For an enormous country and relatively few people, Canada has an abundance of alternative energy stocks. Take wind for example. There is Sea Breeze Power Corp, Canadian Hydro Developers, Boralex and Talisman.

And just over a week ago Creststreet Kettles Hill Windpower completed a CAD $40 m IPO creating yet another. In most of the developed world, erecting windfarms can run up against many hurdles; land constraints, planning permission, environmental impact and grid connection costs to remote locations.

Canada hardly has these problems at all. There's no shortage of land, planning permission is easy, the environmental impact is negligable and grid connection costs can be almost nothing if the plant is located next to one of their many hydro faciltiies.

So Canada's expansion in windpower has a long, long way to go.