Investment Q&A

Q: Hello, what is your opinion of these cos? Are they a BUY at this time? Which one do you prefer and why? Thanks

Q: Hello 5i
It's my understanding that GFL (industrial sector) was added to the BE portfolio in May 2025. Were there a total of two purchases totalling a 2.5% new position weight for that equity?
GFL's CEO is Patrick Dovigi and 5i considers it a big plus that Dovigi is also the founder of GFL.
1) can you please compare his pay package to those of the CEOs at WM, WCN and RSG?
2) in light of 2 above, can you shed any light about the governance of GFL and profitability of that company when C-suite compensation is factored into your thinking?
3)Dovigi's 2024 compensation seems out-sized by many factors. Was there a specific reason for that in 2024 or does relative overcompensation persist over multiple years at GFL?
Thanks in advance,

Q: Hi team...what's your take on health care sector changes coming with Trump I own 3% LLY 1% ISRG 1% UNH lly getting walloped due to speculation on what's coming (how bad can it be) do you recommend selling the sector or repositioning the stocks presently own in the sector or do you have a top pick?....Thanks also do you think that this is good entry for CNQ,TOU,MDA,MEQ, GFL,LMN, looking for some growth and dividend return please rate them in order of preference c/w entry target price...thanks for your help

Q: Could you please comment on GFL results. Thank You

Q: Hit "enter" to fast on my last question. Looking for some ideas with the understanding you can't offer direct recommendations. I have 40 K to add to my non-reg account. I have full positions in all the pipelines, OLY, GWO, BNS, CU, NPI, BIR, PEY, TPZ, CNQ, PRL and BMO. I have no need for any income for at least five years, not opposed to going overweight if necessary, have lots of higher yielders so would perhaps benefit from some choices with capital gain and dividend growth potential versus just high yield.

Q: Which of these would you suggest for a long term hold and why?

Q: Could you please provide a more detailed rationale for your latest addition to the Balanced Portfolio. GFL.

How is the current valuation and debt, compared to its competitors ?

Could you also explain the recent secondary offering by some of its institutional share holders and the shares buyback by the Co.

Although, stock dropped on Friday, alongside the market, but do you consider the Co to be a decent hedge during uncertain tariff times ?

What will 5i rating for the Co, if you were to provide one ?

Thank You

Q: Which would you prefer HPS.A or GFL from a growth perspective?

Thanks for your service?

Q: Hello, what is your take on the latest results? Do the net losses look worrying? How quickly is GFL expected to grow over the next year or two? Is it worth starting a position? Thank you.

Q: I would appreciate your comments on above US equities. Which one is your favorite?
Are there any Canadian equivalents?
Thank you!

Q: Hi, hold enough EIF that I want to divest and diversify. Looking for high growth over the next 4-5 years, but not as interested in dividends. I also hold a fair bit of CSU and gsy, so am thinking along those lines. What would be a good ranking for the following at today's prices (best to worst), and are there another couple additions you'd suggest? Big thanks!
DOL, BN, CLS, LMN, TOI, DRX, DSG, IFC, TRI, PRL, AFN, GFL.

Q: This stock had some positive price action the last couple days, was there any news or upgrades or just volatility?

Q: Gfl released earnings today and increased guidance for 2024. Could have please provide analysis and would you recommend a buy? Thanx.

Q: GFL or Waste Management?

Q: Considering a switch from WCN waste connections to GFL as WCN has run up significantly; comments please.

Q: What do you think of the waste companies in Canada or US as industrial candidates?

Q: Hi team,

What are your thoughts on the long term prospects of this company?

Also, what are your thoughts on the CEO and his capital allocation ability?

Thank you,

Q: Would appreciate your comments on the 3rd quarter 2023 financial results for WCN, Waste Connection Inc. The drop in the stock value would seem to indicate
that the market was disappointed. Is it still worth holding or has the outlook changed?
Thank you for your information.

Q: I've been reviewing CSU's shareholder letters and kicking myself that I didn't find such a legendary CEO 15 years ago. The letters make it very clear how much of a unicorn ceo the guy was/is. Which got me thinking, are there any early stage Mark Leonard's out there now that are the kind of ceo's you want to bet on, but younger and their companies are less developed. So my question is, if you had to bet which current CEO's of companies in North America under $10B are likely to be extremely successful based on their business acumen, and shareholder friendliness. Which CEO's would those be (the next Mark Leonard's)? Thx

Q: Hi,

Which do you prefer for growth over the next 5 plus years or are there more / better opportunities in the field?

GM