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NEWS

ECONOMIC RESEARCH AND STRATEGY
29 Apr 2022Ontario Budget 2022 - Deficit spending to improve affordability and critical services
14 Apr 2022Manitoba Budget 2022 - Near-term Deficit Improvement
13 Apr 2022Bank of Canada Decision (April Decision) – Central Bank Tries to Break Inflation Psychology
11 Apr 2022Newfoundland and Labrador Budget 2022 - Improved oil industry outlook and fiscal restraint still on the table
08 Apr 2022Federal Budget 2022 - Improved Fiscal Outlook as Revenues Outweigh New Spending
30 Mar 2022Nova Scotia Budget 2022- Higher Debt Levels to Fund Infrastructure and Healthcare
24 Mar 2022New Brunswick Budget 2022 – Population Growth, Quick Debt Reduction and Small Surpluses
24 Mar 2022Saskatchewan Budget 2022 - Declining deficits amidst a highly volatile economic environment
23 Mar 2022Quebec Budget 2022 - Positive Short-term Dynamics, Cheques to Offset Inflation and Long-Term Challenges
11 Mar 2022Canada Blockbuster Jobs Report (Feb) - Russian Invasion of Ukraine Clouds the Economic Outlook
INSTITUTIONAL EQUITY RESEARCH
19 May 2022 WELL—Off Restriction, Bought Deal Closed; Q1-22 Results Beat
19 May 2022 FCA – Continues to Show Ability to Grow the Portfolio While Trading at an Attractive Discount to NAV per Unit
19 May 2022 ELE Q1-22 Results – Royalty Revenue And EBITDA Miss On Lower GEOs
19 May 2022 Solid Q4-F22 for HRX; M&A Upside Intact Via Strong Balance Sheet
19 May 2022 CTS—Strengthening NA Presence with PC Specialists & TIG Deal
19 May 2022 ATA FQ4-22 Results First Look; Beat Across the Board
19 May 2022 SIS—Demand Remains Strong; Taking Steps to Preserve Margins
18 May 2022 CAR — Disconnect with Direct Valuations Further Underlines Attractive Valuation Levels
18 May 2022 PGM—2022 Targets Reset Again; TP Reduced to $1.15; Lowered to Spec. Buy from Buy
18 May 2022 ATY—Q1 Modest Miss; Maintain BUY And TP Of C$0.95

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