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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Arrogant Canadians

Through no fault of their own, Canadian investors have completely recovered from the national Nortel-driven tech wreck. The Arrogant Worms gleefully sing that "Canada's Really Big" and it is made up of "Rocks and Trees".


Canada iShares (EWC)


Rocks and Trees

My country's bigger than most
And if asked i boast
'cause i'm really proud
So i shout it loud
Though our numbers are few
We will welcome you

Although we don't have history
Gold medal winning teams
Heroes or prisoners
World famous volcanoes
Still what we've got's glorious

'cause we've got
Rocks and trees
And trees and rocks
And rocks and trees
And trees and rocks
And rocks and trees
And trees and rocks
And rocks and trees
And trees and rocks
And water

We've done well by being selling rocks and trees. Water has been "off-limits" so far but we've got buckets of it.

Canada's watersheds contain about 9 percent of the world's renewable water resources and 20 percent of the world's total freshwater resources, including waters captured in glaciers and the polar icecaps.

...from STRATEGY LAUNCHED TO PROHIBIT THE BULK REMOVAL OF CANADIAN WATER, INCLUDING WATER FOR EXPORT



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