Today was a rough ride for stocks. We've reached a turning point in sentiment, that's for sure. The markets took out the lows. We're in the middle of a correction, just like in January. The lack of volatility has lulled some investors. We're not out of the woods yet. The TSX is down 8% YTD. Maybe we could rally by the end of 2018, but to recover that much is a tall order. He expects Canadian earnings, coming in early November, to be good. The US Midterms are in two weeks, a time which is usually good for American stocks. He thinks the Midterms are a wild card. Maybe the Democrats will win, though polls have been wrong. Canadian interest rates went up today. That's the right move. Unemployment is at historic lows and inflation is still contained. Low rates are not needed anymore.

Still confident with TD. It continues to trade at a premium to its peers due to its outsized presence in the States. It's one of three Canadian banks he owns and he's very happy to. 3.7% yield.

The Canadian banks are value creators. RY is the granddaddy of them all. Ignore the short-term pullbacks and consider 5 years or more. RY will eventually rise above $150. The banks always grow their dividends around 5-7% annually. RY is the leading capital markets business and commercial and personal bank in Canada as well as wealth management. They have a good U.S. business. If you bought this recently before the correction, just hold on.

The 10% dividend isn't safe. They bought WGL in 2016 and this expensive deal just closed. The market didn't like it. ALA now has a ton of debt and it's paying it down by spinning off the Canadian assets. The market gave it a giant yawn, so ALA had to lower the IPO price. He doesn't like the management. Look elsewhere for a stable divide

Deals in staples with inelastic demand, running stores in Alaska and remote northern Canada and isolated parts of the South Pacific and Caribbean selling food and general merchandise. These areas are so remote that there is no competition from e-commerce. These are natural monopolies, so NWC enjoys higher margins than a grocer. They're rebuilding their Caribbean stores after the 2017 hurricanes. (4.55% dividend yield, Analysts; Price Target $32.40)

Preferred  Enbridge  shares: If you're looking for a preferred energy stock that pays a big dividend, then look at this. The preferred share market is complicated, some being extremely interest rate sensitive. Others are called "rate resets" which temper the impact of rate increases. ENB preferreds will never go much above $25 (nor fall from it).

(Past Top Pick Oct. 18, 2017, Down 10%) They have a large presence in Latin America in a time when emerging markets are under pressure. But this is also a secular growth opportunity. It now lags the Canadian banks, but the laggard in one year often leads it the next.

Likes it. It's the biggest crop nutriens player in the world, specifically potash and nitrogens, segments which are improving rapidly, and phosphates less so. As a condition of their merger, $5 billion assets were sold and those may  be re-deployed into retail network expansion in South America like Brazil, a huge market. There's also $500 million in synergies to be captured which they are doing ahead of schedule. Expect dividend growth, acquisitions and share buybacks.