- West Fraser Timber Co. Ltd. (WFT)
- Russel Metals Inc. (RUS)
- Melcor Developments Ltd. (MRD)
- Genesis Land Development Corp. (GDC)
Q: With a record immigration numbers and very few pre-construction sales due to the spook that high rates have put into real estate investors, there is a massive shortage of new housing units that has yet to be felt by the market (in my opinion). I think this is a uniquely Canadian problem and wonder if you see any companies poised to outperform when rates are falling and housing starts begin to pick up? Could you name 3-4 companies that would benefit in different ways when the shortage of available housing starts to translate into a rapid increase in units built?