Another plus on the Canadian stocks is the dividends paid in loonies ( Canadian dollars) have appreciated along with the loonie from 10-15 % over the last six months.
EnCana: Outperforming Natural Gas Play With Much Potential Remaining [View article]
To further complicate the picture, factor in the stellar rise in the value of the Canadian Dollar and what effect that has had on most canadian energy plays. I suspect that alone has been responsible for increases in Canroy's (no EnCana is not a Canroy) net value that has brought many back to pre Hallowen massacre values.
Oil-Rich Canada Inspires Investor Confidence [View article]
EnCana: Outperforming Natural Gas Play With Much Potential Remaining [View article]