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Intact Financial Corporation (IFC)
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Payfare Inc. Class A Common Shares (PAY)
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Propel Holdings Inc. (PRL)
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Brookfield Corporation Class A Limited Voting Shares (BN)
As noted, these companies operate in different industries and are varying in size, but each name has its own risk and return profile.
BN: a high-quality management team coupled with an extensive real estate portfolio across various sectors. Emphasizes long-term growth through acquisitions and investing in high-quality assets. A strong long-term history of adding shareholder value. Downside risks include exposure to real estate, which can be highly sensitive to changes in interest rates.
IFC: One of the leading property and casualty insurance companies in Canada. A high-quality, long-term compounder, with a decent dividend yield of 1.9%. Risks are competitive pressures from other insurance companies and higher claims expenses from unforeseen natural events.
PRL: High-growth, innovative, fintech name that primarily generates its revenue from the US. Continues to grow at a rapid pace, and its valuation is still reasonable. Downside risks include disruption from other fintech names, and competition from traditional banks as rates come down.
PAY: High-growth, small-cap name which trades at a cheap valuation. Benefits from growth in the 'gig economy', and continues to expand its services. Risks include dependence on key partnerships and any potential regulatory risks.