Good things come to those who hold.
Some people would say exactly the same of owning a house, that its better then cash. I think the main point was he didnt need or have time to keep it particularly
Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US
I think it was near parity at some point, because of the vast assets Canada has and not actually many people I think this tied to the oil price and maybe that oil pipeline being turned down didnt help either