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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (41189)	11/9/2003 9:54:48 PM
From: Snowshoe	Read Replies (1) \| Respond to of 74559

Jay, Canada has some problems marketing it's grain because of agriculture trade and subsidy issues with the U.S. Thus, increased demand from China for grain may be quite favorable to SWP. SWP has been negatively affected by drought on the Canadian prairies in recent years, but things have improved lately. The long-run effects of potential climate change may be outside your investment horizon, but are worth considering... Prairies Current models suggest that climate change could result in increased air temperatures and decreased soil moisture. There is less confidence about whether precipitation will increase or decrease or about how climate change may affect severe weather events. Most scenarios suggest that the semi-arid regions of the Prairies can expect an increase in the frequency and length of droughts. Some of the potential impacts of these changes include: Average potential crop yields could fall by 10-30 per cent, due to higher temperatures and lower soil moisture. However, higher temperatures could lengthen the growing season, and may increase crop production in northern regions where suitable soils exist. Increased demand for water pumping and summer cooling, due to drought, and decreased winter demand due to higher temperatures, could push electrical utilities into a summer peak load position at the same time as hydropower production is reduced by decreased water flow. This could result in increased thermal power production with an increase in fossil fuel consumption and greenhouse gas emissions. Semi-permanent and seasonal wetlands could dry up, leading to reduced production of waterfowl and other wildlife species. Canada Country Studies: A Window on Climate Change in Canada ec.gc.ca