The Globe and Mail reports in its Saturday edition that Ryan Bushell at Toronto's Newhaven Asset Management is keen on Tourmaline Oil. The Globe's Brenda Bouw writes that Tourmaline "is a stock we started buying almost immediately after it was announced in April that one of our other holdings in the sector, Arc Resources, was being taken over by Shell PLC," Mr. Bushell told The Globe. "Tourmaline's stock has been a bit volatile lately, but in the longer term it has a strong, heavily invested management team, with CEO Mike Rose leading the way. We want to be invested in Canadian natural gas. There's a compelling opportunity right now to supply LNG on a larger scale and we want to participate in that. Even before the war in the Middle East, we were becoming more positive on Canadian natural gas, given the growing demand for power as part of the AI build-out." Mr. Bushell's investment strategy is to hold defensive stocks he believes can withstand various economic cycles. His focus is on dividend-paying Canadian companies in sectors such as utilities, infrastructure, telecommunications, energy and financial services. Newhaven oversees more than $500-million in assets. The strategy has returned 19.8 per cent so far this year.