Investment Q&A

• Intact Financial Corporation (IFC $258.43)
  • $258.43 P/E (TTM): 13.84X Cap: $46.26B
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• Trisura Group Ltd. (TSU $47.22)
  • $47.22 P/E (TTM): 15.74X Cap: $2.20B
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Q: Which company looks better for a new position for a long term hold?

Appreciate your insight.

Paul F.

Upvote 7

Read Answer Asked by Paul on April 16, 2026

• Life & Banc Split Corp. Class A Shares (LBS $13.53)
  • $13.53 P/E (TTM): 12.37X Cap: $481M
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Q: Good morning. Can you explain why LBS had a special stock dividend of 10%. Thank you, Peter

Upvote 1

Read Answer Asked by Peter on April 16, 2026

Q: a lot of concern these about private equity and companies. do you classify bn and bam into this category and are you a bit concerned about these companies.

Upvote 8

Read Answer Asked by hans on April 15, 2026

• Royal Bank of Canada (RY $240.51)
  • $240.51 P/E (TTM): 16.14X Cap: $337.59B
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• Toronto-Dominion Bank (The) (TD $142.52)
  • $142.52 P/E (TTM): 11.37X Cap: $238.25B
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• Bank of Nova Scotia (The) (BNS $102.91)
  • $102.91 P/E (TTM): 19.96X Cap: $127.47B
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Q: Hello:

Canadian banks have had a great run. Valuations have markedly changed more than I would have predicted. At what valuation might you trim into this strength? What headwinds could be foreseen?

Many thanks.

Upvote 1

Read Answer Asked by Marilou on April 15, 2026

• Manulife Financial Corporation (MFC $53.19)
  • $53.19 P/E (TTM): 17.16X Cap: $89.42B
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• Great-West Lifeco Inc. (GWO $70.22)
  • $70.22 P/E (TTM): 16.03X Cap: $63.98B
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• Sun Life Financial Inc. (SLF $68.22)
  • $68.22 P/E (TTM): 15.03X Cap: $37.78B
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Q: From the answers I have gleaned over those 3 insurers you seem to be favoring SLF over the other two, from a volatility & performance perspective (over 1 and 5 years) it would appear that SLF is worse. Can you give your reasons why as you obviously see SLF of better quality fundamentally going forward.

Upvote 5

Read Answer Asked by simon on April 10, 2026

• Olympia Financial Group Inc. (OLY $122.78)
  • $122.78 P/E (TTM): 14.82X Cap: $298M
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• Stack Capital Group Inc. (STCK $25.20)
  • $25.20 P/E (TTM): 8.27X Cap: $339M
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Q: I am considering adding STCK(growth) and OLY(dividends)
Any thoughts or problems you can see?
Thankyou

Upvote 3

Read Answer Asked by Steve on April 10, 2026

• Circle Internet Group Inc. Class A (CRCL $103.32)
  • $103.32 Cap: $26.08B
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Q: Your thoughts on CRCL please.Do you like this company/space and would you be a buyer today?
Thank you

Upvote 1

Read Answer Asked by John on April 10, 2026

• Royal Bank of Canada (RY $240.51)
  • $240.51 P/E (TTM): 16.14X Cap: $337.59B
  • View RY Profile
  • View Questions on RY
• Toronto-Dominion Bank (The) (TD $142.52)
  • $142.52 P/E (TTM): 11.37X Cap: $238.25B
  • View TD Profile
  • View Questions on TD
• Bank of Nova Scotia (The) (BNS $102.91)
  • $102.91 P/E (TTM): 19.96X Cap: $127.47B
  • View BNS Profile
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  • View Reports on BNS
• Manulife Financial Corporation (MFC $53.19)
  • $53.19 P/E (TTM): 17.16X Cap: $89.42B
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• Sun Life Financial Inc. (SLF $93.54)
  • $93.54 P/E (TTM): 15.03X Cap: $52.01B
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• State Street Financial Select Sector SPDR ETF (XLF $52.08)
  • $52.08 P/E (TTM): 16.77X Cap: $51.56B
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• Brookfield Corporation Class A Limited Voting Shares (BN $63.54)
  • $63.54 P/E (TTM): 83.96X Cap: $143.01B
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $66.37)
  • $66.37 P/E (TTM): 31.5X Cap: $109.90B
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Q: Hello,
I wish to reduce my number of holdings in my financial sector.  Feeling what I have has some overlapping.  Which 2 or more of my lists would you recommend to trim?  I do plan to hold the rest for growth and stability for more than 5 years.
Many thanks,
Roger

Upvote 7

Read Answer Asked by Roger on April 10, 2026

• Brookfield Corporation Class A Limited Voting Shares (BN $63.54)
  • $63.54 P/E (TTM): 83.96X Cap: $143.01B
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $66.37)
  • $66.37 P/E (TTM): 31.5X Cap: $109.90B
  • View BAM Profile
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Q: I understand you like BN .It has been weak.Would you still hold this name or is the private credit sentiment likely to keep this space under pressure for some time?

Upvote 9

Read Answer Asked by Kim on April 10, 2026

• goeasy Ltd. (GSY $33.26)
  • $33.26 P/E (TTM): 2.44X Cap: $546M
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• Propel Holdings Inc. (PRL $21.96)
  • $21.96 P/E (TTM): 11.04X Cap: $859M
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Q: You have provided many insights with respect to GoEasy and its recent issues.

Given that PRL is involved in a similar credit market, do you consider PRL a Sell at this point? What is your view on PRL?

Thanks
Tim

Upvote 6

Read Answer Asked by Timothy on April 09, 2026

• Canadian Imperial Bank Of Commerce (CM $146.96)
  • $146.96 P/E (TTM): 15.22X Cap: $135.68B
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• National Bank of Canada (NA $199.60)
  • $199.60 P/E (TTM): 19.12X Cap: $77.77B
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Q: Canadian banks have performed well over the last year and given the current economic climate do you expect these 2 banks to continue to perform well?

Upvote 6

Read Answer Asked by Antony on April 08, 2026

• Galaxy Digital Inc. (GLXY $23.92)
  • $23.92 Cap: $9.39B
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Q: In your answer to Neil on April 2 you said Galaxy is becoming the “ Goldman Sachs “ of the crypto industry. Would you expound on this.
Thanks. Derek.

Upvote 9

Read Answer Asked by Derek on April 07, 2026

• Royal Bank of Canada (RY $240.51)
  • $240.51 P/E (TTM): 16.14X Cap: $337.59B
  • View RY Profile
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• Toronto-Dominion Bank (The) (TD $142.52)
  • $142.52 P/E (TTM): 11.37X Cap: $238.25B
  • View TD Profile
  • View Questions on TD
• Bank of Nova Scotia (The) (BNS $102.91)
  • $102.91 P/E (TTM): 19.96X Cap: $127.47B
  • View BNS Profile
  • View Questions on BNS
  • View Reports on BNS
• Bank of Montreal (BMO $203.90)
  • $203.90 P/E (TTM): 16.08X Cap: $144.76B
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• Canadian Imperial Bank Of Commerce (CM $146.96)
  • $146.96 P/E (TTM): 15.22X Cap: $135.68B
  • View CM Profile
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• National Bank of Canada (NA $199.60)
  • $199.60 P/E (TTM): 19.12X Cap: $77.77B
  • View NA Profile
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Q: Which of the Big Six banks will you purchase now if no exposure to any?

Thanks!

Upvote 5

Read Answer Asked by Jacquelyn on April 03, 2026

• Intact Financial Corporation (IFC $258.43)
  • $258.43 P/E (TTM): 13.84X Cap: $46.26B
  • View IFC Profile
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Q: IFC: held for quite a while. Stock is down a lot vs highest price. What is going on. Anything to worry about? HOLD, Sell or add to position. I own SLF - very long time and MFC for quite a while in different accounts.

Upvote 4

Read Answer Asked by James on April 02, 2026

• ECN Capital Corp. (ECN $3.08)
  • $3.08 P/E (TTM): 37.09X Cap: $864M
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Q: What concerns are there about the takeover of ECN going through?

Upvote 2

Read Answer Asked by Robert on April 01, 2026

• goeasy Ltd. (GSY $33.26)
  • $33.26 P/E (TTM): 2.44X Cap: $546M
  • View GSY Profile
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Q: Will GSY continue to pay Dividends?

Upvote 1

Read Answer Asked by Victor on March 31, 2026

• State Street Financial Select Sector SPDR ETF (XLF $52.08)
  • $52.08 P/E (TTM): 16.77X Cap: $51.56B
  • View XLF Profile
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Q: I bought this ETF in January 2025 thinking that the Trump administration would be good for the financial sector. I am down 7+% and the ETF is down almost 13% YTD. My logic dosn't appear to be all that logical! What do you think of this ETF? Buy, sell, hold? Any better suggestion?

Upvote 1

Read Answer Asked by Larry M. on March 30, 2026

• Boralex Inc. Class A Shares (BLX $36.80)
  • $36.80 Cap: $3.78B
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• Brookfield Corporation Class A Limited Voting Shares (BN $63.54)
  • $63.54 P/E (TTM): 83.96X Cap: $143.01B
  • View BN Profile
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $66.37)
  • $66.37 P/E (TTM): 31.5X Cap: $109.90B
  • View BAM Profile
  • View Questions on BAM

Q: Boralex BLX Enters into Definitive Agreement to be Acquired by Brookfield, alongside La Caisse for $9 billion

They never say which Brookfield entity will be the owner. Can you please tell me which it is...BIP, BEP, BN, or BAM ?

Thanks........ Paul K

Upvote 7

Read Answer Asked by Paul on March 27, 2026

• Apollo Global Management Inc. (APO $120.96)
  • $120.96 P/E (TTM): 20.73X Cap: $69.70B
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $66.37)
  • $66.37 P/E (TTM): 31.5X Cap: $109.90B
  • View BAM Profile
  • View Questions on BAM
• Blackstone CDR (CAD Hedged) (BX $16.41)
  • $16.41 P/E (TTM): 34.9X Cap: $131.51B
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• KKR CDR (CAD Hedged) (KKR $22.25)
  • $22.25 P/E (TTM): 30.62X Cap: $127.79B
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Q: I find it a little odd that these shares are down {(some nearly 30%). It is as if they forgot how to make money. Many voices lining up against them. A couple of independent analysts I use have them top picks. Is it time to start building positions?

Upvote 10

Read Answer Asked by Greg on March 26, 2026

• Brookfield Infrastructure Partners L.P. (BIP.UN $50.17)
  • $50.17 Cap: $23.36B
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• Brookfield Corporation Class A Limited Voting Shares (BN $63.54)
  • $63.54 P/E (TTM): 83.96X Cap: $143.01B
  • View BN Profile
  • View Questions on BN

Q: Hello Team,
Which of these would you prefer for total return over a three year period and why?
Thank You,
Barry

Upvote 11

Read Answer Asked by Barry on March 25, 2026