In the Money with Amber Kanwar
- Episódios
- 184
- Publicação
- semanal
- Último episódio
- 12 nov 2026
Sobre o podcast
In the Money with Amber Kanwar brings you actionable ideas from top money managers to help you make profitable decisions. As one of Canada’s most recognizable business journalists and the former host of BNN Bloomberg’s Market Call, join Amber as her guests answer your questions on individual stocks and offer their best investment ideas.
Episódios 184
The Death of Canadian Small Caps: What Happens Next?
Canadian small caps have been left for dead. After two decades of disappointing performance, shrinking investor interest, and a steady exodus of institutional capital, is there any reason to believe a comeback …
Notas do episódio
Canadian small caps have been left for dead. After two decades of disappointing performance, shrinking investor interest, and a steady exodus of institutional capital, is there any reason to believe a comeback is coming? Or has the market fundamentally changed for good?
On this episode of In the Money with Amber Kanwar, Jeff Tory, Chair, Partner, Director, Portfolio Manager at Pembroke Management, makes the case that Canadian small caps could be approaching a major turning point. He explains how pension funds and retail investors abandoned the sector, why Canada's pipeline of new public companies has nearly dried up, and what it will take to rebuild a market capable of producing the next Shopify. With valuations deeply discounted, renewed interest in investing in Canada, and the potential for capital to return home, Tory believes the opportunities could be greater than investors realize.
But he's also refreshingly candid about the challenges. Small-cap returns have struggled to keep pace with the broader market, and cheap stocks can stay cheap for a long time. So why stick with them? Tory explains why diversification, disciplined capital allocation, and finding growing businesses with strong insider ownership could make all the difference. He also questions whether investors chasing the AI boom are overlooking compelling opportunities in smaller, profitable companies.
In the Mailbag, Tory weighs in on Cineplex (CGX) and whether its strategic review and a recovering box office could finally unlock value. He explains why the recent selloff in 5N Plus (VNP) hasn't changed his long-term investment thesis, assesses EQB (EQB) following its acquisition of PC Financial, and discusses whether CAE (CAE) is setting up for a successful turnaround.
In Pro Picks, Tory shares three high-conviction Canadian investment ideas. He makes the case for Stingray (RAY.A), a misunderstood media business with growing digital advertising opportunities; AGF Management (AGF.B), where he sees a significant disconnect between the company's valuation and underlying assets; and Western Investment Company (WI), a little-known insurance business he believes has the potential to become a long-term compounder.
Are Canadian small caps a dying asset class, or is this exactly the kind of market investors should be paying attention to?
Timestamps
0:00 Trailer
1:51 Intro
3:12 Why small caps have struggled for two decades
5:15 Privatizations and the shrinking IPO market
6:46 Why Jeff stayed with small caps
8:25 Could capital and interest return to Canada?
9:39 Small caps vs. private markets
11:35 Building a 60-year investment firm
13:51 Small-cap performance and index concentration
15:10 The Montreal small-cap investing community
16:50 What makes a good small-cap investment?
17:57 Jeff’s biggest wins and losses
19:45 Mailbag: Cineplex and a movie-theater comeback (CGX)
26:43 Mailbag: 5N Plus and the space ETF sell-off (VNP)
30:05 Mailbag: EQB’s growth and credit risks (EQB)
36:02 Mailbag: CAE’s turnaround (CAE)
37:41 Pro picks
38:28 Pro pick: Stingray’s connected-TV opportunity (RAY)
44:15 Pro pick: AGF and its private-asset portfolio (AGF.B)
48:00 Pro pick: Western Investment (WI)
51:54 Fairfax and the power of long-term compounding (FFH)
52:54 Closing Bell: family, sports and travel
Sponsors
Thanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd. Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
The Perfect Resource Portfolio: An Outperforming Fund Manager Reveals His Strategy
What does the perfect resource portfolio look like right now? And where are the biggest opportunities in commodities as the economic cycle enters its later stages?On this episode of In the Money with Amber …
Notas do episódio
What does the perfect resource portfolio look like right now? And where are the biggest opportunities in commodities as the economic cycle enters its later stages?
On this episode of In the Money with Amber Kanwar, Benoit Gervais, Managing Director, Portfolio Manager, Co-head of Mackenzie Resources and Energy Evolution Team, shares how he's positioning his resource portfolios after outperforming the broader market and commodity benchmarks. He's dramatically reduced his exposure to gold, increased his bets on energy and economically sensitive commodities, and believes the current expansion still has room to run. But his strategy goes well beyond the obvious trades. From oil and natural gas to copper, steel and cement, Gervais explains where he sees the best opportunities, why the AI buildout could benefit some overlooked industries, and how he's balancing risk and reward in an increasingly unpredictable market.
Gervais also weighs in on the outlook for Canadian energy, why he thinks uranium investors may be getting ahead of themselves, the challenges facing Canadian natural gas producers, and why global diversification is essential for resource investors.
In the Mailbag, Gervais doesn't hold back. He questions Barrick Mining's (ABX) plan to spin off its Nevada assets despite owning the stock, raises concerns about governance at Strathcona Resources (SCR), and explains why he's reduced his exposure to Cenovus Energy (CVE). He also discusses Canadian Natural Resources (CNQ), the opportunity in refiners including Valero (VLO), and why he prefers TotalEnergies (TTE) over Exxon Mobil (XOM).
In Pro Picks, Gervais takes us around the world with three resource stocks he believes offer compelling upside. He makes the case for Brazilian oil producer PetroRio (PRIO3), U.S. LNG exporter Venture Global (VG), which he believes could double or triple over time, and Austrian specialty steel producer voestalpine (VOE), which could benefit from Europe's push to protect its domestic industrial capacity. Three very different companies, all positioned to benefit from the next phase of the global resource cycle.
Timestamps
0:00 Intro
2:07 Welcome: Benoit Gervais on resource investing
3:22 How a team of industry experts looks for value
5:13 Balancing risk, company size and investment style
6:37 What does a resource portfolio look like today?
8:16 Why energy is replacing gold in the portfolio
9:13 Oil outlook: reset or head fake?
11:44 Canadian oil discounts and pipeline access
13:48 Canada's opportunity in critical minerals and LNG
14:52 Uranium: a long-term opportunity, but too early?
16:07 Electrification beyond copper: steel and cement
19:48 Why gold has struggled and what could change
23:32 Canadian gas vs. global prices: pipelines and LNG
25:04 Mailbag: Barrick, Nevada and governance concerns (ABX)
30:25 Gold picks: Endeavour (EDV)
31:40 Mailbag: Strathcona and Canadian energy consolidation (SCR)
34:06 Why they hold Canadian Natural Resources (CNQ)
35:14 Cenovus, refining and capital allocation (CVE)
38:18 Mailbag: refining bottlenecks and Valero (VLO)
41:32 Exxon vs. TotalEnergies (XOM, TOT)
42:43 Oilfield services: where the opportunity is
44:51 Pro picks: Petro Rio, Venture Global and voestalpine (PRIO3, VG, VOE)
56:32 Closing Bell: tennis and birthdays
Sponsors
Thanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd.
Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
The Midterms, the Markets and a Surprising Opportunity in Healthcare
The U.S. midterm elections are over, but what do the results mean for your portfolio? With Washington's political landscape shifting, investors are weighing the implications for stocks and the broader market …
Notas do episódio
The U.S. midterm elections are over, but what do the results mean for your portfolio? With Washington's political landscape shifting, investors are weighing the implications for stocks and the broader market. Could the election results set the stage for the next leg of the rally, and is healthcare emerging as one of the biggest opportunities?
On this episode of In the Money with Amber Kanwar, Paul MacDonald, President & Co-Chief Investment Officer at Harvest ETFs and head of Canada's largest healthcare ETF, explains why the midterms could be a turning point for healthcare stocks. Historically, the broader market has been positive 85% of the time six months after the midterms and 100% of the time one year later. But beyond politics, a bigger shift is underway. As investors rotate away from the crowded AI trade, money is flowing into healthcare, a sector that has spent years out of favour but is now showing signs of a comeback.
With healthcare valuations still attractive and earnings growth expected to accelerate in 2027, MacDonald makes the case for why the rally may just be getting started. He breaks down the impact of shifting U.S. healthcare policy, why medical technology stocks could offer some of the best opportunities and whether pharmaceutical companies can keep outperforming.
In the Mailbag, he weighs in on Pfizer (PFE), Moderna (MRNA), CVS Health (CVS), Bausch Health (BHC), Zoetis (ZTS) and Boston Scientific (BSX), including which beaten-down stocks could recover and which may still be value traps.
In Pro Picks, MacDonald reveals three healthcare stocks he believes offer compelling opportunities: Stryker (SYK), AbbVie (ABBV) and UnitedHealth Group (UNH). He explains why he's sticking with these names despite recent challenges and where he sees the potential for further upside.
Timestamps
0:00 Trailer
2:07 Intro: healthcare’s comeback
4:33 Paul MacDonald on the midterms and healthcare
5:58 Is healthcare still an opportunity?
7:59 Healthcare policy: what could change?
10:45 How government healthcare programs affect insurers
12:16 How the Harvest healthcare fund is managed
13:24 Which healthcare subsectors look most attractive?
14:45 Why the fund lagged the healthcare index
16:29 Healthcare’s role in a diversified portfolio
18:45 Healthcare earnings outlook for 2027
19:17 Mailbag: Pfizer’s pipeline and valuation (PFE)
25:14 Mailbag: Moderna’s cancer-vaccine opportunity (MRNA)
29:06 Mailbag: CVS and the proposed drugstore spinoff (CVS)
32:58 Mailbag: Bausch Health and Zoetis (BHC, ZTS)
37:53 Mailbag: Boston Scientific and MedTech competition (BSX)
41:15 Pro picks: Stryker and robotic surgery (SYK)
44:56 Pro pick: AbbVie after Humira (ABBV)
48:00 Pro pick: UnitedHealth’s turnaround (UNH)
51:49 Closing Bell: Paul’s love of the gym
Sponsors
Thanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd.
Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
“It's Time to Be More Cautious Than Optimistic”: Top Stock Picker's Warning
The AI trade is getting tired, inflation isn't going away, and some of the market's biggest winners may no longer be the best places to invest. Is it time to get defensive? On this episode of In the Money with …
Notas do episódio
The AI trade is getting tired, inflation isn't going away, and some of the market's biggest winners may no longer be the best places to invest. Is it time to get defensive? On this episode of In the Money with Amber Kanwar, top-performing stock picker Lyle Stein, President of Forvest Canada returns with a warning for investors: "This is a time to be more cautious than optimistic."After delivering some of the show's strongest stock picks last year, Stein is taking a more selective approach. He's trimmed his exposure to precious metals, sold Google (GOOGL), and remains deeply skeptical of Canadian banks and big oil producers. He argues that investors should stop chasing stocks at record highs and start looking for quality companies that have fallen out of favour. With the AI trade losing momentum and money rotating into other parts of the market, where will the next opportunities emerge?
Stein explains why he's favouring bonds and dividend income, why he still sees a role for gold despite its recent plunge, and why pipelines offer a more attractive way to play Canadian energy than the major oil producers. He also makes the case for owning AI-related stocks that generate strong cash flow rather than companies spending heavily to build out the technology.In the Mailbag, Stein explains why he's buying the dip in pipeline giant Enbridge (ENB), arguing that its attractive dividend yield and stable cash flows make it a compelling way to invest in Canadian energy without taking on the same risks as oil producers. He also reveals why he recently bought Thomson Reuters (TRI) following the software sector selloff, whether Cameco (CCO) is a buying opportunity after its sharp decline, and why he's steering clear of Canadian oil heavyweights Suncor (SU), Canadian Natural Resources (CNQ) and Cenovus (CVE). Plus, is the selloff in Alamos Gold (AGI) an opportunity or a warning sign for gold investors?
In Pro Picks, Stein revisits last year's successful recommendations, including First Majestic Silver (AG), Sprott and Peyto Exploration (PEY), and explains what he's sold and what he continues to own. He then reveals his latest high-conviction ideas: gold producer Agnico Eagle (AEM), semiconductor company Micron Technology (MU), and target-maturity U.S. Treasury inflation-protected securities ETFs designed to help investors preserve purchasing power.
Timestamps
00:00 Trailer1:55 Welcome, merch store and episode preview
3:52 Lyle Stein returns: cautious after a messy October
5:12 Consumer staples and healthcare: is the trade over?
6:08 Where does money from the AI trade go next?
7:37 Income: stocks vs. bonds and the 8% return target
9:34 Gold: why Lyle trimmed from 25% of portfolios
12:33 Canadian banks: why he doesn't own them
14:32 Is the Canadian market cheap? Canada vs. the US
15:40 ITM Mailbag: Enbridge and the pipelines (ENB
19:11 Interest rates, inflation and the Bank of Canada hike
21:36 Thomson Reuters after the "SaaSpocalypse" (TRI)
25:48 Cameco and uranium (CCO)
28:16 Suncor, CNQ and Cenovus (SU, CNQ, CVE)
31:28 Alamos Gold and how to play gold (AGI)
34:12 Pro picks: check-in on last year's silver trades (AG, SII)
36:34 Why gas names like Peyto outperformed (PEY)
38:02 Vermilion Energy (VET)
40:24 Pro pick: Agnico Eagle (AEM)
42:10 Pro pick: Micron (MU)
47:08 Pro pick: target-date TIPS ETFs
51:42 Closing Bell: soccer with the over-50s
Sponsors
Thanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd.
Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
AI Stocks Are Down 50%. Is This the Buying Opportunity?
Tech stocks have been crushed, but Ivana Delevska believes the worst of the AI sell-off may be behind us. With some AI stocks down 30%, 40% or even 50% from their highs, is this the buying opportunity investors …
Notas do episódio
Tech stocks have been crushed, but Ivana Delevska believes the worst of the AI sell-off may be behind us. With some AI stocks down 30%, 40% or even 50% from their highs, is this the buying opportunity investors have been waiting for? And could the highly anticipated Anthropic IPO reignite the AI trade?
On this episode of In the Money with Amber Kanwar, Ivana Delevska, Founder and Chief Investment Officer of Spear Invest, explains why rising interest rates and forced selling have hammered AI stocks, even as the underlying fundamentals remain strong. She believes most of the damage has already been done and argues that the next phase of the AI boom could deliver significant upside for investors who know where to look. She also weighs in on Anthropic's potential IPO, revealing what valuation would make the AI company attractive and why she's optimistic about its long-term prospects.
But the next winners may not be the same stocks that led the last rally. Delevska explains why she doesn't own Nvidia (NVDA), despite remaining bullish on its outlook, and why she sees greater opportunities in CPUs, optical networking and semiconductor equipment. She makes the case that the rise of AI agents is creating a new wave of demand for computing power, while networking's share of data centre spending could double from 10% to 20%. She also explains why 2027 and 2028 could be particularly strong years for parts of the semiconductor industry.
In the mailbag, Delevska weighs in on whether the sell-off in Meta (META) is overdone, why Microsoft (MSFT) has held up better than Alphabet (GOOGL), and whether CoreWeave (CRWV) is a bargain or a value trap as investors question its debt load and competitive position. She also revisits Marvell Technology (MRVL) and explains why she prefers KLA (KLAC) and Lam Research (LRCX) over ASML (ASML).
In Pro Picks, Delevska reveals three stocks she believes are positioned to benefit from the next leg of the AI trade: Astera Labs (ALAB), Lumentum (LITE) and Arm Holdings (ARM). She also revisits her previous picks, Coherent (COHR), KLA (KLAC) and Arista Networks (ANET), explaining why she continues to hold all three and which one she likes best today.
Timestamps
0:00 Trailer2:06 Intro: tech has been brutal
3:14 Welcome back, Ivana Delevska
3:21 What caused the AI trade sell-off
5:05 Do higher rates slow big AI spenders?
6:29 Financing stress vs. strong fundamentals
7:43 Would you buy the Anthropic IPO?
9:03 Why money is rotating from chips into software
10:37 Is Salesforce a buy?
11:40 Where to be positioned: CPUs, optics, semicap
14:17 Why the Spear Alpha ETF has lagged
16:40 Is AI a bubble?
18:18 Why Ivana doesn't own NVIDIA
19:42 NVIDIA's customer financing and CDS
21:16 Mailbag: Google vs. Microsoft (GOOG, MSFT)
25:33 Mailbag: Is there hope for CoreWeave? (CRWV)
28:41 Mailbag: Why Meta fell after earnings (META)
33:42 Mailbag: Marvell (MRVL)
36:41 Mailbag: ASML, KLA and Lam Research
37:58 Past Pro picks: Arista, Coherent, KLA check-in (COHR, KLAC, ANET)
40:07 New Pro Picks: Astera Labs, Lumentum, Arm (ALAB, LITE, ARM)
42:47 Closing Bell: what do you do for fun?
SponsorsThanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd.
Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
The Great Investment Showdown: Canada vs. The World
Canada vs. The World: Where should investors put their money now? Canadian stocks have outperformed the U.S. over the past year, but after a powerful rally in banks, energy and materials, is there still room to …
Notas do episódio
Canada vs. The World: Where should investors put their money now? Canadian stocks have outperformed the U.S. over the past year, but after a powerful rally in banks, energy and materials, is there still room to run? Or are the better opportunities now overseas? With valuations climbing, bond yields rising and investors questioning the dominance of U.S. equities, the global investment landscape is shifting.
In this special episode of In the Money with Amber Kanwar, recorded in Vancouver, we're staging the great investment showdown with Kevin McSweeney and Matthew Strauss, Co-Heads of Equities at CI Global Asset Management. Kevin makes the case for Canada as a potential turnaround story, while Matthew takes us around the world to uncover opportunities in Europe, Asia and emerging markets. They discuss whether Canada's renewed focus on energy, infrastructure and attracting foreign investment could mark a turning point for the economy—and whether global investors are actually putting money behind the Canadian comeback.
But after a remarkable rally, are Canadian stocks getting too expensive? Kevin explains why he's taking profits in Canadian banks, where he's still finding value in energy and why rising interest rates could actually work in Canada's favour. Matthew makes the case for international diversification, highlighting opportunities in European banks, emerging markets and countries undergoing their own economic transformations.
And what about the biggest investment theme of all—artificial intelligence? With the Magnificent Seven dominating U.S. markets, both managers explore how to invest in the AI revolution beyond Silicon Valley. From Canadian power producers and engineering firms to semiconductor manufacturers in Taiwan and South Korea, they reveal where the next wave of AI investment could create opportunities.
Finally, with U.S. bond yields and the dollar moving higher, could Canada emerge as a relative safe haven for investors? Or will international markets offer better returns in the years ahead?
Timestamps
0:00 Trailer: Canada vs. the world1:51 Welcome from Vancouver
3:57 Meet Kevin McSweeney and Matthew Strauss
4:56 Why Canadian equities outperformed
7:09 International markets: commodities, EM and the AI supply chain
8:58 Financials and energy: are they too expensive?
11:11 Energy at home and abroad: Argentina shale and pipelines
13:43 Trimming Canadian winners and redeploying into laggards
14:35 European banks: Société Générale and UniCredit
20:00 Canada as a turnaround story
23:23 Playing AI in Canada: Celestica, power and engineering firms
27:20 Playing AI internationally: ASML, Korea, Taiwan and Japan
29:16 China's AI race and Alibaba
31:28 Is foreign money really flowing into Canada?
34:28 Emerging markets and rising US yields
35:55 Could Canada be a haven in a US bond tantrum?
37:53 Where to find income
38:19 Closing Bell: what do you do for fun?
Sponsors
This episode is sponsored by CI Global Asset Management. For more information visit: https://www.cifinancial.com/ci-gam/ca/en/index.htmlThanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd. Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
IMPORTANT DISCLAIMERS:
This segment of In the Money with Amber Kanwar with Kevin McSweeney & Matthew Strauss has been paid in part by CI Global Asset Management.
This podcast is provided as a general source of information. The opinion and information provided in this discussion are solely those of the speaker(s) and are not to be used or construed as personal, legal, accounting, taxation or investment advice, or as an endorsement or recommendation of any entity or security discussed or provided by CI Global Asset Management. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF ...
Software Stocks Crashed. This CEO Says the Business Has Never Been Stronger
Is Wall Street getting the AI threat to software stocks all wrong? When fears of a "SaaSpocalypse" sent software stocks plunging, Canadian tech company Kinaxis (KXS.TO) lost roughly 30% of its value. But …
Notas do episódio
Is Wall Street getting the AI threat to software stocks all wrong? When fears of a "SaaSpocalypse" sent software stocks plunging, Canadian tech company Kinaxis (KXS.TO) lost roughly 30% of its value. But according to its new CEO, Razat Gaurav, the business was actually getting stronger. With revenue doubling since 2023 and growing demand from global customers including General Motors, Unilever and Merck, Gaurav believes Kinaxis has the potential to double or even triple in size. He joins Amber Kanwar to explain why AI won't replace the company's supply chain software, how it's using AI to accelerate growth, and why investors may be misunderstanding the future of enterprise software.
Gaurav also discusses the economics of AI, including rising token usage, whether AI companies are subsidizing their products, and the potential for over investment to create another tech bubble. He explains why Kinaxis is increasing R&D spending while maintaining a debt-free balance sheet, how a partnership with Nvidia is making its technology dramatically faster, and what tariffs, geopolitical tensions and global supply chain disruptions mean for customer demand.
Plus, could Kinaxis be headed for a U.S. stock exchange—or become Canada's next big tech takeover? Gaurav addresses plans for a potential U.S. dual listing, acquisition opportunities, takeover speculation and why he believes the company's biggest growth opportunities are still ahead.
Timestamps00:00 Trailer
02:07 Intro
04:05 What Kinaxis Does for Global Companies
07:11 How AI and Changing Consumer Habits Reshape Supply Chains
09:26 A New CEO Meets the “SaaSpocalypse”
11:33 Why Kinaxis’ Business Fundamentals Stayed Strong
14:13 Can You Vibe-Code a Supply Chain Platform?
18:33 What LLMs Can—and Can’t—Do for Enterprise Software
20:30 The Enterprise Tech Stack: Systems of Record, Semantics, and Context
23:10 Why One Merck Change Can Trigger 18,000 Recalculations
26:59 AI, Pricing, and Kinaxis’ Profit Margins
29:31 Why Kinaxis Pricing Isn’t Based on Seats
31:37 Token Maxing: AI Costs, Model Choices, and Productivity
37:36 Why Kinaxis Isn’t Borrowing to Chase Growth
41:57 AI Investment Booms, Bubbles, and Lessons from Tech History
44:22 Stock Market Fears vs. Business Reality
47:48 Kinaxis’ Canadian Roots and Global Business
50:40 Kinaxis’ Plans for a U.S. Dual Listing
51:35 NVIDIA Partnership: Faster Supply Chain Optimization
52:48 Why Kinaxis Is Focused on Organic Growth
59:59 Closing Bell: Hiking, Sailing, Travel, and Wine
Sponsors
Thanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd. Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Forget the S&P 500. Inflation Could Make Canada the Better Bet
Inflation is reshaping global markets, and Canada may be uniquely positioned to benefit. Veteran value investor Kim Shannon, Founder and Co-Chief Investment Officer of Sionna Investment Managers, believes we're …
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Inflation is reshaping global markets, and Canada may be uniquely positioned to benefit. Veteran value investor Kim Shannon, Founder and Co-Chief Investment Officer of Sionna Investment Managers, believes we're only five years into an inflationary cycle that could last another 15 years or longer. History suggests Canadian stocks have a significant advantage in this environment. When inflation rises above 4%, Canada has historically outperformed the U.S. by an average of 8%. After correctly predicting the TSX would outperform the S&P 500 last year, Shannon explains why she believes the golden era for value investing is far from over, why rising bond yields could put pressure on expensive growth stocks, and where she's finding opportunities in Canadian equities despite the market's impressive rally.
In the Mailbag, Shannon weighs in on whether Cenovus Energy (CVE.TO) still has room to run after doubling in value, whether Canadian energy stocks can continue their rally, and if Canadian banks like Bank of Nova Scotia (BNS.TO) and TD Bank (TD.TO) have become too expensive. She also discusses why Fairfax Financial (FFH.TO) could offer significant upside, whether Berkshire Hathaway (BRK.B) remains attractive, the AI disruption fears weighing on engineering firms WSP Global (WSP.TO) and Stantec (STN.TO), and whether rising bond yields are creating opportunities in pipelines and telecom stocks.
In Pro Picks, Shannon reveals three Canadian stocks she believes offer significant upside in an inflationary world. She's sticking with Barrick Mining (ABX.TO), a pick from last year that's already gained 47%, but which she believes remains deeply undervalued thanks to one of the world's most promising gold discoveries. She's also finding opportunity in the wreckage of the AI-driven software selloff, making the case for CGI (GIB.A.TO), and sees a potential turnaround in beaten-down utility Algonquin Power & Utilities (AQN.TO), which she believes could climb from roughly $7 to $12 a share. Plus, we revisit her stellar picks from last year, including Bank of Nova Scotia (BNS.TO), up 52%, and Cenovus Energy (CVE.TO), which has doubled, to see what's behind those gains and whether there's still upside ahead.
Timestamps
0:00 Trailer
2:15 Intro
2:55 Is it still a golden era for value investors?6:27 How inflation affects value stocks and Canadian equities
8:22 Is Canada still cheap after its recent gains?
9:36 Bond yields, stagflation, and market risk
12:48 Value investing, dividends, and income
15:51 ITM Mailbag: Is Cenovus still a buy? (CVE)
19:36 Cenovus, oil supply, and Canada’s energy outlook
22:05 Canadian bank valuations and portfolio positioning (TD, BNS)
26:13 Life insurers and Fairfax (FFH)
29:10 Berkshire Hathaway and Kim’s Warren Buffett story (BRK.B)
33:37 Engineering stocks, AI, and value traps (WSP, STN)
37:11 Pipelines: opportunity or caution?
38:53 Past & Pro Picks: (ABX, GIB.A, AQN)
53:57 The Closing Bell: Kim’s favourite ways to unwind
55:51 Episode wrap-up and what’s next
SponsorsThanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd.
Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Canada Is Finally Waking Up. These Stocks Could Soar
Canada is on the cusp of what could be a generational investment opportunity. After years of underinvestment, billions of dollars are flowing toward infrastructure, defence, energy and data centres—and some of …
Notas do episódio
Canada is on the cusp of what could be a generational investment opportunity. After years of underinvestment, billions of dollars are flowing toward infrastructure, defence, energy and data centres—and some of the biggest beneficiaries may still be overlooked by investors. Andrey Omelchak, President, CEO & CIO at LionGuard Capital, believes Canada's economic transformation is just getting started. After outperforming both the TSX and Nasdaq without relying on big tech or mining stocks, he explains why he's so bullish on Canada's future, where he's finding opportunities and which companies could deliver outsized returns.
In the Mailbag, Andrey weighs in on whether the pullback in 5N Plus (VNP.TO) is a major buying opportunity, whether AI disruption fears are overblown for Stantec (STN.TO) and Lumine Group (LMN.V), and why he's excited about Electrovaya (ELVA.TO) despite its volatility. He also revisits Propel Holdings (PRL.TO) following the collapse in goeasy (GSY.TO), assesses the upside in Mattr (MATR.TO) after its massive rally and explains why he sees more growth ahead for Firan Technology Group (FTG.TO).
In Pro Picks, Andrey reveals three stocks positioned to benefit from a surge in infrastructure, defence and data centre spending: Magellan Aerospace (MAL.TO), Enerflex (EFX.TO) and Badger Infrastructure Solutions (BDGI.TO). He also revisits his previous picks, including Calian Group (CGY.TO), Canaccord Genuity (CF.TO) and Bird Construction (BDT.TO), which has surged 155% since his last appearance. Is there still upside, or is it time to take profits?
Timestamps
00:00 Trailer01:55 Intro
03:32 Investing Beyond the Broad Market
04:08 How Andrey Chooses Investment Themes
06:08 The Evidence Behind Canada’s Infrastructure Shift
07:44 Is the Opportunity Still Under the Radar?
09:23 Separating Investment Hype from Data
12:26 ITM Mailbag: 5N Plus: Critical Metals and Space (VNP)
15:44 Stantec: AI Fears and Valuation (STN)
18:10 Electrovaya: Batteries, Data Centers, and Growth (ELVA)
23:48 Lumine Group: AI Risks and Compounding (LMN)
30:44 Propel Holdings: Why It’s Different from GoEasy (PRL)
36:28 Matter: Infrastructure Demand and Recovery (MATR)
38:06 Firan Technology : Aerospace and Defense Demand (FTG)
41:00 Andrey’s Past & Pro Picks (CGY, BDT, CF, MAL, EFX, BDGI)
60:04 Closing Bell: Family Time and Road Trips
Sponsors
Thanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd. Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
He Got Canadian Energy Right. Here's What He's Saying Now
Cole Smead got Canadian energy right when few investors wanted anything to do with the sector. Now, after some of his biggest stock picks have delivered enormous returns, is there still money to be made? Cole …
Notas do episódio
Cole Smead got Canadian energy right when few investors wanted anything to do with the sector. Now, after some of his biggest stock picks have delivered enormous returns, is there still money to be made?
Cole was one of the top-performing stock pickers in our mid-year review, claiming both the number one and number three spots thanks in large part to his winning Canadian energy bets. Now, he returns to explain why he believes the Canadian oil trade is far from over, even after a massive rally. While some of the biggest bargains in Canadian energy have disappeared, Smead believes the sector still has significant upside. But investors looking for the next big payoff may need patience rather than chasing quick gains.He breaks down why Cenovus Energy (CVE.TO) remains one of his highest-conviction holdings, what its acquisition of Athabasca Oil (ATH.TO) reveals about the value of Canadian oil sands assets, and why he thinks consolidation could eventually leave Canada with just three major oil producers. He also weighs in on the widening discount for Canadian crude, the outlook for oil prices amid geopolitical tensions, and why he's avoiding the AI spending boom in favour of businesses generating enormous free cash flow. Plus, why this outspoken American investor is expanding his business into Canada.
In the Mailbag, Cole answers viewer questions about whether Athabasca Oil (ATH.TO) could attract a competing bid, whether Canadian Natural Resources (CNQ.TO) is falling behind its peers, and whether there's more upside in Whitecap Resources (WCP.TO) following its Veren acquisition. He also shares his outlook for Tamarack Valley Energy (TVE.TO), Baytex Energy (BTE.TO), Strathcona Resources (SCR.TO), and Birchcliff Energy (BIR.TO), explaining where he sees opportunities, where he's cautious, and why capital allocation matters more than ever.
In Pro Picks, Cole revisits his previous recommendations, including Strathcona Resources (SCR.TO), Pandora (PNDORA.CO) and West Fraser Timber (WFG) before revealing three investment ideas: International Petroleum (IPCO.TO), a Canadian energy company with ambitious oil sands growth plans; Barclays (BARC.L), a European bank he believes could benefit from improving profitability and industry consolidation; and Auto Trader Group (AUTO.L), a beaten-down British business where he sees a potential opportunity for patient investors.
Vote for us! https://vote.signalaward.com/PublicVoting#/2026/shows/genre/money-finance
Timestamps
0:00 Trailer
2:03 Intro
3:22 Cole Smead on expanding into Canada
5:38 Speaking candidly about Canadian investing
7:58 The H&R REIT deal and shareholder value
11:37 Cole’s investment approach and portfolio
13:10 Why he avoids big tech and capex cycles
15:44 Canadian oil prices and pipeline constraints
18:37 ITM Mailbag: Athabasca takeover offer, is another bid coming? (ATH)
25:27 Greenfire, Strathcona, and oil consolidation
28:03 Canadian Natural Resources and capital allocation (CNQ)
30:22 Whitecap, gas assets, and oil investments (WCP)
38:33 Tamarack Valley: patience and returns (TVE)
39:55 Baytex Energy (BTE)
43:17 Enbridge, and pipelines
46:18 Birchcliff and the gas business
48:00 Cole’s past picks: Strathcona, Pandora, West Fraser (SCR, PNDORA, WFG)
1:00:17 Cole’s Pro Picks: International Petroleum, Barclays, Auto Trader (IPCO, BARC, AUTO)
1:17:58 Closing Bell: Cole’s hobbies and closing conversation
SponsorsThank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
“Big Short” Investor Steve Eisman Isn’t Calling a Crash—But He Sees One Big Risk
Steve Eisman made his name betting against the housing market before the Global Financial Crisis—a trade immortalized in The Big Short. So when he sees risk building in the market, investors pay attention. But …
Notas do episódio
Steve Eisman made his name betting against the housing market before the Global Financial Crisis—a trade immortalized in The Big Short. So when he sees risk building in the market, investors pay attention. But this time, Eisman isn’t predicting another crash. In fact, he’s net long.
In this episode of In the Money with Amber Kanwar, Eisman explains why he remains cautiously bullish, even as he warns that the market has become dangerously dependent on one story: AI. He argues the S&P 500 is far less diversified than investors think, with much of the market now directly or indirectly tied to the AI buildout. He breaks down the extraordinary concentration he sees from NVIDIA (NVDA) to the hyperscalers to OpenAI and Anthropic—and what could cause that chain to unravel.
Eisman also weighs in on rising interest rates, why he believes U.S. banks are safer than they’ve been in decades, and why he isn’t worried about America’s massive government debt. And he revisits one of his more infamous calls on Canada: his bet against Canadian banks. Eisman admits he was wrong, explains why his bearish housing thesis never played out as expected, and says Canada’s oligopolistic banking system has helped keep its banks safe—even as Canadian housing now faces a significant pullback.
Plus, in Pro Picks, Eisman shares his high-conviction ideas: NVIDIA (NVDA), which he continues to own as long as the AI story holds together, and Eli Lilly (LLY), which he believes has won the weight-loss drug war. He also reveals why he closed his hugely successful short position in FICO (FICO) after the stock plunged roughly 60%—and teases another short he isn’t ready to reveal just yet.
Vote for us! https://vote.signalaward.com/PublicVoting#/2026/shows/genre/money-finance
Timestamps
0:00 Trailer02:07 Introducing Steve Eisman
03:32 “The Big Short” guy
04:57 Is the market headed for trouble?
05:42 The S&P 500’s hidden concentration risk
07:32 What could derail the AI boom?
08:24 The AI investment chain: Nvidia to OpenAI
11:34 AI competition, government, and China
12:48 Can AI spending earn a return?
14:11 Why Eisman owns Nvidia despite the risks
15:19 AI’s compelling story—and its cash burn
18:00 What the bond market is signaling
19:18 Why the market is so narrow
20:12 Housing stocks and interest rates
21:44 Are U.S. banks safe?
22:22 Private credit: waiting for loan defaults
23:06 Eisman admits he was wrong about Canadian banks
24:19 Commodities, oil, and inflation
25:47 Short positions and lessons from the 2008 crisis
28:16 U.S. debt, Treasuries, and the dollar’s role
30:52 Pro Picks: Eisman’s high-conviction stock ideas (NVDA, LLY)
31:53 Why Eisman closed his FICO short
32:41 Eisman’s “Iceman Playbook”
33:04 What Steve Eisman does for fun
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
The S&P 500 Is Hiding a Much Uglier Market
Mike Vinokur thinks a market washout could be just two to four weeks away—and that may be the time to buy. The Portfolio Manager & Senior Wealth Advisor at Propellus Wealth Partners with iA Private Wealth has …
Notas do episódio
Mike Vinokur thinks a market washout could be just two to four weeks away—and that may be the time to buy. The Portfolio Manager & Senior Wealth Advisor at Propellus Wealth Partners with iA Private Wealth has raised cash to nearly 30% in his growth portfolio as the S&P 500’s double-digit gain masks a much uglier market underneath. High-quality stocks are down 20%, 30% and even 40%, and Mike joins Amber Kanwar to explain why he thinks more pain could be coming before a potentially compelling buying opportunity emerges. He also breaks down the impact of higher-for-longer interest rates and why he’s cautious on parts of the AI trade.
In the Mailbag, Mike weighs in on the pullback in U.S. banks and explains why he prefers life insurers over expensive Canadian banks. He looks at whether Blackstone (BX), KKR (KKR) and Brookfield (BN) have fallen far enough to become attractive, whether McDonald’s (MCD) is finally getting cheap enough to buy and what Berkshire Hathaway may see in Lennar (LEN). Plus, after a 75% collapse in Fair Isaac (FICO), is the stock finally an opportunity—or still a falling knife?
In Pro Picks, Mike revisits his past ideas Alphabet (GOOGL), Air Lease and Lincoln National (LNC), including why he sold Google after a massive run but continues to own Lincoln National. His new picks are Amazon (AMZN), Uber (UBER) and Talen Energy (TLN), as he looks for businesses with strong fundamentals, attractive valuations and enough margin of safety to weather a more challenging market.
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Timestamps
0:00 Trailer
2:08 Intro
4:01 Why the average stock is struggling
7:10 A washout is coming in the next 2-4 weeks
10:17 High interest rates and the bond market
13:11 How Mike approaches AI stocks
15:44 U.S. banks: correction or opportunity?
19:56 Why Mike is avoiding Canadian banks
22:05 Private equity, KKR, and valuation (BX, KKR, BN)
27:27 Is McDonald’s a value opportunity? (MCD)
32:26 Why Berkshire is buying LENNAR (LEN)
34:47 Toll Brothers and timing the housing market (TOL)
38:44 FICO, Equifax, and regulatory risk (FICO)
43:01 Mike’s past picks: Google, Lincoln National and Air Lease (GOOGL, LNC)
50:00 New picks: Amazon, Uber and Talen Energy (AMZN, UBER, TLN)
63:28 Closing bell: salsa dancing and travel
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Is Real Estate Dead Money? This Investor Says Absolutely Not
Rising interest rates have punished real estate stocks and left investors wondering: Is real estate dead money?Jeff Olin, President & CEO and Portfolio Manager at Vision Capital Corporation, says absolutely …
Notas do episódio
Rising interest rates have punished real estate stocks and left investors wondering: Is real estate dead money?
Jeff Olin, President & CEO and Portfolio Manager at Vision Capital Corporation, says absolutely not. While higher rates matter, he argues that supply and demand ultimately matter more—and that today’s disconnect between public and private real estate markets is creating opportunities. With billions of dollars of private capital still looking for deals, Olin expects the wave of M&A in real estate to continue.
Olin explains why Vision has increased its net long exposure, where he sees the best supply-and-demand fundamentals and why investors need to stop treating real estate as one homogeneous sector. He breaks down the strength in grocery-anchored retail, why he’s becoming more constructive on industrial real estate again and where he sees opportunities in apartments, seniors housing and data centres.In the Mailbag, Olin tackles the controversial proposed transaction involving H&R REIT (HR.UN) and GO Residential REIT (GOR.UN), including why both stocks fell after the deal was announced, the potential value he still sees in GO and the questions surrounding H&R’s process and governance. He also revisits Allied Properties REIT (AP.UN) after warning about the company on his last appearance. Following a major distribution cut and equity raise, Olin argues Allied still has a distribution problem and says he would eliminate the dividend entirely—even as he acknowledges the company owns some great real estate.
Plus, Olin weighs in on Dream Office REIT (D.UN), BSR REIT (HOM.U), Mainstreet Equity (MEQ), Nexus Industrial REIT (NXR.UN) and Plaza Retail REIT (PLZ.UN), including which names he thinks offer genuine value—and which apparent bargains could still be value traps.Before revealing his new Pro Picks, Olin revisits last year’s picks: Dream Industrial REIT (DIR.UN), First Capital REIT (FCR.UN) and Chartwell Retirement Residences (CSH.UN). First Capital was ultimately acquired after Olin had argued that its grocery-anchored portfolio was significantly undervalued, while Dream Industrial and Chartwell remain names he likes.
For this year’s Pro Picks, Olin returns to Chartwell Retirement Residences (CSH.UN), pointing to powerful demographic tailwinds, limited new supply and rising occupancy. He also picks Brookdale Senior Living (BKD), the largest operator of retirement communities in the U.S., where he sees an occupancy and management turnaround story, and Csquare (CSQR), a newly public data-centre company he calls a “screaming value” with exposure to the less-hyped co-location side of the data-centre boom.
Timestamps
00:00 Trailer
02:15 Intro
03:20 Is Real Estate dead money?
05:23 U.S. REIT Balance Sheets and Debt
06:42 Canadian REITs: Valuations and Leverage
08:09 Why Vision Capital Is Net Long
09:32 Real Estate M&A and Takeover Premiums
11:01 How Higher Rates Affect Deal Flow
11:47 Cap Rates Explained
12:59 Why Retail Real Estate Is Not One-Size-Fits-All
13:27 The Case for Grocery-Anchored Retail
15:24 Slate Grocery REIT: What Went Wrong?
16:39 Why the Slate Deal Angered Investors
18:57 ITM Mailbag: H&R REIT and GO Residential: The Deal Explained (GO.U, HR.UN)
27:32 Dream Office REIT and BSR REIT (D.UN, BSR)
33:21 Main Street Equity’s Long-Term Growth Story (MEQ)
37:41 Nexus Industrial REIT and Data Centre Claims (NXR)
39:19 Allied Properties: Governance and Capital Allocation
44:11 Should Allied Properties Eliminate Its Dividend? (AP.UN)
46:17 Plaza REIT and Potential M&A (PLZ.UN)
48:49 Jeff’s Past & Pro Picks ( DIR.UN, FCR.UN, CSH.UN, BKD, CSQR)
62:59 Closing Bell: Jeff Olin on Skiing and Family
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
The Energy Trade Isn’t Over, It’s Changing: What to Buy Now
The energy trade has already delivered big gains—but David Szybunka says the cycle is far from over. The opportunity is simply changing.David Szybunka, Senior Portfolio Manager & Managing Director of the Energy …
Notas do episódio
The energy trade has already delivered big gains—but David Szybunka says the cycle is far from over. The opportunity is simply changing.
David Szybunka, Senior Portfolio Manager & Managing Director of the Energy Team at Canoe Financial, joins Amber Kanwar to explain why he believes energy has entered the “optimism” stage of a much longer cycle. After large-cap oil producers led the rally, Szybunka is becoming more selective, finding better value in natural gas, mid-cap producers and oilfield services. He argues investors are too focused on today’s oil price and not enough on the structural forces reshaping the sector—from geopolitical risk and energy security to surging power demand from AI.
Szybunka also sees the ingredients for another wave of M&A. Canadian energy companies are generating significantly more cash, debt has fallen and valuations are increasingly diverging—creating opportunities for companies with stronger balance sheets to go shopping. He explains why owning long-life resources could become increasingly valuable as capital returns to the sector.
In the Mailbag, Szybunka weighs in on the outlook for Canadian natural gas and potential M&A opportunities, including Birchcliff Energy (BIR.TO), Advantage Energy (AAV.TO) and Kelt Exploration (KEL.TO). He also tackles West White Rose and what it could mean for Cenovus Energy (CVE.TO) and Suncor Energy (SU.TO), the Tamarack Valley Energy (TVE.TO)–Headwater Exploration (HWX.TO) merger and its Tributary Exploration spinout, Abaxx Technologies (ABXX.NE) following its dramatic selloff, and the outlook for oilfield services.
In Pro Picks, we first revisit Szybunka’s picks from his last appearance—and several were big winners. CES Energy Solutions (CEU.TO) gained 65%, Tamarack Valley Energy (TVE.TO) rose 84% and Headwater Exploration (HWX.TO) climbed 60%, while PrairieSky Royalty (PSK.TO) gained 30%. Tourmaline Oil (TOU.TO), however, returned just 4%—and Szybunka is bringing it back as a pick. He explains why he thinks North American natural gas resources are mispriced, why Tourmaline could be vulnerable to a bid, and why he also likes Athabasca Oil (ATH.TO) and SLB (SLB) as the energy cycle evolves.
Timestamps
00:00 Trailer
02:30 Intro
03:40 David Szybunka returns04:26 Geopolitics, AI, and the energy demand outlook
06:34 Is energy entering an optimism wave?
09:54 Capital returning to Canadian energy
11:39 Canada’s changing energy investment climate
13:05 Large caps vs. overlooked intermediates
15:38 Why energy M&A could accelerate
17:50 Why David prefers large-cap natural gas
18:00 Oil supply shocks vs. long-term demand
20:37 How to invest during an oil shock
21:37 Natural gas, power demand, and global scarcity
24:29 The case for thinking in energy cycles
26:56 LNG, natural gas, and where David sees opportunity
30:04 West White Rose and the large-cap outlook
32:59 Growth, shareholder returns, and the cycle
34:40 Who could become an energy-sector acquirer?
35:49 Tamarack–Headwater merger and the Tributary spinout
38:14 ABAX Technologies: David’s investment view
43:51 Oilfield services and the global spending cycle
47:31 Tourmaline: why David sees natural gas value
54:40 Athabasca, Tamarack, and long-life resources
58:51 SLB and the case for global energy spending
63:04 Closing Bell: life beyond the markets
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Billion Dollar Fund Manager is Getting Defensive- Here Are 10 Stocks He Still Likes
Caution isn’t stopping Gordon Reid from finding opportunities. The President & Chief Investment Officer of Goodreid Investment Counsel Corp. is getting more defensive as markets contend with higher interest …
Notas do episódio
Caution isn’t stopping Gordon Reid from finding opportunities. The President & Chief Investment Officer of Goodreid Investment Counsel Corp. is getting more defensive as markets contend with higher interest rates, inflation and geopolitical uncertainty—but he’s not taking his chips off the table. One of the biggest changes is in financials. When Reid joined us last year, he was all-in on the sector, making Goldman Sachs, Morgan Stanley and Jackson Financial all three of his Pro Picks. After big gains, he’s now trimming that exposure, cutting Goldman Sachs by roughly a third and Morgan Stanley by 25%. Reid explains why taking profits can be an important defensive move, where he’s redeploying that money—including Verizon and healthcare—and walks us through 10 stocks he still likes as he looks for opportunities in a more challenging market.
In the Mailbag, Reid weighs in on Nvidia (NVDA) and Qualcomm (QCOM) after the recent volatility in semiconductors, whether Lululemon (LULU) has fallen enough to become attractive, and the turnaround at Citigroup (C). He explains why he prefers General Motors (GM) over Ford (F), why Costco (COST) is still too expensive for him, why he’s staying away from Netflix (NFLX) but likes his exposure to YouTube through Google (GOOGL), and how he manages the risk of owning high-flying CrowdStrike (CRWD).
Plus, as we mentioned, Reid’s past Pro Picks—Goldman Sachs (GS), Morgan Stanley (MS) and Jackson Financial (JXN)—have gained roughly 40%, 45% and 60%, respectively, since his last appearance. His three fresh Pro Picks are tied to the AI infrastructure buildout: Ciena (CIEN), EMCOR Group (EME) and MasTec (MTZ). Reid explains why their recent pullbacks could represent an opportunity and why he believes the AI buildout can continue even if the pace of spending slows.
Timestamps
00:00 Trailer
02:13 Intro
03:33 Interest rates, oil prices, and inflation
05:43 Is the U.S. market too expensive?
08:19 How high can interest rates go?
09:37 AI spending and the race for capital
10:42 Is AI threatening financial stocks?
12:05 Why Gordon trimmed financials
13:34 Why Verizon is the new defensive position
14:02 How to defend a portfolio without selling everything
15:07 Why Gordon is adding to healthcare
17:11 The AI impact on tech valuations
20:23 ITM Mailbag: Is it time to buy semiconductor stocks?
21:12 Qualcomm’s role in the AI trade (QCOM)
22:41 Is NVIDIA becoming a more stable investment? (NVDA)
24:13 Why Gordon is avoiding Lululemon (LULU)
27:56 Why Citi remains a turnaround opportunity (C)
30:46 GM vs. Ford: Which stock does Gordon prefer? (GM, F)
34:15 Is Costco still too expensive? (COST)
36:16 Can Netflix recover? (NFLX)
39:08 Is CrowdStrike still worth buying? (CRWD)
44:07 Gordon’s Past & Pro Picks: GS, MS, JXN, CIEN, EME, MTZ
52:10 The Closing Bell: Gordon’s favourite ways to unwind
53:54 Closing thoughts and next episode
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Rates Are Going Up. Are Canadian Dividend Stocks Still Safe?
In a world of higher rates, stubborn inflation and expensive U.S. stocks, Canada just might be your safest bet. Ryan Bushell, CEO & Portfolio Manager at Newhaven Asset Management, invests in Canadian …
Notas do episódio
In a world of higher rates, stubborn inflation and expensive U.S. stocks, Canada just might be your safest bet.
Ryan Bushell, CEO & Portfolio Manager at Newhaven Asset Management, invests in Canadian dividend-paying companies—and his portfolio is up 18% so far this year. He joins Amber to explain why he thinks Canada is well positioned in this environment, why infrastructure and energy remain at the heart of his portfolio, and why he sees little reason to chase the U.S. market at current valuations.
In the Mailbag, Ryan tackles one of the market’s most beaten-down dividend stocks, TELUS (T.TO), and explains why he’s sticking with it despite the selloff. He also weighs in on Aecon (ARE.TO), WSP Global (WSP.TO), Dollarama (DOL.TO), Canadian REITs and CCL Industries (CCL.B.TO)—including which names he owns, which ones he’s watching and what would finally make him buy.
Plus, we check in on Ryan’s past Pro Picks: Pembina Pipeline (PPL.TO), Brookfield Infrastructure Partners (BIP.UN.TO) and ARC Resources (ARX.TO), which was acquired by Shell (SHEL). Ryan explains why he still sees more opportunity ahead for Pembina, why he likes Brookfield Infrastructure after its recent pullback, and why ARC’s takeover was bittersweet—delivering a gain, but taking away a company he would have been happy to own for decades. Then he reveals his latest Pro Picks: Tourmaline Oil (TOU.TO), Enbridge (ENB.TO) and AltaGas (ALA.TO), three companies positioned around his conviction that Canada has a much bigger role to play supplying energy to the world.
Timestamps
00:00 Trailer
02:26 Intro
03:53 Rising Interest Rates and Dividend Stocks
04:29 How Tech Debt Is Pushing Rates Higher
06:06 Could the US 10-Year Treasury Pass 5%?
07:21 Why Canada Still Looks Attractive
08:29 The Strategy Behind the Outperformance
09:26 Why Infrastructure Stocks Could Lead
11:09 Is Infrastructure Still a Buffer Against Rising Rates?
12:04 Why Canadian Investors Are Avoiding the US
12:17 Life Insurance Stocks vs. Banks
14:15 Why Ryan Doesn’t Sell Often
17:27 ITM Mailbag: Can TELUS Recover? (T)
26:00 Is Aecon Still a Buy? (ARE)
28:43 Is WSP’s AI Risk Overblown? (WSP)
31:15 Is Dollarama Still a Long-Term Investment? (DOL)
34:30 Are REITs Worth Buying?
38:16 What Does Ryan Think About CCL Industries? (CCL)
40:48 Past & Pro Picks: PPL, BIP, TOU, ENB, ALA
52:56 Closing Bell: Coaching Hockey and Family Life
54:24 Final Thoughts and Episode Outro
Sponors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Why One of the World’s Biggest Gold Miners Is Doubling Down on Canada
One of the world’s largest gold producers is ready to invest more in Canada.Fresh off the Canada Investment Summit, Amber Kanwar sits down with Ammar Al-Joundi, President & CEO of Agnico Eagle Mines Limited …
Notas do episódio
One of the world’s largest gold producers is ready to invest more in Canada.
Fresh off the Canada Investment Summit, Amber Kanwar sits down with Ammar Al-Joundi, President & CEO of Agnico Eagle Mines Limited, for a wide-ranging conversation about Canada’s changing investment climate, the outlook for gold and why he believes this could be a pivotal moment for the country’s resource sector.
Al-Joundi says Agnico Eagle is already spending more in Canada—and that recent changes have given the company greater confidence to deploy capital here. He discusses the company’s US$2.5 billion investment at Hope Bay in Nunavut, the potential impact of faster project reviews and why jurisdictional certainty has become increasingly valuable to global investors.
They also dig into what has made Agnico Eagle stand out in the gold industry, from its focus on politically stable mining regions to its balance-sheet discipline and what Al-Joundi calls the company’s “culture of the heart.” He explains why Agnico prioritizes growth on a per-share basis, how it plans to increase production by roughly 20 to 30 percent into the early-to-mid 2030s, and why acquisitions remain a selective part of the strategy.
Plus, Al-Joundi explains why he remains constructive on gold despite its recent pullback, why he views himself as a “hard asset bug” rather than a gold bug, whether the Bank of Canada could ever buy gold again, and why Agnico Eagle sees a major opportunity in Canadian critical minerals.
It’s a conversation about gold, growth and whether Canada’s resource sector is entering a new era.
Timestamps00:00 Trailer
01:42 Intro
04:07 Agnico Eagle CEO on What the Investment Summit Meant for Canada
04:56 Why Jurisdiction Matters to Investors
07:31 Canada’s Economic Shift
09:12 The Sea Change in Government Support
11:20 Mining, Defense, and Nunavut Infrastructure
14:09 Can Canada Approve Projects in One Year?
16:05 Will New Policies Drive More Investment?
18:32 What Still Needs to Change in Canada
20:28 Why Agnico Eagle Has Outperformed
22:03 The Culture Behind Agnico Eagle’s Success
24:17 A Regional Strategy for Long-Term Growth
26:00 Agnico Eagle vs. Barrick’s Strategy
27:04 The Lessons of Mining’s Boom-and-Bust Cycles
29:33 What’s Driving Gold Prices?
34:01 Could the Bank of Canada Buy Gold Again?
35:07 Managing Inflation and Rising Mining Costs
39:39 Agnico Eagle’s Production Growth Plans
41:48 Will Agnico Eagle Make More Acquisitions?
43:09 The Best Mining Regions in the World
46:25 Agnico Eagle and Critical Minerals
49:18 Financing Canada’s Resource Future
51:17 The CEO’s Hobby Farm
52:02 Closing Thoughts
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
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DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
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Dan Niles: AI Won’t Kill Us—But Some AI Stocks Won’t Survive
Dan Niles doesn’t think AI wiping out humanity is a likely outcome—but he does think the technology could wipe out plenty of stocks. The Founder & Portfolio Manager of Niles Investment Management joins Amber …
Notas do episódio
Dan Niles doesn’t think AI wiping out humanity is a likely outcome—but he does think the technology could wipe out plenty of stocks. The Founder & Portfolio Manager of Niles Investment Management joins Amber Kanwar at a moment of peak AI anxiety to separate the existential fears from the very real investment risks. Niles believes AI is the biggest technological revolution since the internet and that agentic AI is still in its early stages, but he also sees warning signs in slowing AI spending growth, data-centre push-outs and increasingly aggressive assumptions about how long the boom can last.
He also weighs in on the battle among the biggest names in AI, including Google, Meta and the frontier model companies, and explains why the next phase of the revolution could produce a very different group of winners and losers. Niles makes the case for Meta as an AI comeback story, explains why Nvidia may be in a different category from some of the more speculative AI infrastructure plays, and warns that investors shouldn’t assume every stock will simply bounce back if the market turns.
In the mailbag, Niles tackles Snowflake (SNOW), Marvell Technology (MRVL), Celestica (CLS), Nebius Group (NBIS), Nvidia (NVDA), Amazon (AMZN) and SpaceX. He explains why he isn’t convinced Snowflake will escape AI disruption, why he prefers Marvell to Celestica, why the neo-clouds could be among the first casualties if AI spending slows, and how Amazon’s strength in robotics could reshape its long-term investment case. He also explains why, despite being a huge believer in Elon Musk and the future of space, valuation and cash flow make SpaceX difficult for him to own.
In Pro Picks, one idea makes a return appearance: cash. Niles picked cash alongside Cisco Systems (CSCO), Microsoft (MSFT) and Nvidia (NVDA) when he last appeared in May 2025, and this time he puts cash at the very top of his list as growing market risks make patience more valuable. He also likes Meta Platforms (META), where a lower valuation, improving AI models and new ways to monetize its AI spending have made the risk-reward more attractive. And he’s bullish on Apple (AAPL), where he believes product-focused leadership and the arrival of a foldable iPhone could finally spark a major new upgrade cycle next year. Niles also revisits Cisco, Microsoft and Nvidia from his past picks, including why Cisco’s position at the centre of networking infrastructure could continue to benefit as companies build out their own AI systems.
Timestamps
00:00 Trailer
2:15 Intro
03:37 Dan Niles on AI Risk
08:35 What Slower AI Spending Means for Semiconductors
10:49 Is the AI Boom Turning Into a Bubble?
13:58 Open-Source AI vs. Frontier Models
16:27 The AI Shakeout: Who Will Survive?
19:34 Why Dan Is Bearish on the Market
21:01 Bonds, Debt, and the Risk of a Major Sell-Off
28:14 Why Credit Markets Matter for Big Tech
30:51 Dan Niles’ Changing View on Google
35:55 ITM Mailbag: Snowflake stock (SNOW) and the Software Sector
40:46 Marvell & Celestica (MRVL, CLS)
45:50 Nebius & NVIDIA (NBIS, NVIDA)
51:58 Is Amazon Still a Long-Term AI Play? (AMZN)
54:23 Should You Buy the Dip in SpaceX? (SPCX)
57:43 Past & Pro Picks: CASH, CSCO, NVDA,MSFT, META, AAPL
68:17 Closing Bell: Chess and Chinese Dramas
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
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DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
JF Tardif: “We’re Definitely Ready” If Markets Turn Ugly
Tariffs are dominating the headlines, but they’re not the biggest risk Jean-François Tardif sees for investors. The President of Timelo Investment Management is cautious on the economy, skeptical that the …
Notas do episódio
Tariffs are dominating the headlines, but they’re not the biggest risk Jean-François Tardif sees for investors. The President of Timelo Investment Management is cautious on the economy, skeptical that the massive AI spending boom can last and actively positioning for downside.
He explains why he’s short Canadian banks and semiconductors, using puts on the S&P 500 and Nvidia, and preparing his portfolio for what could happen when AI spending eventually rolls over. At the same time, Tardif remains net long equities through gold and oil, explains why he sees gold stocks as significantly more attractive than copper right now and tells us his top gold stock. He also weighs in on the controversial H&R REIT deal, why he calls it a “take-under” and why he’s been buying more shares even as he considers voting against it.
In the mailbag, Tardif goes in depth on the Canadian banks and explains why taking profits in a tax-free account is a 'no-brainer'. He also talks CAE (CAE), Toromont Industries (TIH), goeasy (GSY) and Propel Holdings (PRL), Champion Iron (CIA), Village Farms International (VFF) and Magna Mining (NICU). Plus, he explains why he’s bearish on parts of the economy, what insider selling can tell investors and where he’s finding opportunities in beaten-down sectors.
In Pro Picks, Tardif revisits last year’s ideas, including Total Energy Services (TOT), which has roughly tripled since his appearance, Calian Group (CGY), up more than 50%, and H&R REIT (HR.UN). Then he reveals three new ideas: Adentra (ADEN), a cash-generating consolidator he believes is cheap even without a housing recovery; Colliers International (CIGI), a former market darling hit by fears over AI and commercial real estate; and Dutch Bros (BROS), a fast-growing coffee chain he believes has the potential to multiply its store count over time.
Subscribe, like and comment for a chance to win some In the Money swag, and now you can buy some merch at our new store! Check it out! https://inthemoneypod.myshopify.com/
Timestamps
00:00 Trailer02:17 Introducing JF Tardif
04:17 Canada, the US, and rising tariff tensions
07:54 The AI trade and the risk of peak spending
10:18 Why gold may be more attractive than copper
11:24 Hedging with shorts and put options
13:01 JF’s high conviction gold ideas
14:40 The H&R REIT take under
19:43 Mailbag begins
21:16 Are Canadian banks too expensive and JF’s short process
28:30 CAE stock (CAE)
30:31 Toromont Industries stock (TIH)
32:47 Go Easy, Propel, and consumer lending risks (GSY, PRL)
34:13 Champion Iron stock (CIA)
36:27 Village Farms stock (VFF)
39:03 Magna Mining (NICU)
40:26 Past & Pro Picks ( TOT, CGY, HR.UN, ADEN, CIGI, BROS)
52:55 The Closing Bell: Golf, snowmobiling, and the closing bell
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, market analysis, and timely investing insights. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers and financial experts. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Rick Rule: Commodity Weakness Is Coming—Here’s What to Buy
Legendary commodity investor Rick Rule sees weakness coming for natural resources and thinks investors should be ready to take advantage. In this special season premiere episode, he's here to tell you what he's …
Notas do episódio
Legendary commodity investor Rick Rule sees weakness coming for natural resources and thinks investors should be ready to take advantage. In this special season premiere episode, he's here to tell you what he's buying.
Rick Rule, President and CEO of Rule Investment Media, joins In the Money with Amber Kanwar to kick off a new season with his outlook for gold, oil and natural resource stocks. While higher interest rates and a stronger U.S. dollar could weigh on commodities through the rest of 2026, Rule remains firmly bullish over the longer term—and says a pullback could put the assets he wants to own “on sale.”
He explains why he believes declining purchasing power and negative real interest rates could ultimately propel gold higher, and why years of underinvestment could leave the oil market facing a structural supply shortage by the end of the decade.
In the mailbag, Rule tackles viewer questions on Abaxx Technologies (ABXX), Nations Royalty (NRC), International Petroleum (IPCO), Athabasca Oil (ATH), Dundee Corporation (DC.A), Vizsla Silver (VZLA), Solaris Resources (SLS), Copper Giant Resources (CGNT) and Alphamin Resources (AFM)—digging into everything from management and valuation to geopolitical risk and the enormous potential rewards that can come with it.
And in Pro Picks, Rule revisits last year’s ideas—including Sprott (SII), Exxon Mobil (XOM) and the former EMX Royalty, now part of Elemental Royalty (ELE)—and reveals three stocks he likes now across the risk spectrum: Agnico Eagle Mines (AEM), Equinox Gold (EQX) and speculative play Talon Metals (TLO). On Talon, Rule makes the stakes clear: if his exploration thesis is wrong, investors could lose 50%. If it works, he believes the discovery could be profound.
Like and comment for a chance to win some In the Money swag, and now you can buy some merch at our new store! Check it out! https://inthemoneypod.myshopify.com/
Timestamps
0:00 Trailer: Rick Rule on commodities, gold, and oil0:39 Episode intro and season premiere setup
2:02 Disclaimer and what this episode covers
2:28 Welcome to the season premiere with Rick Rule
4:49 Commodities near-term outlook, rates, dollar, and inflation
6:34 Why inflation and bond yields may stay sticky
8:34 Debt, deficits, and why the cycle feels familiar
9:58 Lessons from the 1970s inflation era
12:52 Why falling commodity prices can be buying opportunities
15:00 Gold, war, and negative real interest rates
17:36 Why oil has not reacted like a true shock yet
19:30 When oil shortages become structural
22:57 How Canada can better position itself
26:16 Rick Rule’s investing method and edge
29:55 ITM Mailbag: Abaxx Technologies and the short report (ABAX)
32:23 Nations Royalty and Indigenous led royalties (NRC)
36:47 International Petroleum vs Athabasca (IPCO, ATH)
40:52 Why Dundee still matters to Rick (DC.A)
44:30 Vizsla Silver, huge upside, major risk (VZLA)
51:01 Solaris Resources and Copper Giant (SEI, CGNT)
52:36 AlphaMin Resources and the tin market (AFM)
55:21 Past & Pro Picks (SII, XOM, ELE, AEM, EQX, TLO)
1:08:05 Rick Rule off the mic, outdoors, reading, mentoring
Sponsors
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Richard Abboud: Building a $4 Billion Business—and a More Ambitious Canada (SPONSORED)
Richard Abboud dropped out of university to pursue entrepreneurship. Today, he’s the Founder & CEO of Forum Asset Management, a $4 billion asset management business—and one of the country’s most vocal advocates …
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Richard Abboud dropped out of university to pursue entrepreneurship. Today, he’s the Founder & CEO of Forum Asset Management, a $4 billion asset management business—and one of the country’s most vocal advocates for a more ambitious Canada.
In the final installment of Can Canada Meet the Moment?, Amber Kanwar sits down with Abboud to trace his journey from running teenage dance venues to building one of Canada’s largest student housing businesses. He explains why Forum is betting on student housing and self-storage, where he sees opportunity in Canadian real estate, and why his investment philosophy starts with finding an “unfair advantage.” He also breaks down how Forum offers investors access to these private-market opportunities through a range of funds designed for different risk appetites and needs for income and growth.
But Abboud is also thinking beyond his own business. He founded Shift Canada to help change Canadian culture around risk, innovation and the fear of failure. Its Shift Failure program is taught in junior high and high schools across the country and has reached 600,000 students in three years, encouraging young Canadians to see failure as part of growth rather than something to fear. Shift Canada also tracks Canadians’ willingness to take risks and be ambitious through its Bold Ambition Index.
Can Canada become more ambitious, take bigger risks and seize the opportunity in front of it? Abboud believes there’s no reason Canada shouldn’t be at the top of the world—but Canadians need to be willing to speak up, take risks and get on with it.
Timestamps
00:00 Intro
00:09 Sponsor message and disclaimer
00:33 Welcome to the final installment of the innovation series
01:01 Richard Abboud’s background and what this conversation covers
01:54 Richard’s origin story and entrepreneurial journey
03:37 First business: teenage dances and early lessons
04:46 From broker to Forum Asset Management
05:22 Forum today: assets, student housing, and self-storage
07:15 Why student housing and self-storage still make sense
08:49 Immigration, population trends, and student housing demand
10:04 How the fund is structured for investors
11:42 Retail investor access and current opportunities
13:07 Long-term outlook for the asset class
14:51 Why Richard got involved in Canadian innovation
15:43 Midlife pause, then back to building
16:38 Canada’s innovation problem and cultural barriers
17:57 Shift Canada and the Shift Failure program
19:00 Teaching kids to embrace failure
21:44 Can Canada celebrate entrepreneurs better?
23:24 Why CEOs are speaking up now
25:26 What still needs to happen in Canada
26:24 Tariffs and consumer confidence
27:03 How the business is adapting
27:37 Fun, hobbies, and travel
29:00 Closing remarks and next episode teaser
Sponsors
This show is brought to you by Forum Asset Management, presenting sponsor of our Innovation Special: Can Canada Meet the Moment. Learn more at https://forumam.com.
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
[email protected] for more information.Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Canada’s SpaceX: The New Space Race—and Living on the Moon by 2028
Canada was one of the first countries in space. Now, as a new space race takes off, does it have what it takes to become a global leader again?In this episode of our summer series Can Canada Meet the Moment? …
Notas do episódio
Canada was one of the first countries in space. Now, as a new space race takes off, does it have what it takes to become a global leader again?
In this episode of our summer series Can Canada Meet the Moment?, Paige Ellis sits down with Mike Greenley, CEO of MDA Space—Canada’s answer to SpaceX—to explore the enormous economic opportunity opening up beyond Earth. Greenley says the Earth-to-Moon economy represents a new economic frontier worth trillions of dollars, with humans expected to start living and working on the Moon as early as 2028. Canada already has world-leading expertise in space robotics, satellite communications and Earth observation—but capturing the opportunity will require moving faster and thinking much bigger.
Greenley explains why Canada needs its own launch capability, how rising defence spending could help build a stronger domestic space industry, and why relying on other countries for critical technology creates both economic and sovereignty risks. As the U.S. pulls back globally and countries put a greater emphasis on sovereignty and security, Greenley explains why Canada needs to build more critical capabilities at home while continuing to forge strategic partnerships abroad. He also makes the case that Canada’s unique combination of mining expertise and space robotics could eventually give it an advantage in lunar and asteroid mining, where potentially enormous deposits of critical minerals are waiting to be explored.
Plus, Greenley lays out his ambitions to turn MDA Space into a much larger global company while helping create a new generation of billion-dollar Canadian space businesses—and explains why commercial trips to the Moon could become a reality within the next decade.
Timestamps
0:00 Sponsor intro and opening
0:58 Welcome and why the space economy matters
2:45 Rapid-fire with Mike Greenley
5:30 Canada’s place in the space boom
8:52 Defense, urgency, and how Canada scales capability
12:48 Why this time could be different
14:00 What industry wants from government
17:04 Defense procurement: best equipment vs. Canadian industry
20:38 Partnerships, sovereignty, and the Gateway pause
23:57 Canada’s mining edge in the new space race
26:36 Winning public support for space
31:37 ESG, capital, and space investment
35:29 Building a stronger Canadian space ecosystem
37:37 Why U.S. expansion matters
39:06 When commercial moon trips become real
41:39 Outro and next episode tease
Sponsors
This show is brought to you by Forum Asset Management, presenting sponsor of our Innovation Special: Can Canada Meet the Moment. Learn more at https://forumam.com.
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://https://www.eqbank.ca/
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Adam Waterous: Canada Can Become the Next Energy Superpower
Canada has spent years talking about its energy potential. Adam Waterous thinks the country is finally ready to realize it.In the third episode of our special summer innovation series, Can Canada Meet the …
Notas do episódio
Canada has spent years talking about its energy potential. Adam Waterous thinks the country is finally ready to realize it.In the third episode of our special summer innovation series, Can Canada Meet the Moment?, host Amber Kanwar sits down with Adam Waterous, CEO & Managing Partner of Waterous Energy Fund, to discuss why he believes Canada has a once-in-a-generation opportunity to become a global energy superpower.
Waterous lays out his “down five, up five” thesis: over the next decade, he expects U.S. oil production to fall by roughly five million barrels a day while Canada has the potential to add five million—doubling its production and putting it in a position to compete with Saudi Arabia as one of the world’s largest oil producers.
But getting there won’t be simple. Waterous breaks down the compromises behind Canada’s new energy ambitions, why the public sector is taking a bigger role in pipeline development, the regulatory and tax hurdles still facing producers, and what needs to happen to attract investment and actually fill those pipelines. He also explains why he believes the shift could be transformational for the Canadian economy and fundamentally change Canada’s leverage with the United States.
Plus, Waterous discusses how he’s positioning his own companies for this new era, why long-life oil assets matter, what he looks for when buying energy assets, and where he sees opportunities after years of consolidation.
Can Canada meet the moment? Waterous is unequivocal: he believes Canada’s position in the world has never been stronger.
This interview was recorded during the Calgary Stampede, prior to Greenfire Resources announcing its $1.28-billion cash deal to acquire privately held heavy oil producer Connacher Oil and Gas Ltd on July 13, 2026.
Timestamps00:00 Intro and sponsor message
02:44 Canada’s energy moment
03:23 The “down five, up five” thesis
06:46 The GDP impact of growth
08:03 The federal shift on energy
13:37 Public vs. private sector paths
17:09 Pipeline economics explained
23:09 Carbon tax and production incentives
28:33 Will investors come back?
31:26 Why U.S. energy is vulnerable
33:27 How he values assets
35:25 Why scale matters in oil sands
38:15 Greenfire and the neighborhood strategy
41:51 Can Canada meet the moment?
Sponsors
This show is brought to you by Forum Asset Management, presenting sponsor of our Innovation Special: Can Canada Meet the Moment. Learn more at https://forumam.com.Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://https://www.eqbank.ca/
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Canada Is Losing Founders. Can It Turn Things Around?
Canada has no shortage of world-class entrepreneurs—but are we creating the right conditions for them to build the next generation of global companies here at home? In the second episode of our special summer …
Notas do episódio
Canada has no shortage of world-class entrepreneurs—but are we creating the right conditions for them to build the next generation of global companies here at home? In the second episode of our special summer series Can Canada Meet the Moment?, host Paige Ellis sits down with two successful Canadian founders who offer very different perspectives on one of the country's biggest economic challenges.
Michele Romanow, "Dragon" on CBC's Dragons' Den and Co-Founder of Clearco, argues Canada is making it harder to build and scale startups. She explains why more founders are choosing the U.S., how Canadian policies can discourage innovation, why we protect incumbents instead of challengers, and what needs to change if Canada wants to keep its best entrepreneurs.
Laura McGee, Co-founder of Arterra and Executive Chair of Diversio, offers a more nuanced view. Drawing on her experience building businesses in both Canada and the United States, she explains why founders look south for capital, the cultural differences between the two countries, what Canada gets right, and why she believes Canadian entrepreneurs can still build world-class companies from home.
If Canada wants to become a global innovation leader, what has to change? This conversation explores the policies, culture, capital, and mindset shaping the future of Canadian entrepreneurship.
Subscribe to In the Money with Amber Kanwar for more conversations with the investors, founders, and business leaders shaping Canada's future.
Timestamps
00:06 Can Canada Meet the Moment brought to you by Forum Asset Management
01:02 Meet Michelle Romanow
02:34 Rapid-fire warmup
08:21 Founder identity
11:11 Why Canada loses startups
14:11 Policy vs culture
20:16 Rewarding oligopolies
25:51 Founders voting with their feet
27:31 Defense, health, and AI
38:10 Canada’s AI opportunity
43:01 Meet Laura McGee
47:17 Diversio fundraising struggle
53:02 Delaware structure and Canada
01:05:52 Silicon Valley Bank collapse
01:13:45 — What Canada must change
Sponsors
This show is brought to you by Forum Asset Management, presenting sponsor of our Innovation Special: Can Canada Meet the Moment. Learn more at https://forumam.com.
Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit hamiltonetfs.com
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
Can Canada Meet the Moment? Jim Balsillie Doesn't Hold Back
Canada has no shortage of breakthrough ideas. The problem, Jim Balsillie argues, is that too many of them create jobs, wealth and prosperity somewhere else. He even describes Canada as a "global …
Notas do episódio
Canada has no shortage of breakthrough ideas. The problem, Jim Balsillie argues, is that too many of them create jobs, wealth and prosperity somewhere else. He even describes Canada as a "global philanthropist"—a country that invents world-changing technologies but lets the economic benefits accrue elsewhere. As Canada prepares to host the Prime Minister's first-ever Canada Investment Summit this September, we're kicking off our special summer series, Can Canada Meet the Moment?, with one of the country's most influential voices on innovation.
Hosted by Paige Ellis, the first episode features Jim Balsillie, Retired Chairman and co-CEO of Research In Motion (BlackBerry) and Co-Founder & Chair of the Council of Canadian Innovators. Balsillie argues Canada's biggest challenge isn't innovation—it's public policy.
Drawing on his experience building BlackBerry into one of the world's most successful technology companies, Balsillie explains why Canada continues to lose startups, talent and intellectual property to the United States, why he believes government policy has put "wind in the face" of Canadian entrepreneurs, and what must change if Canada wants to compete in AI, advanced technology and the industries of the future. He also reflects on BlackBerry's rise and decline, the lessons Canada still hasn't learned, and why he believes Canada can reverse decades of economic decline if it rethinks how it supports innovation.
Throughout this special series, we're asking one question: Can Canada meet the moment? From innovation and entrepreneurship to natural resources, capital and public policy, we'll explore what's working, what's broken, and what it will take for Canada to build the next generation of globally competitive companies.
Timestamps
0:06 Can Canada Meet the Moment presented by Forum Asset Management
0:50 Amber asks Can Canada Meet the Moment?
1:40 Amber welcomes Paige
3:30 The Canadian startup pipeline is shrinking
05:30 The blackberry story & Jim Balsillie6:45 Canadian inventions game
9:06 Jim Balsillie joins
10:51 Jim’s path to Waterloo
13:30 U.S. investors vs. Bay Street
16:02 Building in Canada
17:49 Policy and entrepreneurship
23:06 Canada’s AI strategy
28:46 Losing value abroad
33:22 AI vs. BlackBerry
35:07 AI and jobs
38:18 Young workers and AI
42:04 Canada’s losses
43:10 Why Jim stays focused on Canada
Sponsors
This show is brought to you by Forum Asset Management, presenting sponsor of our Innovation Special: Can Canada Meet the Moment. Learn more at forumam.com.Thank you to our partners at ATB Financial. ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit ATB.com/inthemoney for more information.
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Thank you to our partners at Hamilton ETFs. For more information visit hamiltonetfs.com
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
The Best (and Worst) Stock Picks of 2026... So Far
Which fund managers made the best calls of the year? Which stocks soared, which ones crashed, and what can investors learn from the biggest surprises of 2026 so far?In this special mid-year review, Amber Kanwar …
Notas do episódio
Which fund managers made the best calls of the year? Which stocks soared, which ones crashed, and what can investors learn from the biggest surprises of 2026 so far?
In this special mid-year review, Amber Kanwar and Executive Producer Jillian Glickman look back at every Pro Pick featured on In the Money over the past year. They reveal the top-performing stocks, the biggest disappointments, and rank the fund managers whose ideas delivered the strongest returns. From AI memory-chip winners like Samsung (KRX: 005930) to Bird Construction (TSX: BDT), Canada's energy boom, hard assets, healthcare, and the surprising absence of the Magnificent Seven from the top of the leaderboard, they break down the trends that have defined the market so far.
They also revisit some of the show's most memorable investment stories—including Better Home & Finance (NASDAQ: BETR), Marvell Technology (NASDAQ: MRVL), Sprott Inc. (TSX: SII), OpenDoor Technologies (NASDAQ: OPEN), Boston Scientific (NYSE: BSX), and more—and discuss what worked, what didn't, and why patience can be one of an investor's greatest advantages.
Plus, Amber and Jillian share highlights from the podcast's incredible year, including the growth of In the Money, the Calgary Stampede live show, a preview of the upcoming Canadian innovation series, and what's coming this fall.
Whether you've followed every Pro Pick or are looking for new investing ideas, this episode is your mid-year report card on the market—and on the experts who called it best.
Timestamps
0:00 Trailer
1:51 Welcome to the mid-year review
2:18 Market backdrop and how the year has unfolded
5:40 Top-performing stocks
11:15 Most popular stock pick
13:00 Better Home and Finance discussion
14:43 Hamilton ETFs - MIX
16:42 Worst-performing stocks
22:36 ATB Pro Picks
23:05 Top fund managers honourable mentions
26:40 Top Fund Managers
28:40 Top three fund managers
33:18 Upcoming August special and September plans
34:34 Swag store announcement
35:26 — Outro
SponsorsFor over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Pro Picks is brought to you by ATB Financial. Visit https://ATB.com/inthemoney for more information
The mailbag is sponsored by Hamilton ETFs. For more information on the Hamilton Enhanced Mixed Asset Allocation ETF visit: https://hamiltonetfs.com/etf/mix/
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
Hamilton ETFs Disclaimer
This podcast is sponsored by Hamilton ETFs. The information contained herein should not be construed as investment advice or considered as a recommendation to purchase or sell the mentioned securities.
The index performance returns are for informational purposes only and are not indicative of the future returns of the ETF. The returns do not reflect any management fees, transaction costs or expenses. Investors cannot invest directly in an index.
Certain statements contained in this podcast may constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement, whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs) managed by Hamilton ETFs. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
Source: S&P Global, Solactive AG, Hamilton ETFs. Data from November 18, 2004, to April 30, 2026.
The Solactive Hamilton Mixed Asset Index (SOLHAMMA) vs. the S&P 500 Total Return Index with annual compounded total returns and the potential impact of 1.25x leveraged exposure to SOLHAMMA. This is discussed for informational purposes only and intended to demonstrate the historical impact of the indexes compound growth rate. It is not a projection of future index performance, nor does it reflect potential returns on investments in the ETF. Investors cannot directly invest in the index. All performance data assumes reinvestment of distributions and excludes management fees, transaction costs, and other expenses which would have impacted an investor’s returns. SOLHAMMA data prior to March 14, 2025, is hypothetical back-tested data using actual historical market data. Actual performance may have been different had the index been live during that period.
The S&P 500 Index (“Index”) and associated data are a product of S&P Dow Jones Indices LLC, its affiliates and/or their licensors and has been licensed for use by Hamilton ETFs © 2025 S&P Dow Jones Indices LLC, its affiliates and/or their licensors. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Neither S&P Dow Jones Indices LLC, SPFS, Dow Jones, their affiliates nor their licensors (“S&P DJI”) make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and S&P DJI shall have no liability for any errors, omissions, or interruptions of any index or the data included therein.
Volatility is measured using standard deviation, which quantifies how much an investment’s returns deviate from its average return over a ...
Canada's Rally Isn't Over—But You Need to Be Much More Selective
If you're looking to build a portfolio for the next decade—not chase yesterday's winners—Garey Aitken says it's time to get much more selective. Canada's rally may not be over, but after one of the strongest …
Notas do episódio
If you're looking to build a portfolio for the next decade—not chase yesterday's winners—Garey Aitken says it's time to get much more selective. Canada's rally may not be over, but after one of the strongest runs in years, finding value has become much harder. The Head of Canadian Equities at Franklin Templeton's ClearBridge Investments joins Amber Kanwar to explain where he's taking profits, why he still likes energy, and the overlooked companies he believes could be the market's next winners.
In the mailbag, Garey weighs in on viewer questions about Intact Financial (IFC), CGI (GIB.A), Shopify (SHOP), TMX Group (X), and Metro (MRU). He shares his outlook on AI disruption across Canadian companies, explains why some high-quality businesses may be getting punished too severely, and discusses which names he'd still buy, hold, or avoid at today's prices.
In Pro Picks, Garey revisits his previous top ideas—including Canadian Natural Resources (CNQ), Canadian National Railway (CNR), and Fortis (FTS)—before revealing three new high-conviction opportunities: Boyd Group Services (BYD), Stantec (STN), and Thomson Reuters (TRI). These are companies he believes have been unfairly sold off, offering investors the chance to buy quality businesses without falling into the trap of chasing expensive momentum stocks.
Timestamps
00:00 Trailer
02:20 Intro
03:45 These are the golden years, but borrowing from the future
06:30 Is Garey taking profits and the anatomy of the rally
09:00 Why Garey is a little nervous about his bank exposure
11:30 Garey called the energy bottom, is the reward still there?15:00 Hamilton’s Enhanced Mixed Asset Allocation ETF- MIX
17:00 ITM Mailbag- Intact Financial stock (IFC)
19:30 CGI Group stock (GIB.A)
24:00 Shopify stock (SHOP)
27:40 TMX Group stock (X)
30:45 Metro stock (MRU)
35:00 Garey’s Past & Pro Picks (CNQ, CNR, FTS, BYD, STN, TRI)For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Pro Picks is brought to you by ATB Financial. Visit https://ATB.com/inthemoney for more information
The mailbag is sponsored by Hamilton ETFs. For more information on the Hamilton Enhanced Mixed Asset Allocation ETF visit: https://hamiltonetfs.com/etf/mix/
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions. In this episode we discuss Intact Financial, Canadian National Railway and Canadian Natural Resources which are all stocks Amber owns.
Hamilton ETFs Disclaimer
This podcast is sponsored by Hamilton ETFs. The information contained herein should not be construed as investment advice or considered as a recommendation to purchase or sell the mentioned securities.
The index performance returns are for informational purposes only and are not indicative of the future returns of the ETF. The returns do not reflect any management fees, transaction costs or expenses. Investors cannot invest directly in an index.
Certain statements contained in this podcast may constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement, whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs) managed by Hamilton ETFs. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
Source: S&P Global, Solactive AG, Hamilton ETFs. Data from November 18, 2004, to April 30, 2026.
The Solactive Hamilton Mixed Asset Index (SOLHAMMA) vs. the S&P 500 Total Return Index with annual compounded total returns and the potential impact of 1.25x leveraged exposure to SOLHAMMA. This is discussed for informational purposes only and intended to demonstrate the historical impact of the indexes compound growth rate. It is not a projection of future index performance, nor does it reflect potential returns on investments in the ETF. Investors cannot directly invest in the index. All performance data assumes reinvestment of distributions and excludes management fees, transaction costs, and other expenses which would have impacted an investor’s returns. SOLHAMMA data prior to March 14, 2025, is hypothetical back-tested data using actual historical market data. Actual performance may have been different had the index been live during that period.
The S&P 500 Index (“Index”) and associated data are a product of S&P Dow Jones Indices LLC, its affiliates and/or their licensors and has been licensed for use by Hamilton ETFs © 2025 S&P Dow Jones Indices LLC, its affiliates and/or their licensors. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Neither S&P Dow Jones Indices LLC, SPFS, Dow Jones, their affiliates nor their licensors (“S&P DJI”) make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and S&P DJI shall have no liability for any errors, omissions, or interruptions of any index or the data included therein.
Volatility is measured using standard deviation, which quantifies how much an investment’s returns deviate from its average return over a given period. Drawdown: The percentage drop from an investment’s peak value to its lowest point.
In the Money delivers...
The $2.2 Billion Contrarian: How to Profit From Unpopular Ideas
While much of the market is chasing the same handful of stocks, Scott Morrison is looking somewhere else. The Founder & CIO of Wealhouse Capital Management oversees $2.2 billion with a contrarian strategy …
Notas do episódio
While much of the market is chasing the same handful of stocks, Scott Morrison is looking somewhere else. The Founder & CIO of Wealhouse Capital Management oversees $2.2 billion with a contrarian strategy focused on buying great businesses at discounted prices. He joins Amber Kanwar to discuss why international markets are becoming more attractive, where he's finding value today, and how investors can profit from unpopular ideas before they become consensus.
In the mailbag, Scott weighs in on whether Canadian banks are too expensive after their massive rally, shares his outlook on BlackBerry (TSX: BB), CAE (TSX: CAE), Aritzia (TSX: ATZ), Groupe Dynamite (TSX: GRGD), Primaris REIT (TSX: PMZ.UN), Propel Holdings (TSX: PRL) and Kinaxis (TSX: KXS), and explains where he still sees compelling value despite a market trading near record highs.
In Pro Picks, Scott shares three international ideas he believes offer compelling upside: Shinhan Financial Group (NYSE: SHG), one of South Korea's leading banks trading at a significant discount to its North American peers; Zeta Global Holdings (NYSE: ZETA), an AI-enabled marketing technology company using proprietary data to help businesses improve advertising returns; and Tritax Big Box REIT (LSE: BBOX), a U.K. logistics real estate company positioned to benefit from growing demand for warehouses, automation and data centre infrastructure.
Timestamps
00:00 Intro
01:25 Intro
02:25 Scott Morrison’s approach to investing
05:45 Businesses with idiosyncratic opportunities, and why Scott is finding more outside of North America
10:45 More money chasing fewer opportunities
12:50 Hamilton Enhanced Mixed Asset Allocation ETF- MIX
14:50 ITM Mailbag: Canadian banks
22:25 Blackberry stock (BB)
29:30 Aritzia & Groupe Dynamite (ATZ, GRGD)
32:30 Primaris REIT (PMZ.UN)
37:35 Propel Holdings (PRL)
41:00 Kinaxis (KXS)
46:15 Scott’s Pro Picks (SHG, ZETA, BBOX)Sponsors
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Pro Picks is brought to you by ATB Financial. Visit https://ATB.com/inthemoney for more information
The mailbag is sponsored by Hamilton ETFs. For more information on the Hamilton Enhanced Mixed Asset Allocation ETF visit: https://hamiltonetfs.com/etf/mix/
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
Hamilton ETFs Disclaimer
This podcast is sponsored by Hamilton ETFs. The information contained herein should not be construed as investment advice or considered as a recommendation to purchase or sell the mentioned securities.
The index performance returns are for informational purposes only and are not indicative of the future returns of the ETF. The returns do not reflect any management fees, transaction costs or expenses. Investors cannot invest directly in an index.
Certain statements contained in this podcast may constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement, whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs) managed by Hamilton ETFs. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
Source: S&P Global, Solactive AG, Hamilton ETFs. Data from November 18, 2004, to April 30, 2026.
The Solactive Hamilton Mixed Asset Index (SOLHAMMA) vs. the S&P 500 Total Return Index with annual compounded total returns and the potential impact of 1.25x leveraged exposure to SOLHAMMA. This is discussed for informational purposes only and intended to demonstrate the historical impact of the indexes compound growth rate. It is not a projection of future index performance, nor does it reflect potential returns on investments in the ETF. Investors cannot directly invest in the index. All performance data assumes reinvestment of distributions and excludes management fees, transaction costs, and other expenses which would have impacted an investor’s returns. SOLHAMMA data prior to March 14, 2025, is hypothetical back-tested data using actual historical market data. Actual performance may have been different had the index been live during that period.
The S&P 500 Index (“Index”) and associated data are a product of S&P Dow Jones Indices LLC, its affiliates and/or their licensors and has been licensed for use by Hamilton ETFs © 2025 S&P Dow Jones Indices LLC, its affiliates and/or their licensors. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Neither S&P Dow Jones Indices LLC, SPFS, Dow Jones, their affiliates nor their licensors (“S&P DJI”) make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and S&P DJI shall have no liability for any errors, omissions, or interruptions of any index or the data included therein.
Volatility is measured using standard deviation, which quantifies how much an investment’s returns deviate from its average return over a given period. Drawdown: The percentage drop from an investment’s peak value to its lowest point.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journ...
The Hidden Stocks Worth Buying Now
Looking beyond the market's biggest names? Jamie Murray, President of The Murray Wealth Group, shares the investing framework he uses to uncover overlooked companies with strong cash flow, attractive valuations …
Notas do episódio
Looking beyond the market's biggest names? Jamie Murray, President of The Murray Wealth Group, shares the investing framework he uses to uncover overlooked companies with strong cash flow, attractive valuations and long-term growth potential. From AI winners and consumer stocks to airlines, REITs and international opportunities, he explains what makes a stock worth buying—and why some of the market's best opportunities are often the ones investors aren't paying attention to.
In the Mailbag, Jamie weighs in on some of the market's most talked-about names, including Uber (UBER), Meta (META), Aritzia (ATZ.TO), Air Canada (AC.TO), Exchange Income Corp. (EIF.TO), Go Residential REIT and UnitedHealth Group (UNH). He explains why Uber and Meta remain core holdings, discusses whether Air Canada is finally becoming investable, shares his outlook for Aritzia after its recent run, and breaks down why he's finding opportunity in real estate through Go Residential REIT. He also offers his take on UnitedHealth following its dramatic selloff and explains why he recently sold Exchange Income after a big run up.
In Pro Picks, Jamie revisits his Past Picks Broadcom (AVGO), Starbucks (SBUX) and 3i Group (III.L), sharing why he remains bullish on Broadcom and 3i Group while explaining why he exited Starbucks. He then reveals three new high-conviction ideas: Nu Holdings (NU), Opera (OPRA) and Vital Healthcare Property Trust (NZX)—companies he believes have the potential to quietly outperform over the years ahead.
Timestamps
00:00 Trailer
02:15 Intro
03:20 What’s going on in the markets right now?
06:40 What does Jamie’s portfolio look like right now and why software?
09:20 Small caps as an AI trade
10:50 Why isn’t the market more roiled by the new flare up between the U.S. and Iran
15:00 What’s a classic Jamie Murray stock?
15:50 Hamilton Enhanced Mixed Asset Allocation ETF- MIX
17:50 ITM Mailbag: Uber stock (UBER)
23:20 Meta stock (META)
27:50 Aritzia stock (ATZ)
30:35 Air Canada stock (AC)
35:30 Exchange Income Corp (EIF)
39:30 GO Residential REIT (GO.U)
44:00 UnitedHealth Group stock (UNH)46:20 Jamie’s Past & Pro Picks (AVGO, SBUX, NU, OPRA, VITL.UN)
Sponsors
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Pro Picks is brought to you by ATB Financial. Visit https://ATB.com/inthemoney for more information
The mailbag is sponsored by Hamilton ETFs. For more information on the Hamilton Enhanced Mixed Asset Allocation ETF visit: https://hamiltonetfs.com/etf/mix/
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
DISCLAIMERS
The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
Hamilton ETFs Disclaimer
This podcast is sponsored by Hamilton ETFs. The information contained herein should not be construed as investment advice or considered as a recommendation to purchase or sell the mentioned securities.
The index performance returns are for informational purposes only and are not indicative of the future returns of the ETF. The returns do not reflect any management fees, transaction costs or expenses. Investors cannot invest directly in an index.
Certain statements contained in this podcast may constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement, whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs) managed by Hamilton ETFs. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
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Volatility is measured using standard deviation, which quantifies how much an investment’s returns devi...
Special Feature: The Cross-Border Wealth Guide: What Most People Get Wrong
Political tensions are prompting more Americans to consider moving to Canada—and more Canadians are returning home—but the financial implications are far more complicated than most people realize. On this …
Notas do episódio
Political tensions are prompting more Americans to consider moving to Canada—and more Canadians are returning home—but the financial implications are far more complicated than most people realize. On this special episode of In the Money with Amber Kanwar, Harp Sandhu, Founder, Senior Wealth Advisor and Portfolio Manager at Sandhu Wealth and author of Welcome Home, Eh?: A Guide for Canadians (Old and New) to Navigate Moving to Canada from the U.S., breaks down the costly financial traps that can come with a cross-border move—from mishandling retirement accounts and tax residency to overlooking investment restrictions, healthcare gaps, real estate considerations, and even the rules around bringing a car or wine collection into Canada.
Harp also discusses why he's seeing a surge in cross-border consultations, why timing matters when changing tax residency, the biggest mistakes people make when relocating, and why AI still can't replace expert advice when it comes to complex cross-border financial planning. Whether you're thinking about moving now or simply want to understand the financial realities of living and investing across Canada and the U.S., this episode is packed with practical insights.This episode is brought to you by our partners at Raymond James. Visit https://raymondjames.ca today to discover how you can live a life well planned.
Timestamps00:00 Intro
01:10 The changing nature of Canadians coming back to Canada
03:00 The mistakes people make when coming back to Canada
04:30 Is there a golden rule when moving back or does it vary from person to person?
07:00 The unexpected implications
10:25 How has AI changed the game?Sponsors
For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.
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DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.
Contact: [email protected]
#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews
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