Q: I hold Wsp in a tfsa and I am looking for a Canadian “construction” firm or similar company that I can pair with to take advantage of government infrastructure investment that will compliment Wsp. Recommendations and reasoning? Thanx.
5i Research Answer:
STN would be our choice. It is very well-managed, has a very long history, a small dividend and a large backlog. Not too expensive, and it is up 8% this year despite the mess of the market. We have a report on the company. This will be updated soon.