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A: Suncor Energy, $53.09, symbol SU on Toronto (Shares outstanding: 1.2 billion; Market cap: $64.6 billion; TSINetwork Rating: Average; www.suncor.com) is still a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with over 1,800 Petro-Canada gas stations.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with over 1,800 Petro-Canada gas stations.
A: Seabridge Gold Inc., $22.68, symbol SEA on Toronto (Shares outstanding: 100.5 million; Market cap: $2.3 billion; www.seabridgegold.com), explores for gold and copper in North America.
Seabridge’s largest asset is its 100%-owned Kerr-Sulphurets-Mitchell (KSM) gold/copper project—just 21 kilometres away from Barrick Mining’s Eskay Creek mine in northwestern B.C.
The company believes Kerr-Sulphurets-Mitchell (KSM) holds one of the world’s largest gold and copper resources. Current proven and probable reserves at KSM are estimated to exceed 47 million ounces of gold and 7 billion pounds of copper.
Seabridge’s largest asset is its 100%-owned Kerr-Sulphurets-Mitchell (KSM) gold/copper project—just 21 kilometres away from Barrick Mining’s Eskay Creek mine in northwestern B.C.
The company believes Kerr-Sulphurets-Mitchell (KSM) holds one of the world’s largest gold and copper resources. Current proven and probable reserves at KSM are estimated to exceed 47 million ounces of gold and 7 billion pounds of copper.
As of 12:00 p.m. EDT Tuesday, the price of an ounce of gold was sitting at $3,340 U.S. That represents a 35% rise from where it stood at the start of the year.
For established miners, the impressive rise is a significant incentive to lift output, where possible. For junior miners sitting on as-yet-untapped deposits, the price jump is even more of an incentive to speed toward production.
For established miners, the impressive rise is a significant incentive to lift output, where possible. For junior miners sitting on as-yet-untapped deposits, the price jump is even more of an incentive to speed toward production.
NUTRIEN LTD. $78 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 485.9 million; Market cap: $37.9 billion; Price-to-sales ratio: 1.1; Dividend yield: 3.8%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers, including potash, nitrogen and phosphate.
Potash sales volumes in the three months ended June 30, 2025, rose 12.0% to 3.99 million tonnes. That’s due to stronger demand in North America. Selling prices also improved 17.0%.
Potash sales volumes in the three months ended June 30, 2025, rose 12.0% to 3.99 million tonnes. That’s due to stronger demand in North America. Selling prices also improved 17.0%.
So far, the new U.S. tariffs on imports of Canadian energy have had little impact on Enbridge. That’s mainly because the tariffs are paid by oil and gas producers, not pipeline operators. Despite the uncertainty, the company’s volumes remain strong.
Another plus for investors is that Enbridge gets 98% of its gross earnings from its regulated operations or take-or-pay contracts. Its recent acquisition of U.S. gas distribution utilities also cuts your risk.
Enbridge now expects those new assets will increase its cash flow by 5% annually after 2026. That will let the company keep raising your dividend, as it has each year for the past 30 years.
Another plus for investors is that Enbridge gets 98% of its gross earnings from its regulated operations or take-or-pay contracts. Its recent acquisition of U.S. gas distribution utilities also cuts your risk.
Enbridge now expects those new assets will increase its cash flow by 5% annually after 2026. That will let the company keep raising your dividend, as it has each year for the past 30 years.