They've disappointed investors. Before, you bought a good utility with this, but then they spun it off with a lot of leverage. Some may question if the dividend is sustainable. He doesn't think it'll be immediately cut, but be careful with this one. Other utilities are safer.

The energy sector has had its problems, including Baytex. They have very good properties, but margins are thin given the oil price. For energy as a whole, you'll have to wait a long time to find value.

Likes it; one of the better companies in this space. They have the contracted cash flow going further to pay their dividend and finance growth. The sector has too much oil and not enough pipelines

It's done well recently. If there's a correction, this'll be a good place to be, with its dividend. If you own, hold. If you don't, look into it.

Usually in rough markets, there's a flight to gold, but that's not happening now. Goldcorp is one of the few in this sector he owns. It's a lower-cost producer with future growth. He holds only 3% gold.

Is Quebec a dangerous place to invest? National Bank is worth considering, which he doesn't own. But he owns CAE, very well-managed over the decades. They don't depend on the Quebec government. It's diversified very well. A solid hold for him.

(A Top Pick Oct 25/17, Down 6%) Still likes it. (Though, he prefers Manulife now with a lower multiple.) SLF is a good buy today than when he picked it. Lifecos will do well as interest rates rise.