He thinks the Ontario election could cause some danger. This has been a political football for many years. There has been mismanagement of the hydro assets, which has resulted in dramatically higher rates over the past 12 years. Are you really buying a private company, when the government still owns over 40%. They have been attempting a US acquisition, which may face delay if there is a new government. Shareholders have a chance of being treated poorly following the election. An NDP government may look to purchase the privately held shares but would not likely re-purchase them at the issued price of $20.50 per share.

What is in it for the shareholders when the Canadian government is involved? Will they make Canada a friendly place to invest again? There is so much uncertainty, so he would not be considering this as an investment.

He does not own it, but he is watching closely with the recent pullback. It is extremely well run, but operates on thin margins. He would wait until after the Ontario election, because insurance rates can be a political football. It has a good long term future. (Analysts’ price target is $108 )

He has been watching this closely. It trades below book value, which has historically been a good buy signal. They have had some operational issues, but their input costs have been going down which should overall improve margins. Container board sales have not been as strong as hoped. The tissue industry is also somewhat oversupplied right now. Buying under $12 is a good area, where he thinks it would go back to $15 to $18.

He is a fan of this company and has recommended it in the past. It has not worked out to date. They have been paid out on some of their assets, yielding a return on investment over 40%. The key will be in how they redeploy the money. Management is doing a good job at getting the story out. He does not think the dividend is at risk if they can deploy the capital before year end. He considers it a speculative buy. Yield 10%.

He has other recommendations in this space. They have had several issues in the past, including weather reducing demand. They have a new CEO focused on new strategies. With a high dividend, most of the earnings are spoken for and the dividend could be at risk in the next year. Yield 10%.

He likes the insurance sector at this time. They are well diversified globally. They have a strong balance sheet with a large $7b excess capital position. Insurance companies tend to be more profitable when interest rates rise. Yield 3.6%. (Analysts’ price target is $57.92 )