Warren Buffett says Berkshire Hathaway is looking at an investment in Canada
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Warren Buffett, the billionaire investor, announced that Berkshire Hathaway is considering an investment in Canada. Buffett has previously invested around $300 million in Home Capital Group, a troubled Canadian mortgage underwriter. He stated that Berkshire Hathaway does not expect to make significant investments outside the U.S., but Canada is an exception due to its similarity in operations with the U.S. Buffett did not disclose the specific company he is considering or whether it is public or private. The S&P/TSX Composite Index in Canada is up about 5% this year. The Berkshire Hathaway shareholder meeting is exclusively broadcast on CNBC.
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https://www.cnbc.com/2024/05/04/warren-buffett-says-berkshire-hathaway-is-looking-at-an-investment-in-canada.html