Company analysis
Honest reads on widely-held Canadian names, focused on free-cash-flow yield and sustainable growth — the opposite of “top 10 stocks to buy.” Every report follows the same disciplined template so the reasoning is transparent.
Royal Bank of Canada
Canada's largest bank by market value, firing on personal & commercial banking, wealth and capital markets.
The Toronto-Dominion Bank
A Big Six bank with a huge U.S. retail footprint — and a landmark AML penalty that now caps that U.S. growth.
Shopify Inc.
The commerce operating system for millions of merchants — high growth, now profitable and free-cash-flow positive.
Enbridge Inc.
A toll-road-like energy infrastructure giant built for dividend investors, with a large secured growth backlog.
Canadian National Railway
A wide-moat railway spanning three coasts — the classic 'toll booth' on the Canadian and North American economy.
Constellation Software Inc.
A serial acquirer of vertical-market software businesses — a disciplined, cash-generative compounding machine.
Bank of Nova Scotia (Scotiabank)
The Big Six bank with the biggest Latin American footprint — a higher-yield turnaround as ROE recovers.
Bank of Montreal (BMO)
A Big Six bank with a large U.S. Midwest franchise, driving ROE back toward a 15% target after a credit-cost reset.
Canadian Imperial Bank of Commerce (CIBC)
The most Canada-centric Big Six bank — and lately one of the best performers, with a mid-teens ROE and streak of double-digit EPS growth.
National Bank of Canada
Quebec's champion bank — historically the best-run of the group, now digesting its Canadian Western Bank acquisition.
Manulife Financial
A global life insurer with an Asia growth engine and a large wealth & asset-management arm — a capital-return story with a rising core ROE.
Sun Life Financial
A high-ROE, diversified insurer-plus-asset-manager — insurance, MFS/SLC asset management and U.S. group benefits under one roof.
TELUS Corporation
A Big-3 telecom that just reset its dividend to a sustainable share of free cash flow to attack its debt.
Reitmans (Canada) Limited
A debt-free apparel retailer that survived restructuring — a small-cap, cash-backed turnaround still hunting for growth.
MTY Food Group
An acquisitive, asset-light franchisor of ~90 restaurant brands — a free-cash-flow machine fighting soft same-store sales.
Knight Therapeutics
A cash-rich pan-Latin-American and Canadian specialty-pharma platform now growing revenue and EBITDA quickly.
Boyd Group Services
North America's largest collision-repair operator — a growth roll-up compounding through acquisitions and margin expansion.
Canadian Natural Resources
A low-decline oil & gas heavyweight built as a free-cash-flow and return-of-capital machine.
Suncor Energy
An integrated oil producer-refiner-retailer whose operational turnaround is powering big buybacks and dividends.
Tourmaline Oil
Canada's largest natural-gas producer — a low-cost, LNG-levered name that returns surplus cash via base-plus-special dividends.
Brookfield Corporation
A global owner-operator and alternative-asset compounder whose value sits in its 73% stake in Brookfield Asset Management, a wealth-solutions insurer, and a carried-interest-rich operating portfolio.
Brookfield Asset Management
A pure-play, capital-light global alternative-asset manager earning recurring fees on over US$1 trillion of assets under management.
Brookfield Infrastructure Partners
A globally diversified owner of critical, largely inflation-linked infrastructure — utilities, transport, midstream and fast-growing data assets — that funds a rising distribution from stable FFO.
Brookfield Renewable Partners
One of the world's largest pure-play renewable-power platforms — hydro, wind, solar and now storage — selling long-contracted clean power to fund a growing distribution.
Power Corporation of Canada
A family-controlled Canadian holding company whose value comes chiefly from controlling stakes in insurer Great-West Lifeco and wealth manager IGM Financial, plus alternative-asset and venture holdings.
IGM Financial
Canada's largest independent wealth and asset manager, riding record client flows and a Wealthsimple stake to all-time-high adjusted earnings.
Onex Corporation
A private-equity and credit manager trading roughly a third below its own investing capital per share, now building an insurance flywheel with AIG and Convex.
TMX Group
The near-monopoly operator of Canada's stock and derivatives exchanges, compounding through recurring data/analytics revenue and global expansion.
Element Fleet Management
The world's largest pure-play commercial fleet manager — a capital-light services compounder growing net revenue at a steady mid-teens pace.
goeasy
Canada's largest non-prime consumer lender, whose shares fell roughly 70% after a large Q4 2025 credit charge pushed it into a trailing-twelve-month loss.
EQB Inc.
The digital 'Challenger Bank' behind Equitable Bank and EQ Bank, growing its franchise but with earnings depressed by a rough FY2026 credit stretch.
Fairfax Financial Holdings
Prem Watsa's global P&C insurance-and-investment holding company — often called 'Canada's Berkshire' — posting strong underwriting and investment earnings in 2026.
Intact Financial
Canada's largest property-and-casualty insurer, a disciplined serial acquirer compounding book value through underwriting scale and a data-driven pricing engine.
Great-West Lifeco
A Power-controlled global life, health, and asset-management insurer with a fortress balance sheet and a stable, high-yield dividend.
iA Financial Corporation
A capital-strong Canadian life-and-wealth insurer with one of the best solvency positions in the sector and a steadily rising dividend.
Definity Financial
A demutualized Canadian P&C insurer (Economical, Sonnet, Family) deploying a large capital surplus to scale and consolidate, now growing premiums and earnings rapidly.
Trisura Group
A small-cap specialty insurer in surety, warranty, and program/fronting business across Canada and the US, trading at the cheapest earnings multiple in the group.
BCE Inc.
Canada's largest telecom is trading like a value/turnaround stock after slashing its dividend to fund deleveraging and a fibre build.
How we analyze a company
- Business & model — how it really makes money.
- Moat — durable advantages and threats.
- Financials — the most recent reported revenue, earnings and the metrics that matter for that industry, each with a source.
- Free cash flow yield & sustainable growth — our core lens: the cash the business actually produces relative to its price, and how fast it can grow that cash without financial engineering. For banks and insurers, where free cash flow isn't meaningful, we use earnings yield, ROE and dividend coverage instead.
- Valuation — a transparent, qualitative read vs peers and history. We do not publish price targets.
- Risks & the bear case — steel-manned, not buried.
- Verdict — an honest thesis with a stated conviction level.
Written by John Wilson. CoinCompass is a publisher, not a registered adviser — never a recommendation to buy or sell a specific security. See our disclosures.