In part one of the reasons is the requirement that some Canadian funds are only allowed to invest in locally listed stocks. While that makes little financial sense, and has a whiff of protectionism about it, there is no denying that stocks listed on Canadian exchanges tend to have higher valuations. Why that has not yet been arbitraged out seems a little odd given the usual ability of the market to take advantage of pricing discrepancies.
HotCopper & The Market Online will be live From the Floor at the Mining News Select Conference and we want to bring the voice of our online audience to the show with us.