stantec

Toronto symbol STN, offers clients a broad range of consulting, project delivery, design/build and technology services.

STANTEC INC. $95 stands to gain from the federal government’s plan to move ahead with the Pacific Link pipeline, which would pump 1 million barrels a day of crude oil from Alberta to the superport in Delta, B.C. This new line could begin operating in 2034.

Pacific Link will follow the same route as the existing Trans Mountain pipeline—the only crude pipeline to West Coast. Trans Mountain hired Stantec to oversee critical phases of its most recent expansion project and would likely use it for the Pacific Link.
STANTEC INC. $100 last raised your quarterly dividend by 8.9% with the April 2026 payment, to $0.245 a share instead of $0.225. The new annual rate of $0.98 yields 1.0%.

The engineering firm tends to use acquisitions to spur its growth. It cuts the risk of this strategy by targeting smaller, easy-to-absorb firms. Moreover, sharing administrative expenses, financing and employee benefits among its businesses helps lower overall costs.
STANTEC INC. $96 has agreed to participate in the design and building of a new datacentre in Alberta for Meta Platforms Inc. (Nasdaq symbol META). Meta, the parent company of Facebook and Instagram, will spend $13 billion on this massive facility north of Edmonton; it will probably open in 2029.

The company has not yet said how much it will receive for its work. However, deals like this bolster the engineering firm’s reputation, particularly for its expertise with water management systems. Note—Meta plans to spend a further $60 million to upgrade local infrastructure such as roads and water systems.
We’ve long admired engineering firm Stantec for several reasons. Among them is its focus on designing projects instead of constructing them. This “asset-light” business model cuts the firm’s exposure to cost overruns. Stantec also has a successful history of buying smaller firms that enhance its expertise and let it enter new markets.

Given these many positives, we chose Stantec as your #1 Aggressive Buy for 2026. While the stock has gained 130% since we added it to the Successful Investor’s Aggressive Growth Portfolio in April 2020, we feel it has plenty of room to keep moving higher in the next few years. What’s more, the company continues to reward investors with dividend increases and share buybacks.
Top pick Stantec Inc.’s focus on high-margin, digitally enabled services ensures the firm is well-positioned to sustain double-digit earnings growth.
BOMBARDIER INC., Toronto symbols BBD.A $149.68 and BBD.B $149.75, is still a hold.

The company now focuses solely on making private luxury and business jet planes following the January 2021 sale of its passenger railcar business to France’s Alstom SA.

The stock jumped over 25% this week after Bombardier announced a major new order from an undisclosed buyer.

This deal has firm orders for 50 of the company’s Challenger and Global jets worth $1.7 billion (all amounts except share prices in U.S....
CISCO SYSTEMS INC., $63.11, Nasdaq symbol CSCO, is a top pick for 2025.

Through their shares, investors tap a global producer of hardware and software that links and manages computer networks.

With the April 2025 payment, Cisco raised your quarterly dividend by 2.5%....
TELUS CORP., $22.07, Toronto symbol T, is your #1 Income Buy for 2025.

The company is Canada’s largest wireless carrier with 13.88 million subscribers (including non-cellphone devices such as tablets). It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

Starting in 2011, Telus began rewarding its shareholders with twice yearly dividend increases....
SOUTH BOW CORP., $34.03, Toronto symbol SOBO, is a hold.

On October 1, 2024, TC Energy Corp. (Toronto symbol TRP) completed the spinoff of its oil pipeline business as separate company South Bow. Investors received 0.2 of a South Bow share for every TC share they held....
SOUTH BOW CORP., $32.31, Toronto symbol SOBO, is a hold.

On October 1, 2024, TC Energy Corp. (Toronto symbol TRP) completed the spinoff of its oil pipeline business as separate company South Bow. Investors received 0.2 of a South Bow share for every TC share they held....