Q: Canada could have a construction/housing boom in the next few years. What equities would you buy to participate in this move?
5i Research Answer:
There are not that many 'direct' housing plays, as most have been converted in REITs such as CAR.UN and IIP.UN. There are several indirect ways to participate: Engineering and construction firms (SNC, ARE, WSP, STN), building materials (RUS, DRX), lumber and construction products (WFG, WEF, IFP), or real estate service companies (FSV, AIF, CIGI, REAL).