I have long favored owning Canadian stocks when attractive opportunities present themselves. The country is well positioned in several industries that are key to long-term global economic growth. And they also boast a banking oligopoly in the country that in many respects is managed more responsibly and prudently in comparison to their global peers. Given these favorable attributes, it is reasonable to consider whether an investment in Canadian stocks is a worthwhile strategy at the present time or if it is better to wait for better opportunities in the future.
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