BIP.UN or TCL.A? Hard to compare infrastructure to packaging. Doesn't have a problem with infrastructure, but the dividend doesn't grow the way he'd like, and the dividend is actually a combination of capital and interest. He owns BAM.A in TFSAs. Instead of TCL.A, he owns CCL Industries because they have greater free cash flow and dividend growth, a safer and less volatile investment over time. He goes for quality companies rather than chasing yield.

None of their aerospace parts have caused any accidents since they were formed in 1970. A quality company with quality goods. Q4 sales were up. If they're able to growth profits and dividends, then you can let this company run for you. Caveat: it's expensive, so buying half a position is OK. Plus, if we get another correction, the small caps will be more volatile. Have to make sure you're in quality small cap stocks, and this is one.

Does have seasonality, it depend on when the farmers buy. Fall tends to be weaker, and then picks up in Q4. EBITDA since the merger has been going well. Potash prices have started to rise. But farmers have started using satellite imaging, so they don't need as much fertilizer as they used to. It's in his TFSAs, with consistent dividend growth over time. It's cyclical. Commodity price is holding steady and starting to rise, which will be beneficial. Yield is 3.7%. (Analysts’ price target is $82.52)

A foreign ADR like this one should be in your cash account, not your RRSP, so you can claim the withholding tax. BP had better performance last quarter. Total's been selling assets, so he's not a fan. The dividend isn't going up fast enough. His resource of choice is water, not oil. Price of oil is in a tug-of-war.

Has a AA credit rating, combined ratio is low at 88% (a profit of 12 cents on every dollar of premium coming in) so they have cash to play with. In their investment portfolio, it's been 100% fixed income so rising rates benefit them. Global warming has hurt them. Conservatively run. Dividend and book value rising nicely over time, and they're global.

Revenue growth up 7% last quarter. Interesting acquisition has brought them beyond payroll and into HR. Seeing higher earnings growth because of that. Trading at 20-25x earnings. Dividend's going up. Every time the Fed raises rates, PAYX makes a ton of free money by holding over the weekend before remitting.

In portfolios for clients who have European exposure. Abbott is a big competitor. CEO left, so the stock's taken a hit. Were on a growth spurt in last decades, but now it's the law of diminishing returns. In the right areas, and will do well as long as they stay focused. An opportunity to pick away at it.