METRO INC. $106 is a buy. The company (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 222.0 million; Market cap: $23.5 billion; Price-to-sales ratio: 1.1; Dividend yield: 1.4%; TSINetwork Rating: Average; www.metro.ca) operates 999 grocery stores and 639 drugstores, in Quebec, Ontario and New Brunswick.

These two retailers have moved up lately. That’s partly because they have no operations in the U.S., so they have little exposure to tariffs. Their strong brands should also continue to spur customer traffic—and their earnings.

Stantec’s shares have jumped 33% since the start of 2025. That’s partly due to its policy of using acquisitions to expand. While risky, the company’s long history of successfully integrating new businesses lowers the negative aspects of this strategy. Stantec is also making better use of digital technologies, including artificial intelligence, to improve efficiency. These factors should drive its earnings—and share price—higher over the next few years.

TECK RESOURCES LTD. $53 remains a buy for the Resources sector of your portfolio. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 490.4 million; Market cap: $26.0 billion; Price-to-sales ratio: 2.8; Dividend yield: 0.9%; TSINetwork Rating: Extra Risk; www.teck.com) recently sold its metallurgical coal operations. As a result, it now focuses on copper and zinc mines.

SOUTH BOW CORP. $36 is a hold. The company (Toronto symbol SOBO; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 207.6 million; Market cap: $7.5 billion; Price-to-sales ratio: 2.6; Dividend yield: 7.6%; TSINetwork Rating: Average; www.southbow.com) took its current form on October 1, 2024, when TC Energy (see page 71) spun off its oil pipeline business. Investors received 0.2 of a South Bow share for every TC share they held. This new company operates a 4,900-kilometre pipeline network that pumps crude oil from Alberta to refineries in Illinois, Oklahoma and the U.S. Gulf Coast.

Our aggressive stock recommendations can give you bigger gains–and bigger losses–than our conservative recommendations. While that higher volatility comes with increased risk, you can reduce it by opting for aggressive stocks with strong underlying value and hidden assets.


Here are three picks from our Aggressive Stock Portfolio that are solid choices for most investors. All are market leaders, and they’re doing a good job controlling costs. For your new buying, however, we prefer Toromont and Mattr over Saputo.

CAE INC. $40 is a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 320.6 million; Market cap: $12.8 billion; Price-to-sales ratio: 2.8; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 40 countries.


Due to rising retirement and turnover rates, CAE expects the global air travel industry will need 1.5 million new pilots, aircraft maintenance technicians and cabin crew over the next 10 years. That’s up 8% from its previous forecast.

The new liquefied natural gas (LNG) facility in Kitimat, B.C. recently shipped its first LNG cargo to a customer in Japan. Two more LNG plants should begin operating in the next few years.


Rising demand for LNG—along with Ottawa’s plan to streamline the construction of new infrastructure projects—bodes well for TC Energy. It built and operates the Coastal GasLink pipeline that supplies gas to the Kitimat facility and it will likely play a big role in connecting future LNG facilities with gas producers in Alberta and B.C.



What’s more, TC operates most of its pipelines under rate-regulated or take-or-pay contracts with gas producers. Those predictable cash flows cut the risk of these new projects. They also give the company plenty of room to keep increasing your dividend.

A: Freeport-McMoRan Inc., $47.11, symbol FCX on New York (Shares outstanding: 1.4 billion; Market cap: $64.8 billion; www.fcx.com), is one of the world’s largest publicly traded copper producers with operations in Indonesia, North America and South America. The company has significant reserves of copper, gold, and molybdenum.


In Indonesia, Freeport’s assets include the Grasberg minerals district in Papua. Grasberg is one of the world’s largest copper and gold deposits.

A: Vanguard Dividend Appreciation ETF, $206.31, symbol VIG on New York (Units outstanding: 451.3 million; Market cap: $93.1 billion; www.vanguard.com), aims to track the S&P U.S. Dividend Growers Index.


That index is comprised of a group of 337 stocks that have had at least 10 consecutive years of increasing annual dividend payments. That means the index excludes several sound companies that pay dividends but haven’t increased them annually.