Is Canada recession-proof?

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Why is Canada doing so well, relatively speaking? In a word, commodities.

The Materials Index is an excellent indicator of what's happening with commodities as it covers the whole range of non-petroleum resources, including gold, silver, fertilizer, iron ore, base metals, coal, diamonds, uranium, platinum and forest products. This sector has been on a terrific run, up 133% in the past three years.

So continue to look closely at Canadian resource stocks, despite the recession fears in the U.S. If the IMF forecast is correct, their day in the sun is not over yet.

See http://www.financialpost.com/story.h...

Gr.