While some experts are cautioning that a Chinese economic downturn might hurt Canada’s energy industry at least one money manager remains bullish on investing in the industry.

Stu Morrow, executive director and Canadian investment strategist at Morgan Stanley Wealth Management Canada, told BNN Bloomberg in an a television interview Monday, that he forecasts Canada’s energy sector might be a buying target for foreign stock traders.

“We think longer term investors who are looking to get into Canada might want to pay attention,” Morrow added.

In a recent report, Morrow also pointed to Canadian mining as an attractive option.

Last week however another expert warned a downturn in China would hurt Canadian natural resources, given how much of the industry’s exports end up there.

“Commodity markets really hitch to China and the Chinese economy is reeling, it’s not getting better and it’s probably on the precipice of heading into a recession,” David Rosenberg, founder a president of Rosenberg Research said Thursday last week.

Despite this, foreign investment into Canadian energy and natural resources may not be deterred, Murrow argued. 

“The largest component of the TSX is natural resources and energy, so we do think there is an interesting starting point from a valuation perspective for those two sectors” he said.