Stantec (TSX: STN) analysis: the November 12, 2026 Q3 print (net revenue C$1.86B, +9.4%; record 20.2% adjusted EBITDA margin; raised 2026 targets), the 14% jump on November 13, and peer tables vs WSP Global, AtkinsRéalis, Aecon, Bird Construction and Badger Infrastructure on performance, valuation (~24x trailing P/E before the jump), dividends and analyst targets (~C$138).
Cargojet (TSX: CJT) analysis: the November 11, 2026 Q3 print (record C$286.5M revenue, +30%; adjusted EBITDA +28%), the 10% jump on November 12, and peer tables vs Air Canada, Chorus Aviation, Exchange Income, TFI International and Mullen Group on performance, valuation (~31x trailing P/E), dividends and analyst targets (~C$126).
Power Corporation of Canada (TSX: POW) analysis: the November 11, 2026 Q3 print, adjusted NAV of C$113.28 a share (+32.1% this year), a ~15% holding-company discount, and peer tables vs Great-West, IGM, Manulife, Sun Life, iA and Onex on performance, valuation (~13x forward P/E), dividends and analyst targets (~C$102).
Keyera (TSX: KEY) analysis: the November 10, 2026 Q3 print (adjusted EBITDA C$462M, +64%), the Alberta EnviroFuels outage (~C$85M 2027 hit), leverage at 3.6x, and peer tables vs Pembina, Enbridge, TC Energy, South Bow, AltaGas and Gibson Energy on performance, valuation (~17x forward P/E), dividends and analyst targets (~C$62.93).
Strathcona Resources (TSX: SCR) analysis: the November 8, 2026 deal to buy Greenfire Resources (C$2.7–2.9B including debt), Q3 production +6% and a 7% dividend raise, and peer tables vs Canadian Natural, Suncor, Cenovus, Imperial Oil and Athabasca Oil on performance, valuation (~9x P/E), dividends and analyst targets (~C$51.67).
5N Plus (TSX: VNP) analysis: November 2, 2026 Q3 results (revenue +30% to US$136.4M, net earnings down 32%), the 25% one-day jump, and peer tables vs Celestica, MDA Space, Hammond Power and Neo Performance Materials on performance, valuation (~38x P/E) and analyst targets (~C$46.10).
Trisura Group (TSX: TSU) analysis: November 5, 2026 Q3 results (operating EPS C$0.73, U.S. Programs loss ratio 80.4%), the bankrupt claims-partner disclosure behind a ~30% one-day drop, and peer tables vs Intact, Definity, Fairfax and iA Financial on performance, valuation (~1.4x book post-drop) and analyst targets (~C$52).
Toromont (TSX: TIH) analysis: November 2, 2026 Q3 results (revenue +26%, operating income +46%), the AVL enclosure ramp and ~C$1B 2027 power orders, and peer tables vs Finning, Wajax, Russel Metals and ADENTRA on performance, valuation (~31x P/E), dividends and analyst targets (~C$246.60).
Nutrien (TSX: NTR) analysis: November 4, 2026 Q3 results (adjusted EPS US$0.61 vs US$0.97), the phosphate review and White Springs shutdown, and peer tables vs Methanex, CCL, Chemtrade and CES Energy on performance, valuation (~14x P/E), dividends and analyst targets (~US$79).
Fortis (TSX: FTS) analysis: November 3, 2026 Q3 results, a record C$32.2B 2027–2031 plan and a 4% dividend raise, and peer tables vs Hydro One, Emera, AltaGas, CU and Capital Power on performance, valuation (~24x P/E), dividends and analyst targets (~C$79.23).
Methanex (TSX: MX) analysis: October 29, 2026 Q3 beat (adj. EPS US$3.69), a 5% buyback and debt payoff, and peer tables vs Nutrien, CCL, Chemtrade and CES Energy on performance, valuation (~7x fwd P/E), dividends and analyst targets (~US$73.78).
Allied Properties REIT (TSX: AP.UN) analysis: October 28, 2026 Q3 results and a 90% distribution cut, FFO −59%, net debt 12.5x EBITDA, and peer tables vs RioCan, Choice, First Capital, Dream Industrial and Dream Office on performance, valuation, dividends and analyst targets (~C$6.11).
TFI International (TSX: TFII) analysis: October 29, 2026 Q3 results (adjusted EPS US$1.67, Q4 outlook US$1.30–1.40 vs ~US$1.65 expected, U.S. LTL near break-even, UPS partnership ending in 2027), and peer tables vs CN Rail, CPKC, Exchange Income, Mullen Group and Cargojet on performance, valuation (~28x trailing P/E), dividends and analyst targets (~C$179.40).
Imperial Oil (TSX: IMO) analysis: October 30, 2026 Q3 results (record C$2.45B net income, record C$1.56B refining profit, C$2.5B returned), and peer tables vs Suncor, Canadian Natural, Cenovus, Tourmaline and Whitecap on performance, valuation (~22x P/E), dividends and analyst targets (~C$152.83).
AltaGas (TSX: ALA) analysis: October 29, 2026 Q3 results (normalized EBITDA C$389M, +45%; record 147,000 bbl/d of LPG exports to Asia), the Prince Rupert port strike, and peer tables vs Enbridge, TC Energy, Pembina, Keyera and Gibson on performance, valuation (~28x P/E), dividends and analyst targets (~C$57.44).
CPKC (TSX: CP) analysis: October 28, 2026 Q3 results (revenue +15%, core EPS C$1.28), the fuel squeeze on the operating ratio, and peer tables vs CN, TFI, Exchange Income, Mullen and Cargojet on performance, valuation (~29x P/E), dividends and analyst targets (~C$135.20).
Eldorado Gold (TSX: ELD) analysis: the October 26, 2026 Skouries filter-press milestone, the 8.1% jump that followed, and peer tables vs Agnico Eagle, Barrick, Kinross, Alamos and Lundin Gold on performance, valuation (~7x forward P/E), dividends and analyst targets (~C$60.50).
CAE (TSX: CAE) analysis: the October 26, 2026 sale of Flightscape to SITA for US$500M, what the cash does for the balance sheet, and peer tables vs Bombardier, MDA Space, Exchange Income, Magellan and Calian on performance, valuation (~39x trailing P/E) and analyst targets (~C$44).
Constellation Software (TSX: CSU) analysis: the October 21, 2026 appointment of Daan Dijkhuizen as Chief AI Officer, the AI fears that hit software, and peer tables vs Topicus, Thomson Reuters, CGI, Descartes and OpenText on performance, valuation (~54x trailing, ~19x forward P/E), dividends and analyst targets (~C$3,954).
Thomson Reuters (TSX: TRI) analysis: the October 22, 2026 launch of next-generation CoCounsel Tax, Audit & Accounting, the AI fears that hit the stock this year, and peer tables vs Constellation Software, CGI, Descartes, OpenText and Kinaxis on performance, valuation (~27.5x P/E), dividends and analyst targets (~C$176).
FirstService (TSX: FSV) analysis: the October 22, 2026 third-quarter beat, a buyback of about 9% of the shares since April and rising leverage, plus peer tables vs Colliers, Boyd Group and Altus Group on performance, valuation (~37x P/E), dividends and analyst targets (~US$173).
Mullen Group (TSX: MTL) analysis: the record October 22, 2026 third quarter, net income up 55% and the Willson deal, plus peer tables vs TFI, CN, CPKC, Exchange Income and Cargojet on performance, valuation (~24x P/E), dividends and analyst targets (~C$29.45).
Waste Connections (TSX: WCN) analysis: the October 21, 2026 third-quarter beat, the second raise to its 2026 outlook, a 10% dividend increase and US$1B+ of buybacks, plus peer tables vs WSP, AtkinsRéalis, Stantec, Badger, Bird and Aecon on performance, valuation (~39x trailing, ~27x forward P/E), dividends and analyst targets (~US$199).
Precision Drilling (TSX: PD) analysis: the October 20, 2026 TD Cowen upgrade to Buy (target C$150), the valuation gap between drillers and premium energy-service names, the Q2 2026 print and U.S. margin guidance, and peer tables vs Ensign, Trican, Total Energy, CES Energy, Enerflex and Pason on performance, valuation (~0.96x book, ~12x forward P/E) and analyst targets (~C$153).
Canadian National Railway (TSX: CNR) analysis: the October 19, 2026 Raymond James downgrade to Market Perform, Q4 traffic vs CPKC, record Q3 grain, the Q2 2026 print, and peer tables vs CPKC, TFI International, Mullen Group and Cargojet on performance, valuation (~21x P/E), dividends and analyst targets (~C$183).
Barrick Mining (TSX: ABX) analysis: the October 15, 2026 CIBC downgrade to Neutral, the Q2 2026 beat, the Newmont settlement, the planned North American gold IPO, and peer tables vs Agnico Eagle, Wheaton, Franco-Nevada, Kinross and Alamos Gold on performance, valuation (~10x P/E), dividends and analyst targets (~C$67.67).
Canadian Natural Resources (TSX: CNQ) analysis: the October 14, 2026 Raymond James downgrade, RBC's C$86 target, Brent at US$110, a record Q2, and peer tables vs Suncor, Imperial Oil, Cenovus, Tourmaline and Whitecap on performance, valuation (~12x P/E), dividends and analyst targets (~C$68.75).
Bombardier (TSX: BBD.B) analysis: the October 15, 2026 National Bank upgrade to Outperform, the Wichita investment, a US$21.8B backlog, and peer tables vs Celestica, CAE, MDA Space and Magellan on performance, valuation (~23x P/E) and analyst targets (~C$330.62).
MDA Space (TSX: MDA) analysis: the October 13, 2026 CSG 9.5% stake (~US$434M), Q2 revenue +34%, $4.0B backlog, and peer tables vs Bombardier, Celestica, Kraken and Magellan on performance, valuation (~52x P/E) and analyst targets (~C$63.64).
Couche-Tard (TSX: ATD) analysis: the October 9, 2026 Irving Oil retail deal, the pending Żabka takeover, and peer tables vs Loblaw, Dollarama, Metro and Empire on performance, valuation (~16x P/E), dividends and analyst targets (~C$100.92).
Enerflex (TSX: EFX) analysis: the October 13, 2026 1 GW data center power award (backlog above 1.75 GW), the 14% jump, and peer tables vs Hammond Power, TerraVest, ATS and Trican on performance, valuation (~58x trailing, ~17x forward P/E), dividends and analyst targets (~C$48.69).
Richelieu Hardware (TSX: RCH) analysis: the October 7, 2026 Q3 beat (sales +12.6% to C$562M), the Penrod acquisition, the October 8 jump, and peer tables vs Toromont, Finning, Russel Metals, Wajax and Doman on performance, valuation (~22x P/E), dividends and analyst targets (~C$39.25).
Lundin Gold (TSX: LUG) analysis: the October 8, 2026 record 153,736 oz quarter at Fruta del Norte, the October 9 rally, and peer tables vs Agnico, Barrick, Kinross, Alamos and Eldorado on performance, valuation (~16x P/E), dividends and analyst targets (~C$97.75).
Cogeco Communications (TSX: CCA) analysis: the October 9, 2026 telecom selloff and target cuts, a shrinking U.S. Breezeline unit, and peer tables vs Bell, Rogers, TELUS and Quebecor on performance, valuation (~6x free cash flow), dividends and analyst targets (~C$69.36).
Aritzia (TSX: ATZ) analysis: the October 8, 2026 Q2 fiscal 2027 beat (revenue +44%, U.S. +60%), the raised C$4.78B–C$4.88B outlook, and peer tables vs Dollarama, Canadian Tire, Couche-Tard, Loblaw and Pet Valu on performance, valuation (~32x trailing P/E) and analyst targets (~C$178.63).
Canadian Utilities (TSX: CU) analysis: TD's October 7, 2026 upgrade to Buy, the 0.755-share Emera deal, a 3.7% yield, and peer tables vs Emera, Fortis, Hydro One, AltaGas and ATCO on performance, valuation (~18x fwd P/E), dividends and analyst targets (~C$54.71).
Fairfax Financial (TSX: FFH) analysis: the October 7, 2026 Boots deal with the Weston family's Wittington, a US$2.3B cheque for 50%, and peer tables vs Intact, Definity, Power Corp, Great-West, Manulife and Sun Life on performance, valuation (~7.8x P/E), dividends and analyst targets (~C$2,752).
Emera (TSX: EMA) analysis: the October 6, 2026 C$14.3B all-share Canadian Utilities merger, a 4.3% yield, and peer tables vs Fortis, Hydro One, AltaGas, Canadian Utilities and ATCO on performance, valuation (~21.5x P/E), dividends and analyst targets (~C$76.67).
Suncor (TSX: SU) analysis: the October 4, 2026 Ithaca offshore sale, a ~C$9B-a-year buyback, and peer tables vs Canadian Natural, Imperial, Cenovus, Tourmaline and Whitecap on performance, valuation (~13x P/E), dividends and analyst targets (~C$100).
Finning (TSX: FTT) analysis: the October 1, 2026 John F Hunt Power deal, a record C$3.8B backlog, and peer tables vs Toromont, Russel Metals and Wajax on performance, valuation (~27x P/E), dividends and analyst targets (~C$117.80).
Cenovus Energy (TSX: CVE) analysis: the July 29, 2026 guidance raise to 970–1,010 MBOE/d, ~C$1.4B returned in Q2, Pathways CCS, and peer tables vs Canadian Natural, Suncor and Imperial on performance, valuation (~13x P/E), dividends and analyst targets (~C$51.15).
Rogers Communications (TSX: RCI.A) analysis: the October 1, 2026 C$4.35B close for 100% of MLSE, a new Rogers Sports unit, and peer tables vs Bell, TELUS and Quebecor on performance, valuation (~9.5x fwd P/E), dividends and analyst targets (~C$59.31).
WSP Global (TSX: WSP) analysis: the October 1, 2026 GCM Corpo acquisition (~600 energy and industrial professionals, price undisclosed), a −34% year, and peer tables vs AtkinsRéalis, Stantec, Bird, Badger and Aecon on performance, valuation (~26x P/E), dividends and analyst targets (~C$283.57).
TC Energy (TSX: TRP) analysis: the September 21, 2026 C$560M sale of its Guadalajara–Manzanillo pipeline, a ~4.2% yield, and peer tables vs Enbridge, Pembina, Keyera and South Bow on performance, valuation (~25x P/E), dividends and analyst targets (~C$99.57).
Aecon Group (TSX: ARE) analysis: the September 21, 2026 Pickering Nuclear awards, a C$1.75B Aecon share for Q3 backlog, and peer tables vs WSP, Stantec, AtkinsRéalis, Bird and Badger on performance, valuation (~28x fwd P/E), dividends and analyst targets (~C$57).
Air Canada (TSX: AC) analysis: the September 28, 2026 C$800M issuer bid at C$29 retiring ~9.8% of shares, ~0.33x sales, and peer tables vs CPKC, CN, TFI, Exchange Income and Chorus on performance, valuation (~20x P/E) and analyst targets (~C$34.89).
Enbridge (TSX: ENB) analysis: the September 2026 Tallgrass and Salt Creek deals, a C$3B equity raise, a 5.8% yield, and peer tables vs TC Energy, Pembina, Keyera and South Bow on performance, valuation (~26x P/E), dividends and analyst targets (~C$79.83).
TMX Group (TSX: X) analysis: the September 24, 2026 CIBC update on the TM2X C$2B revenue goal, ~53% recurring revenue, and peer tables vs IGM, Onex, Intact, Sun Life and Great-West on performance, valuation (~25x P/E), dividends and analyst targets (~C$65.43).
Cameco (TSX: CCO) analysis: the September 18, 2026 Westinghouse IPO report, a 49% stake worth US$24B+ on paper, and peer tables vs NexGen, Denison, Teck and Agnico Eagle on performance, valuation (153x P/E), dividends and analyst targets (~C$179.61).
Shopify (TSX: SHOP) analysis: the September 21, 2026 Meta Muse checkout deal, 34% Q2 revenue growth, and peer tables vs Constellation Software, Descartes, OpenText, Kinaxis and Lightspeed on performance, valuation (~100x P/E) and analyst targets (~C$198).
TD Bank (TSX: TD) analysis: the record fiscal Q3 reported August 27, 2026, a path to return over C$13B in fiscal 2027, and peer tables vs RBC, BMO, Scotiabank and CIBC on performance, valuation (~18x P/E), dividends and analyst targets (~C$171).
BCE (TSX: BCE) analysis: the September 14, 2026 Saskatchewan AI Fabric MOU, Q2 Cap-X up 41.5% vs free cash flow down 9.5%, and peer tables vs Rogers, TELUS and Quebecor on performance, valuation (~12.5x fwd P/E), dividends and analyst targets (~C$37.70).
Celestica (TSX: CLS) analysis: the 6.6% jump on the September 12, 2026 TSX screener, 46% trailing revenue growth, and peer tables vs Constellation Software, CGI, OpenText and Evertz on performance, valuation (~36x P/E, ~23x forward) and analyst ratings.
TELUS (TSX: T) analysis: the July 31, 2026 dividend reset (−55% to C$0.75 a year), a C$1.8B Q2 loss on a Digital writedown, and peer tables vs BCE, Rogers and Quebecor on performance, valuation (~17x fwd P/E), dividends and analyst ratings.
