7 Canada Investments for 2011

As the U.S. dollar faces a weaker future thanks to overspending in Washington, the specter of inflation and overall economic stagnation, the Canadian Dollar should fare well. The oil, timber, metals and other commodities in Canada will only become more valuable if inflation does take off. What’s more, while the euro zone and the U.S. are still reeling from the depth of the financial crisis, Canada’s financial system and government spending have not been nearly as ugly. All that adds up to good things for the CurrencyShares Canadian Dollar Trust (NYSE: FXC) as a way to play the rising Canadian dollar in the months ahead.