Investing comes with risk. This article is a general discussion of the merits and risks associated with these ETFs, not a specific recommendation. Speak to an investment professional and make sure your portfolio is diversified. Tim Nash owns shares of PZD and EVX. Tim does not own shares of the other ETFs or companies mentioned in this article.

For Canadians who made the RRSP deadline this year, the question now becomes "How should I invest my rebate?"

Here are 3 smart strategies that are both RRSP and TFSA eligible to enhance your portfolio and invest in companies that are good for the environment:

Investing comes with risk. This article is a general discussion of the merits and risks associated with these ETFs, not a specific recommendation. Speak to an investment professional and make sure your portfolio is diversified. Tim Nash owns shares of PZD. Tim does not own shares of the other ETF mentioned in this article.

An article in today’s Globe & Mail describes the recent woes of oil sands investors.  High labour costs, regional markets, and pipeline protests are all spelling trouble for companies that have been expanding at rates that are hardly sustainable (by any definition of the word). And the article doesn’t even mention China’s new carbon tax that could change the geopolitical game on climate change.