Oil shocks shift wealth – here’s how investors should respond

The Globe and Mail
April 19, 2026.

Anwar Husain, Senior Investment Advisor at Richardson Wealth, notes that surging oil prices in the wake of the Iran conflict leave Canada both winning and losing, as wealth redistributes from one part of the economy to another.

He adds: “Oil shocks may be unpredictable, but your response doesn’t have to be. Investors have tools to protect their portfolios regardless of how long this price increase lasts.”

*Globe advisor subscription required.

Related articles

2026

The AI boom isn’t a replay of the dot-com bust

Anwar Husain explores the similarities and differences between today's AI-driven market rally and the dot-com boom of the late 1990s.

1 minute read

2026

The IPO Party Is Back. Just Don’t Forget the Hangover

August 1, 2026 - Lynn MacNeil writes about writes about the excitement surrounding the latest wave of mega-IPOs, including SpaceX, OpenAI and Anthropic. For investors,…

1 minute read

2026

This advisor found a book to co-purchase after leveraging her expertise in tax and estates

July 29, 2026 - Alysha Tse shares how and why she partnered with Chernick James Tse & Associates Wealth Counsel, as the practice prepared for…

1 minute read