Poilievre’s all-Canadian portfolio is good politics, but an iffy investing strategy

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Conservative Party of Canada leader Pierre Poilievre speaks during a campaign rally in Quebec City, on March 26.Mathieu Belanger/Reuters

Pierre Poilievre has hopped aboard the patriotic investing bandwagon.

At a campaign stop in Quebec on Wednesday, the Conservative Leader said he recently repatriated his investments held in international stocks back to the Canadian market.

“I brought my money home to this country,” he said. “After President Trump began threatening our economy, I sold my investments in foreign economies and now I invest in Canadian stocks and Canadian companies.”

The same idea has struck lots of Canadian investors over the past couple of months. Holding U.S. stocks has suddenly become something of a moral dilemma.

Do you continue to invest in a country that is attacking your own? Or should you divest from America and recommit that money to Canadian companies, despite the personal costs…

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