Why’s Canada so Uptight?

[outsider club logo header] Apr 02, 2024 By for the Outsider Club Why’s Canada so Uptight? It was maybe 10 years ago that my buddy and business partner Christian DeHaemer and I (along with a couple of other colleagues) were scheduled to speak at a Toronto investment conference. Four or 5 of us had a couple of cocktails and shared a few laughs on the plane ride. And we might have gotten a bit loud and we are opinionated.  Going through customs at the Toronto airport, I said to Hammer something about the flight being pretty entertaining when a guy walking past said “I wanted to punch you in the nose.” Well, I started laughing because I thought the guy was kidding — it never entered my mind that this was an actual threat. Hammer quickly shushed me, saying “Don’t, he’s serious, Canadians can be a little uptight.” I bet Greek Prime Minister Kyriakos Mitsotakis feels the same way after visiting Canada a week ago. Among other things, he was hoping to get a deal done for a supply of Canadian liquified natural gas (LNG) to help offset the lack of Russian natural gas for Greece and some of its neighbors. But Mitsotakis got the same answer that Japanese Prime Minister Kishida and German Chancellor Sholz got before him: nope. ----------------- From Our Trusted Partner ----------------- The World's First "$20 Trillion Drug?" One small biotech holds the key to a revolution in treating Alzheimer's disease. Jeff Bezos, Goldman Sachs & Big Pharma giants have invested billions into this unknown biotech. Our research proves that anyone who gets in today could see 113,000% gains! [Get the name of the stock here ]( ----------------------------------------------------------------------------- Canada is not interested in helping its allies with their energy needs. Prime Minister Trudeau said: there has “never been a strong business case” for LNG exports. Ummm…the business case for LNG seems to be working out pretty well for the U.S. (the biggest LNG exporter), and Australia and Qatar and Malaysia and Nigeria… I know Canada’s trying to be all eco-friendly. But turning down allies that have serious energy needs seems a little, well, uptight. I’d think that the opportunity to potentially offset some coal plants with LNG – which produces around half the emissions that you get from coal when creating electricity – would be an obvious win-win for the world… Plus, Canada can use hydroelectricity to liquefy and compress natural gas, meaning Canada’s LNG uses 25% less energy than U.S. LNG. The case for restricting Canadian LNG exports seems pretty weak. That’s probably why the share price for Canada’s biggest natural gas company, Enbridge (NYSE: ENB) looks like this: [Canada LNG problem editorial image 1] While the share price for one of the largest U.S. nat gas companies, Southwestern (NYSE: SWN) looks like this: [Canada LNG problem editorial image 2] Once again, it pays to just buy U.S. stocks.   Briton RyleChief Investment StrategistOutsider ClubX/Twitter:[(  Follow the Outsiders This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Outsider Club, Copyright © Osprey Financial Research LLC, 5004 Honeygo Center Drive Suite 102-202