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NEWS

ECONOMIC RESEARCH AND STRATEGY
05 Aug 2020Economic, Provincial and Financial Forecasts - August 2020
30 Jul 2020Nova Scotia First 2020-21 Budget Update
24 Jul 2020N&L Fiscal Update – Lower Oil Revenue and Higher Spending
15 Jul 2020BC Update – Fiscal position will remain strong despite highest deficit on record
15 Jul 2020BoC (July Decision) – No policy rate hike before 2023, even without a second COVID wave
09 Jul 2020Federal Fiscal Snapshot – Ottawa Bears the Brunt of the Pandemic Cost
08 Jul 2020Manitoba June 2020 Fiscal Update – Scenarios for a recovery
19 Jun 2020Quebec June 2020 Fiscal Update – Using Fiscal Room to Respond to Covid-19
18 Jun 2020The PEI 2020 Budget – Reopening the Island Economy
17 Jun 2020BC June 2020 Economic and Debt Management Update
INSTITUTIONAL EQUITY RESEARCH
06 Aug 2020 KXS Q2-20 Results Beat Across the Board – TP Upped to $260
06 Aug 2020 CJT Chartering A Growth Trajectory – TP raised to $158.000
06 Aug 2020 WSP Q2-20 — Margin Expansion and Record Backlog amid COVID Headwinds
06 Aug 2020 STN Reports In-Line Q2-20 Results, Guidance Calls for Flat YoY Growth
06 Aug 2020 KXS Q2-20 Initial Take — A Beat on all Metrics; Deferred Signings Limit Guidance
06 Aug 2020 SJ Q2-20 Results Crush Estimates, Increasing TP to $44 while Shifting to Hold
06 Aug 2020 Higher Gold Price Drives up NAVs and Target Prices
06 Aug 2020 CGY Q3-F20E Preview — Results Expected to be Resilient; Increasing TP to $67
06 Aug 2020 TLG — Revised Model Assumptions, Higher Gold Price; Raising TP to $4.70
05 Aug 2020 VNP Q2-20 Delivers Strong EBITDA Beat; Raising TP To $3.00

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