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WSP Global Inc
Symbol WSP
Shares Issued 134,816,636
Close 2026-06-19 C$ 176.70
Market Cap C$ 23,822,099,581
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Globe says Pelletier figures market has WSP all wrong

2026-06-22 09:17 ET - In the News

The Globe and Mail reports in its Saturday edition that Martin Pelletier, senior portfolio manager with TriVest Wealth Counsel in Calgary is keen on WSP Global. The Globe's Brend Bouw quotes Mr. Pelletier saying that WSP, a Montreal professional services consulting firm, is a stock TriVest bought last summer and it has been adding to its position recently. "The stock was hit hard, along with peers such as Stantec amid investor concerns that AI is disrupting parts of their engineering consulting models," Mr. Pelletier told The Globe. "Investing algorithms will identify potential company exposures and rapidly short or sell those stock positions. The stock is down about 40 per cent from its high last fall [as of June 18]. However, our research indicates that AI is actually a benefit to the company, increasing productivity across its business platforms, from procurement to design to project execution, and the margins should get better, too. Also, there's been no change with its inventory backlog, and we think it will benefit from the government's infrastructure spending push. I like the fundamentals of this company."

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