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Saputo Inc. (SAP)
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Andrew Peller Limited/Andrew Peller Limitee Class A Non-voting Shares (ADW.A)
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Corby Spirit and Wine Limited Unlimited Voting Common Shares (CSW.A)
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Canadian Tire Corporation Limited (CTC)
Q: OK so now we have "buy Canadian, bye American" trend. So I suppose Canadian companies could actually see a bump in sales. Are there any companies you can think of where this could move the needle in a meaningful way? Not sure how sustainable though?
5i Research Answer:
While admirable, we doubt the trend will have a meaningful impact at the individual company level. CSW.A and ADW.A might see a pick up if US alcohol is banned in provinces. CTC.A could see some pick up. SAP possibily. We would not base an investment theme on this, though. Tariffs may not happen, may be less than expected, and could be temporary. It would also involve consumers en masse to make big changes, something that historically has shown to be difficult.