The Globe and Mail reports in its Saturday, April 5, edition that while broader global markets were down last week, analysts and money managers believe some stocks and sectors will outperform this trade war and the economic fallout that is expected to follow. The Globe's Brenda Bouw writes that CIBC Asset Management manager Craig Jerusalim says, "Sectors that can continue to grow through an economic slowdown are particularly attractive right now." He points to the waste sector, including companies such as GFL Environmental and Waste Connections as "particularly well-suited to handle economic uncertainty" because they are essential services -- garbage collection and recycling -- that people will need regardless of the economic environment. As well, because they operate in local markets, they are largely unaffected by tariffs, he says. Mr. Jerusalim believes large pipelines such as Enbridge and TC Energy are also well insulated from market uncertainty since their volumes and pricing are on guaranteed contracts.
"Additionally, their attractive dividend yields provide an additional layer of resiliency and comfort to nervous investors," he says. Newhaven
manager Rebecca Teltscher likes energy infrastructure firms such as Pembina Pipeline and AltaGas.
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