CAE fell sharply in 2020 as the pandemic slashed demand for air travel and for the company’s pilot-training services. This long-time favourite has now returned to its pre-pandemic highs, driven in part by the strong outlook for global travel.


We feel CAE should keep moving higher because it benefits from two long-term trends.

TRANSCONTINENTAL INC. $20 is a buy for aggressive investors. The company (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 83.6 million; Market cap: $1.7 billion; Price-to-sales ratio: 0.6; Dividend yield: 4.5%; TSINetwork Rating: Average; www.tctranscontinental.com) is Canada’s leading printer of newspapers, advertising flyers, magazines and books. It also makes plastic packaging for consumer products.


Transcontinental has developed a new type of plastic film called BOPE (advanced biaxially oriented polyethylene).

Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index. They hold a more or less fixed selection of securities that represent the holdings of that index or sub-index and will allow the fund to “track” its performance.


The MER (Management Expense Ratio) is generally much lower on traditional ETFs than on conventional mutual funds. That’s because most traditional ETFs take a much simpler approach to investing. Instead of actively managing clients’ investments, ETF providers invest so as to mirror the holdings and performance of a particular stock-market index.