Still Time to Play the Muskrat 'Hedge'

We all like to avoid risk.  Whether purchasing insurance, making an investment or constructing an RRSP, we employ strategies to reduce risk.  What we have engaged in, is called a ‘hedge’.

The word hedge is from Old English, hecg, originally any fence, living or artificial. The use of the word in the sense of "dodge, evade" is first recorded in the 1590s;[1] so, the idea is not new.

Like insurance against fire, a hedge can be a simple concept; your portfolio manager may employ more complicated schemes from using derivatives, swaps, options or futures.  Depending on the level of protection sought, a multitude of hedge strategies are available to help everyone sleep at night.     

Can a hedge strategy be employed to protect us from the risks of the Muskrat Falls Project?