Review of FirstService Corp

SEP 11, 2025 - FSV's business model is highly sticky and durable over time. Customers tend to have long-duration contracts with FSV that allow them to have strong and sustainable organic growth. FSV is a high quality dividend growth name in the making with a solid track record of sustained dividend growth. For instance, the most recent dividend increase in 2024 marks the tenth consecutive year of a dividend hike of at least 10%. FSV also runs a moderately leveraged but conservative balance sheet. FSV has a proven business model with a track record of consistent growth and solid shareholder returns over the last 30 years, and the company continues to execute well amid a challenging macro environment. We are upgrading our rating by one notch to ‘A-‘.

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Q: My son (23) has 9000$ to invest in his first TFSA (he already has a FHSA account that is maxed out). He wants to open a TFSA investing account. Do you have a recommendation for how he breaks up the 9000.00 (ie. 3 stocks)? Are there any sectors that he should focus on at first? Do any particular stocks jump out at you as suitable for this kind or foray into the market?

Thanks in advance
Sue

Read Answer Asked by Susan on September 11, 2025

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Q: Seeking your view on FSV valuation and momentum prospects for next 18 to 36 months.

Read Answer Asked by William Ross on September 09, 2025

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Q: For a 5-10 year hold within a TFSA could you please provide your top 10 Canadian stocks or CDR’s ranked by total return/compounding potential? For a non-registered account with a 3-5 year timeframe could you also do a top 10 list including both Canadian or US equities (no CDR’s), again ranked by total return/compounding potential? Thanks.

Read Answer Asked by Bruce on August 28, 2025