Comments on US Shorts? This is very heavily shorted, but she thinks by Canadians as well. They also Short the banks as well, but don’t have as much impact because of the size. Americans continue to believe the Canadian housing market is overvalued and will come to a crying end, and that they will make a lot of money.
If Hillary Clinton wins the election, she thinks pipelines will become more valuable, because it is not expected that she will he be approving any new pipelines. TransCanada has just made an acquisition in the US as there are not going to be that many new pipelines developed in Canada. 5-6 years down the road, those existing pipelines will be even more valuable. Dividend yield of 3.91%.