Canadian stocks are emerging as a surprising safe haven for investors fleeing AI-induced selloffs in American markets. The Toronto Stock Exchange, dominated by heavy industries like banking and energy, offers stability against tech disruption. This trend, dubbed ‘HALO’ stocks, has seen Canadian markets outperform significantly, attracting substantial foreign investment as companies leverage AI for efficiency gains. Canadian stocks are emerging as a surprising safe haven for investors fleeing AI-induced selloffs in American markets. The Toronto Stock Exchange, dominated by heavy industries like banking and energy, offers stability against tech disruption. This trend, dubbed ‘HALO’ stocks, has seen Canadian markets outperform significantly, attracting substantial foreign investment as companies leverage AI for efficiency gains.
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