attractively priced oil shale companies?