Most Anticipated Earnings: CVO-T, CFP-T and more Canadian Companies Reporting Earnings this Week (Jul 27-31)

Opinion about CLS-T: Large portion of an investor's portfolio. Take profits? Not trading cheap. A triple in the last year. He's a value investor. He can't explain or understand the multiple. It's for momentum-type traders. He wouldn't be involved here.

Opinion about GIB.A-T: Suspects it's just a lull in the business. Results were fine, very nice balance sheet. Great capital allocation. Always going to need consultants. Good time to look at it with its reasonable multiple. Sector's been hate-sold. Great acquirers. If AI implementation picks up, could be a good entry point.

Opinion about LSPD-T: Long-term base of support around $16-17, and seems stuck there. Just bounced off resistance. At this point, it's only a trend if there are higher highs and higher lows (or lower highs and lower lows). Until it starts one of those 2 patterns, it's in consolidation. Not showing any signs of a…

Opinion about CVO-T: Good job overall, well run. Exposed to some of the AI trends. Sizable competition for what they do. He's conservative on whether it can differentiate itself in the coming years. Must show it can get the big, multi-year contracts.

Opinion about T-T: Dividend will probably be cut, but it'll still be a nice dividend. Liked it at the start of the year, but some assumptions don't come to fruition. Uptick in wireless and less competitive landscape haven't happened. You have to ask yourself if you still like the stock? And he does. Look at the…

Opinion about LMN-X: Falls into the same software as CSU and TOI. Pendulum swings between hardware and software, and obviously right now it's over at hardware. Software will take a while to get back, and upcoming earnings from a couple of companies could lift all boats.

Opinion about TFII-T: (A Top Pick Sep 16/25, Up 42%) (Note the short timeframe.)  Organic improvements plus coming out of freight recession. He just sold his position to deploy proceeds elsewhere. (Industry's still improving, so perhaps he sold too early.)

Opinion about TIH-T: The market cycle model is essentially the business cycle with its 5 different phases. Phases 4 and 5 are the contraction phases, when you typically see the stock market coming under pressure. Phases 1, 2, and 3 are the expansion phases and they typically last a year. His team believes that last year…

Opinion about ECO-T: He is one of the largest shareholders in this. They now have 2 commercial mills up and running with their DuraBind products. They make the binding that goes into IKEA-like furniture. Not into IKEA yet, but there is a good chance they will be. IKEA has announced that they want all their…

Opinion about WRG-T: The company is very cheap in terms of price to book. Their book value was $4 at the end of June. However, they have a debt problem: $211 million of debt compared to an equity value of $369 million. He sees this as a takeover candidate especially now because he is seeing…

Opinion about GFL-T: It picks up garbage, municipal and business. Has a good long term business model with good cash flow. Its core business is doing well and it recently bought Secure which fits well, is accretive, and generates lots of cash. They own 70% of the market and have great management. There is lots…

Opinion about WFG-T: This one plays again into the market-cycle model. The 10-year chart is helpful -- we're in the "boring middle" of the market-cycle model. That's actually where the economy starts to strengthen. He believes rates will essentially be sideways, which should remove a headwind for homebuilders. Should make it more likely that we…

Opinion about CFP-T: Homebuilding stocks in the US have been going straight up, but Canadian forestry stocks have been going the other way. WFG has done the best in holding its share price.IFP and CFP have really started to bottom on the charts. He hasn't done enough digging to know who has a better earnings…

Opinion about AFN-T: Delays in reporting from Brazilian business, and it's significant enough that Q3 numbers can't be released. That's always a red flag. He stopped investing, as it's so dependent on the unpredictable agriculture cycle.

Opinion about XTC-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research For its fourth fiscal quarter, XTC matched EPS estimates of 20c. Revenue missed estimates of $160M coming in at $155.4M, declining 3% year-over-year. The company's outlook for next year calls for $750M in  revenue, $120M in EBITDA, and EPS of approximately $1.50.…

Opinion about DE.V: He was in on the IPO a few years ago. Wood-burning stoves is a large business for them, plus agriculture and some industrial.…

Opinion about DRT-T: Customized, prefabricated environmental office interior solutions. High net cash position. Significant upside because of their flexible business model. Surge in office reconfiguration taking place across North America. Top management. No dividend. (Analysts’ price target is $3.46)

Opinion about PPL-T: APO's 40% stake in the gas division. APO has pretty smart people, and they're seeing an opportunity here. Purchase was from KKR, so nothing much changes.As for PPL itself, trading a bit expensive with growth catalysts of 5-7%. Nice, visible project backlog. Nice dividend. Wouldn't add here, but you'll do OK if…

Opinion about BBD.B-T: Problem is it's so capital intensive with limited cash flow, but there is massive demand for airplanes. Keep watching it. Is doing well and are refocusing the company well.

Opinion about ARE-T: Reported last night, fantastic numbers. Doubled backlog to over $10B. Successfully brought down number of riskier fixed-price contracts. Variable-price contracts has led to more sustainable cashflow, earnings, and revenue. Multiple's really come up, but its predictable cashflow warrants it. He's adding. Yield is 1.61%. (Analysts’ price target is $47.68)

Opinion about BDGI.TO: Exceptional demand across NA, as infrastructure super-cycle starts to play out. Margins are expanding, and they should keep…

Opinion about HPS.A-T: Chart looks excellent, momentum is up and to the right. New highs today. Lots of volatility, especially around quarterly earnings. Recent earnings beat on EPS and revenue. Backlog grew 122% YOY.

Opinion about WTE-T: Lots of uncertainty in the space with proposed rail merger in US. May be hurt if volumes start to be diverted to other ports. Guesses it will probably be fine, but wait and see. Stock's been bouncing in a range. Decent dividend.

Opinion about MG-T: In 2021, they invested heavily in EV, but the demand didn't materialize. Since then, they've suffered that overhang, plus the impact of tariffs. But they fixed these problems with Chinese OEMs and have gained market share in smart door handles and driverless systems. Are gaining market share. Doing a great job.

Opinion about BLDP-T: Renewables at lower cost rates don't work; you need the subsidies. But what does work are large-scale hydrogren projected. Not sure about small-scale like Ballard.

Opinion about FAR-T: The drillers haven't participated as much during this mining boom. FAR is diversifying out of high-risk areas and junior miners. Shares have been cheap a long time. Is a take-out candidate. 

Opinion about SXP-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research EPS of 9c missed estimates of 17.5c; revenue of $72M missed estimates by 2%. EBITDA missed by 11%. SXP is down significantly over the last twelve months by ~42% and recent earnings pointed towards declining profits and revenues. Revenue fell $6M. Earnings…

Opinion about GEI-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Payout on earnings is 124%. On cash flow 57%. Debt is still very high, which adds risks, but we would not view the dividend as in jeopardy. The dividend was last raised in February. While we consider it OK for income, we…

Opinion about TPZ-T: Calgary-based energy infrastructure. Royalty assets plus gas infrastructure. Great management team, great assets, good capital allocation. Smaller, so it flies under the radar. Infrastructure spending in Canada is a tailwind for its business. Good long-term name. Yield is 4.35%.

Opinion about TVE-T: Doing extremely well, a great chart, benefiting from the oil price rally.

Opinion about CJ-T: Energy, including the oil juniors, have been doing very well. Support has moved to $10. As long as oil attracts interest, CJ will do well. Watch the oil price.

Opinion about PD-T: Heck of a rally, perhaps based on sanctioning of LNG Canada for next year. Achieved debt target, so pivoting to 50% return of capital to shareholders. Trades at about 20% FCF yield next year, buying back 10% of stock -- pretty compelling.Services stocks actually do well when trading at very high multiples…

Opinion about TCW-T: It provides energy services in Alberta as well as some in the U.S. He doesn't own energy services or exploration companies. Sticks to pipelines.This type of company does well when the sector does well.

Opinion about PSD-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Market cap is $180M, after a 61% gain this year so far. No analyst coverage. Dividend 1.96% with a 17% bump in April and semi-regular special dividends. Price/earnings 13X. No debt and $14M cash. Good cash flow. A big jump in last…

Opinion about CVE-T: Higher energy prices should trickle down to its bottom line. Cashflow should increase, should start to pay down debt. MEG is a great asset. Lots of respect for it.

Opinion about WCP-T: Hitting new highs. Great dividend. Very focused on returning capital to shareholders via dividends and share buybacks. Very strong cashflows. Higher energy prices go straight to the bottom line, so next few quarters should be even stronger.Ranks highly in his rankings.

Opinion about ATH-T: The high is around $8. It just broke above recent highs in the consolidation zone. Pretty important technical resistance is around $7. Likes it here, and doesn't mind buying at these levels. Positive, long-term trend on the 5-year chart. Awesome chart, especially given how choppy crude's been. Crude picking up would be an…

12 Buy, 4 Hold, 1 Sell — 17 expert ratings on SECURE Waste Infrastructure Corp. (SES.TO). Latest rating: HOLD (Jul 14, 2026) by Keith Richards.

Opinion about VET-T: (A Top Pick Jul 18/25, Up 72%) (Note the shortish timeframe.)  Hated last year, in the doghouse. Disciplined management team pulled it off. Largest holding in his O&G portfolio.

Opinion about SOIL-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research At less than 4X earnings, the stock is one of the cheapest within the sector (no dividend). The stock is down 21% YTD and 35% over one year. Debt is pretty high at 2X cash flow. Revenue has grown nicely, but earnings/cash…

Opinion about SGY-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research SGY is quite small at $510M, but the stock is very cheap. With a 10% dividend, a buyer (or privatization) could eliminate the dividend and use internal cash flow to pay for the whole company in about three years. But, that doesn't…

Opinion about SHLE-T: (A Top Pick Jan 15/25, Down 16%) They have long-term contracts with big energy companies. Their quarter was a little weak. They supply much-needed frack sand to oil companies. The new LNG project is increasing sand demand. Trades at a cheap 2x EBITDA. Will get bought out eventually. 

Opinion about CNQ-T: A bit rich? She trimmed on the big runup. Still one of the top O&G producers in Canada. Essential backbone of Canadian energy. Stands out on capital return. Raised dividend again. Compounded annual growth of 20%. Ranks 9/10 on value.Energy will still be one of the top performers for 2026. If oil…

Opinion about TRP-T: Dropped $6 in last 5 days. Possible deal with Iran caused similar price action across the whole complex. The whole space was at a high. Both an oil play and an energy infrastructure play. Project backlog of $8B (with ~90% sanctioned, and another $12B being discussed) looks very visible. Great company. Trades at…

Opinion about ALA-T: Perfect HALO stock. Wonderful US East Coast assets, wonderful Canadian West Coast assets. Strong midstream operations in the middle feed both. Gas is the backup data source for data centres if electricity goes out. Yield is 2.71%. (Analysts’ price target is $49.91)

Opinion about BTE-T: Suspects there will be volatility. We're seeing it in the oil price depending on which tweet comes out. The floor for oil prices is higher on the back of the conflict, perhaps around $80 -- geopolitical premium, reservoir damage, production lost, need to refill inventory.This company has torque to that. If you…

Opinion about AAV-T: Top Canadian nat gas company today? He'd choose this one for upside torque, if you think that nat gas prices are going straight up from here. But doesn't pay a dividend. Not as safe as TOU.

Opinion about OBE-T: Somewhat contentious CEO. Fairly good well results. Market cap is so small as to be beyond irrelevant for almost all institutional investors. Better names to own.

Opinion about ENB-T: He's a buyer over time, wouldn't rush in today. Doesn't benefit directly from energy  exposure, more of an energy proxy. Too late for a tactical buy right now. Price has gone up on oil, but nothing with the company has really changed.

Opinion about IMO-T: The question was where to put one-third of the proceeds in this stock. Imperial Oil hasn't moved as fast as others in the sector. It is a high quality company but you could take 25 to 50 % in profits if overweight and move to materials or US financials. Buy them on…

Opinion about ARX-T: Where to put proceeds for similar exposure? Simplest approach is to redeploy capital into one of the stronger energy holdings such as CNQ. Or put your $$ into an ETF like XEG for diversified exposure. Her team often parks money in a parking spot like this as they do their due diligence on…

Opinion about PXT-T: It remains a value trap and doesn't see this changing. A Colombian strike took production offline. Management faces other troubles, like exploration risk. 

Opinion about FCR.UN-T: (A Top Pick Mar 31/25, Up 48%) (Recently announced takeover.)  The 25th takeover in his fund. If you buy at a discount, you never know when that gap will close up higher. Expects more M&A in the sector.

Opinion about GWO-T: It is a very solid company and has reliably increased its dividend rate. There are pauses in price trends right now which makes it a buying opportunity. It is interest rate sensitive and pays a dividend of a little over 4%. He doesn't think that if interest rates go up they won't…

Opinion about IFC-T: In his firm's Dividend Growers mandate. Biggest P&C in Canada, also specialty insurance internationally. Likes the valuation on this pullback. Meets or exceeds its goal to grow operating EPS by 10%, trading at 15-16x PE. Good combination of value and growth. Vertical M&A strategy in a fragmented space.

Opinion about BEI.UN-T: (A Top Pick Mar 31/25, Up 3%) Stock's moved up and down. Still likes that 75% of portfolio is not subject to rent control. National population growth declined, but it increased in the space that BEI.UN operates in. Taking advantage of its implied cap rate and buying back stock.

Opinion about AP.UN-T: Investor paid $10, and while it may not get back to $30, it's surely worth more than $10? Challenging story, balance sheet pressure. Question is were moves taken enough to right the ship? Answer is out of management's hands. Needs to sell assets to get leverage back to manageable levels (and investment-grade…

Opinion about MEQ-T: Excellent company that is founder led (lots of skin in the game). Expecting shortage of affordable housing to be very good for business. Ability o acquire new properties, and fix them up is very good. Rising population without rent control is good for profit margins. Zero equity raises since original IPO is…

Opinion about MRG.UN-T: Apartments on both sides of the border. Always trades at wide discount to NAV, a good starting point when you invest. Nice portfolio. Keep holding if you own, but better ideas out there. Nice distribution of 5.5%.

Opinion about IGM-T: (A Top Pick Mar 06/25, Up 43.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with IGM has triggered its stop at $63.  To remain disciplined, we recommend covering the position at this time.  When combined with previous guidance, this will result in a net investment gain of 63%.  

Opinion about ACO.X-T: The part of the business he's familiar with is modular housing (which is also portable), and he's very bullish on that. That business is booming. Will benefit from Canada Builds Homes and infrastructure initiatives.

Opinion about PMZ.UN-T: His pick in the space. Challenging sector due to trade plus interest rates. Attractive valuation. Monetizing its real estate portfolio. Gets to put old Hudson's Bay square footage on the market.

Opinion about TF-T: In Canada, banking really dominates. There are some opportunities, and he does own some non-bank financials (like SII and MFC). This one has gone down for 5 years. At some point, will have a turnaround -- probably. Unless you know this company really well, consider buying into the financial services company that…

Opinion about MRT.UN-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Trading at high discount to NAV. Significant cash retention compared to peers. Diversified cash flow streams. Bid competition to slow acquisition growth.

Opinion about LFE-T: This is a seasonal period when Lifecos in general tend to do well. This is a special vehicle where they buy a lifeco, split it up and give the capital appreciation to one half, and the dividend to the other half. Dividend yield of 19% is extremely high, and he is having…

Opinion about POW-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research It is hard to ignore the strong momentum shares of POW have had. Trading at 11X forward earnings with results that continue to look strong, we would be fine with owning the name. Even if it starts to level out from here,…

Opinion about FFH-T: A more stable franchise than in the past. Well managed, business as usual. No reason to sell, but not the most obvious buying opportunity either. New $$ should go to blue chips sitting at bigger discounts today.

Opinion about X-T: It owns the Montreal exchange, other trading platforms and the software that supports them. It has a unique position in the financial industry. He considers it not a trading platform but a toll road. It made a recent acquisition of CBOE Canada and Australia. CBOE Canada is the only alternative trading platform…

Opinion about DFY-T: P&C insurance, rather than the life insurance of MFC or SLF. Great performer over last 3 years, with its strategy to acquire smaller insurance companies. Good 5-year outlook. Bit expensive at 19.4x PE. Has sometimes been in the 14-16x PE range, and that's a better long-term entry point.Start a position now, and…

Opinion about CIGI-T: Everyone knows it for its real estate business. Based in Toronto, but global. Asset management business south of the border, but it's not commercial real estate. Its third arm is engineering services. Buying lots of smaller engineering companies. This division looking to double revenue in next 5 years. Management's great. Believes CEO just purchased…

Opinion about FIH.U-T: One of his highest-conviction investment ideas. Trades at a discount to NAV. A stock to buy for the next decade. India is the largest democracy on the planet, very young demographic, fast-growing economy. Lots of pro-growth and pro-business reforms happening. Portfolio of $3.5B worth of different investments, both public and private. Crown jewel…

Opinion about TSU-T: Specialty insurance, with a good presence in Canada (about 30% market share). Growing aggressively in US. He sees tremendous growth for surety and property insurance in the US. A high-ROE business. Growing its book value per share at a very high rate, and he expects this to continue. Sitting on a big cash…

Opinion about REAL-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research REAL is in recovery mode; it has a solid Q2 with a 27% 'beat' on earnings. It also has good positive leverage to lower interest rates (now occurring) and the real estate market. Earnings in the next two years will still be…

Opinion about D.UN.TO: Very concentrated portfolio in downtown Toronto, catering to smaller users. A call on the office market recovery, and the…

Opinion about CG-T: Interesting projects -- one in Canada, and one in Turkiye. Ranks fairly well in his process. The challenge is that there are so many gold companies right now that rank really well, many of them rank just a bit higher than this name.Looks as though the move in gold can continue. That…

Opinion about AEM-T: Doesn't like miners as an investment -- not a good enough business that delivers high enough ROIC. ABX and AEM are the top 2 gold companies in Canada. He'd lean more toward AEM.Only reason to buy is if you have a firm belief that gold prices are going a lot higher, but…

Opinion about K-T: A name he likes. Cautiously optimistic that current political environment is better for developing the resource industry. With pressure on currencies, sees pricing for all commodities in USD continue fairly strong.

Opinion about AGI-T: Good play. Reasonable at 15x PE for 2026. Exploration results really good. Lots of irons in the fire. Seeing resource and reserve growth.

Opinion about IVN-T: He's a very large shareholder going back many years, and the stock's treated him very well. You need to be able to take some political and operational risk. Seismic event and subsequent flooding in its primary asset. Flooding has been handled, but it'll be 6 months before the seismic event is understood.Meanwhile,…

Opinion about HBM-T: Whole base metals space does well over 5 years, though perhaps poorly over 6 months. Dearth of Tier 1 deposits, whole bunch of Tier 2 deposits. For him Tier 1 means world-scale size and top quartile on ROIC, but bottom quartile on costs. Likes its built-in growth and renewed focus in Arizona,…

Opinion about ARIS.TO: Recently bought shares - fond of management team. Hoping for repeat success in Colombia. Trading at 50% of NAV. Geopolitical…

Opinion about EDR-T: A good name, but risky at the moment after the huge runup. Will maintain its high valuation.

Opinion about ARG-T: Has spiked, more room to go. Very large copper resources, with access to the tailings of one of the great copper mines in the world. They'll be able to produce at current levels for decades, and they really don't have to explore. Its tailings processing capabilities are very highly regarded. Believes it's in…

Opinion about ASTL-T: (A Top Pick Feb 09/23, Up 12.5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ASTL is progressing well.  We recommend trailing up the stop at this time to $9.50.

Opinion about URC-T: Wonderful management team. Cashflow is like writing a blank cheque. Right now, hard to value because its cash is undeployed. In the next 2.5 years, investors will do well on the warrants because they will have taken on a lot of speculative risk and endured a lot of volatility.

Opinion about AZM-X: Azimut (AZM-X) and Eastmain (ER-T) just announced some results if you are interested in the Eleonor, James Bay region.

Opinion about KG-X: He is using as a proxy for sole risk exploration. Run by good people. He is not really a believer in sole risk exploration as the odds are really stacked against you.

Opinion about EDV-T: Owns shares in company. Troubled by CEO replacement, however assets in West Ghana are valuable. Will continue to hold. Has lots of value in company. 

Opinion about ELD-T: (A Top Pick Dec 13/22, Up 19.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ELD has triggered its stop at $13.50.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 19%, when combined with our previous recommendations.  

Opinion about AG-N: More potential upside to get to old highs of ~$23-25. It could get there before it sees any real trouble. If it's 10% in  your portfolio, he'd trim big-time. So it's more of a judgement call than a technical one at this point.

Opinion about CS-T: Billy Kawasaki’s Insights - Billy's most-liked answers from 5i Research. The production guidance was disappointing, but they're comfortable waiting for the complete financials on March 2nd. EPS is still projected to more than double this year, which along with sector dynamics maintains their interest. Given the uncertainty, they would shift the rating…

Opinion about CIA-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research EPS came in at $0.24 beating estimates of $0.20. Revenue came in at $506.89M beating forecasts of $486.08M and displayed growth of 31% year-over-year. Profit more than doubled on a year-over-year basis coming in at $126.46M. The board approved the company's $470.7-million…

Opinion about BDI-T: Big fleet of mobile units. Doesn't require incremental capital. Benefits from nation-building projects will be highly profitable. Expects whole industry to tighten with all the Canada Build projects coming up, which will lead to much better pricing. Already generates lots of FCF. Top-notch management. High insider ownership. Still trying to get exposure to…

Opinion about LI-X: The company and lithium has got over hyped. The world is awash with lithium. We are short of processing capabilities. This is not the best capital allocator either.

Opinion about CCO-T: He owns some bonds, but hasn't pulled the trigger on the equity. Disconnect between a 10-year horizon for contracts and the current spot price for uranium. Spot price won't be showing up in the profitability.If you've made money, well done. Remember that commodities tend to overshoot in either direction. Don't add at…

Opinion about AFM.V: Owns shares in company - great long term hold. Lowest cost producer of Tin on the entire planet. Congo very hard to produce with…

Opinion about WRN-T: It has a great management team and the Yukon is a friendly place to develop. Infrastructure is the issue. Smaller mining operations can deal with this, but lack of power and transportation are challenging. Where copper prices are, this is still too levered -- you need copper prices to go higher.

Opinion about CU-T: He owns and would add to his holdings. There has been a nice uptrend with a bit of a pause, and a good dividend. It could weather a storm and if we see 2022 again, stocks like these as part of a basket have performed fairly well.Buy 1  Hold 6  Sell 1…

Opinion about CPX-T: Utility sector is starting to slowly matter again. Getting attention because power demand is growing, especially in US with AI and data centres.She invests selectively in the space, and this is a name to own.

Opinion about BIP.UN-T: What happens to the withholding tax? If you have any withholding tax in a cash (taxable) account, because the structure is set up not in Canada, you should be able to claim it back on your tax return. So it's better to have in a taxable account than in a TFSA or…

Opinion about BLX-T: Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In a volatile market, anything is possible. However, they still like it. The cash flow is stable and the growth potential may attract interest in a choppy backdrop. Unlock Premium - Try 5i Free

Opinion about PIF-T: (A Top Pick Aug 31/23, Down 6%) Company very cheap at current share price. Small company that institutions wont look at. Reliable revenues that translate into cash flow. Will continue to hold. Dividend very safe and reliable. New project pipeline very strong. 

Opinion about FTS-T: One of the largest regulated gas and electric utilities in NA. Q4 earnings beat by ~6%, revenue up 11% YOY. Massive $26B capital plan through 2029 to grow rate base by 6.5% compounding. Not exciting, but reliable.Dividend of 2.3% still solid, grows each year. Bond proxy, not growth story. 22x forward PE…

Opinion about BEP.UN-T: A good name to tap into powering the grid, electrification, and so on. Contracted cashflows, able to recycle capital into new projects in a world that's looking for more wattage.

Opinion about TA-T: For a retiree? Yield is 1.5%, quite low, so it means the dividend is relatively secure. Demand for more power, especially in Alberta, means it has a number of projects on the go and footprint will expand. Not a bad quasi-utility to have a stake in, but current price may not be best…

Opinion about BHC-T: Kudos to the new executive at delevering and cleaning things up. Inexpensive valuation. Still a lot of debt. A turnaround story. 3% of your portfolio is a bit heavy. Add some diversity. Had a great move. Be cautious.

Opinion about CRRX-T: (A Top Pick Nov 09/21, Down 51%) The largest provider of pharmaceutical services in Canada. Growing organically and by acquisition. Has higher labour costs - margins should be compressed short term but not longer term. Good management.

Opinion about L-T: Grocers are under a lot of pressure due to perception of gouging, though inflation and increased energy costs are factors as well. His preference in the space -- the Energizer Bunny that just keeps going and going. Dominant player, great economies of scale.

Opinion about GIL-T: Interesting. Very well run. Just bought Hanes, which wasn't well run; big opportunity to stamp it with the GIL management. His retail choice in Canada.

Opinion about TOY-T: A definite series of lower highs and lower lows. Continues to languish, downtrend remains in place. Value trap. Unless something changes, just avoid. So many other good places to put your $$ to work.

Opinion about GOOS-T: Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Overall likes the stock. The Japan deal to expand their relationship with Sazaby is positive. The joint venture should generate total revenues of 60-65M CAD in Fiscal 2023. Good prospects in a recovery world. China’s growth could be a headwind, since it…

Opinion about TVA.B-T: Probably the cheapest broadcaster in North America. Controlled indirectly by Quebecor (QBR.A-T). Largest broadcaster with the largest market share in Québec. Very neglected stock. Doesn’t pay a dividend. Trading at under 5X EBITDA versus the group trading at 9-10 times. Conventional TV assets are in slight decline as are most conventional TV…

Opinion about WN-T: WN-T vs. L-T This sector is just not loved right now. Investors just aren't looking at these kinds of stocks right now. Their costs have been moving up but people aren't eating more. Their sweet spot is late April until late May. L-T could be okay so he would hold on to…

Opinion about BPF.UN-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research BPF.UN is a small company, and may not be a 'blue chip' large company such as FTS. However, it just raised its distribution, is cheap, pays a 6.57% yield and has good management. We would be OK owning it for a small…