God hearts Canada
Brazilians are doubtless right that God loves them. After all, look at their beaches, women, and just recently, a ginormous petroleum discovery. Even after taking away the beaches and women, though, Canada can still lay claim to being God's BFF (notwithstanding Celine Dion).
Canada has about 13% of the world's proven petroleum reserves, much of it locked up in tar sands. In addition, Canada is one of the world's most stable nations. Put those two facts together and you have potentially the happiest of nations. The price of oil may be around $55/bbl at the moment, but it is sure to rise again. Demand will grow, while supply will continue to be restricted.
Canada's tar sands won't give up up their oil easily, though. Extracting the oil promises to be an environmetally messy affair, so expect plenty of delay before our neighbors to the north begin large scale development of this resource.
Here is a helpful primer on oil sands. An easy to follow explanation of the Canadian tar sands (including current limitations on exploiting them) is here.