The Globe and Mail attempts to identify firms exhibiting a strong positive correlation with the price of oil but not classified within the energy or materials sectors in its Wednesday edition. The Globe's guest columnist Ryan Gottschalk writes in the Number Cruncher column that these firms are expected to follow oil price movements. Instead of trying to predict where oil prices will be in the coming months, Mr. Gottschalk looks at stocks that lag movements in the price of oil and, based on past results, will trend in the same direction. Companies in the energy and materials sectors have expectedly high correlations with oil movements, so it is reasonable to remove them and instead focus on the more imperceptible relationships shared by other companies trading on the TSX. Companies with less than 10 years of historical pricing were excluded to provide a greater level of accuracy in the resulting output. Mr. Gottschalk says his picks will move directionally with the price of oil due to their specific indirect exposures. Non-resource stock correlated to crude are Boardwalk Real Estate Investment Trust, Finning International, Northland Power, Canadian REIT and Corus Entertainment.