| BUY | | Falconbridge Ltd | FAL-T | 16.100 | Undervalued. Generates $2 a share. | 2001-03-21 | |
| BUY | | Rio Tinto | RTP-N | 70.500 | Likes | 2001-03-21 | |
| BUY | | Telus Corp | T-T | 33.350 | Great investment. Yield = $4 a share. Prefers over BCE | 2001-03-21 | |
| BUY | | Toronto Dominion | TD-T | 39.950 | Doesn't expect any mergers this year. | 2001-03-21 | |
| BUY | | Royal Bank | RY-T | 46.500 | Doesn't expect any mergers this year. | 2001-03-21 | |
| BUY | | Fairfax Financial | FFH-T | 206.000 | A bit of a risk. Good return on equity but questions their reserves. Good upside | 2001-03-21 | |
| BUY | | Bank of Nova Scotia | BNS-T | 39.900 | Short term risk, but long term is good. | 2001-03-21 | |
| BUY | | Imperial Oil | IMO-T | 37.150 | Good company. Lots of cash. A long time hold. | 2001-03-21 | |
| BUY | | SNC-Lavalin Group Inc. | SNC-T | 16.750 | Great asset on the highway 407. Undervalued | 2001-03-21 | |
| DON'T BUY | | BCE Inc. | BCE-T | 36.500 | Prefers Telus. Paid to much for their acquisition | 2001-03-21 | |
| DON'T BUY | | Bank of Montreal | BMO-T | 37.320 | The weakest bank | 2001-03-21 | |
| DON'T BUY | | Bombardier Inc (B) | BBD.B-T | 20.500 | Great company. Good mngmnt. Not sure for the next year. | 2001-03-21 | |
| DON'T BUY | | Trans Canada Corp | TRP-T | 19.080 | Not a fan of pipelines at this time. Overvalued now. | 2001-03-21 | |
| STRONG BUY | | Suncor Energy Inc | SU-T | 41.250 | Great growth profile. Good assets. World class. | 2001-03-21 | |
| BUY | | Sherrit | S-T | 4.390 | Good mngmnt. Looks undervalued and this will stay because of Cuba. OK long term | 2001-01-16 | |
| BUY | | Bank of Montreal | BMO-T | 75.450 | Long term good. Short term may be volatile | 2001-01-16 | |
| BUY | | Bank of Nova Scotia | BNS-T | 42.900 | Long term good. Short term may be volatile | 2001-01-16 | |
| BUY | | Canadian Imperial Bank of Commerce | CM-T | 46.550 | Long term good. Short term may be volatile | 2001-01-16 | |
| BUY | | Royal Bank | RY-T | 52.000 | Long term good. Short term may be volatile | 2001-01-16 | |
| BUY | | Toronto Dominion | TD-T | 43.000 | Long term good. Short term may be volatile | 2001-01-16 | |
| BUY | | Placer Dome | PDG-T | 13.050 | Prefers this or Barrick over Gold Corp | 2001-01-16 | |
| BUY | | Barrick Gold | ABX-T | 23.300 | Prefers this or Placer over Gold Corp | 2001-01-16 | |
| BUY | | Teck Cominco Ltd. (B) | TCK.B-T | 13.050 | Owns, but hasn't been a great stock. Trading at less than what its worth. Some significant corporate decisions going to be made in the next year or two | 2001-01-16 | |
| BUY | | Canfor Corp | CFP-T | 8.250 | Good time to get back into pulp and forest. At its low. Should be an upswing in 1/2 years. Demand should catch up | 2001-01-16 | |
| BUY | | Level 3 Communications | LVLT-Q | 46.563 | Hasbigger production capacity than 360 so will end up with lower costs | 2001-01-16 | |
| BUY | | National Bank of Canada | NA-T | 26.450 | Has a strong Quebec franchise. Attractive value. Compared to other banks its at a discount. Good long term | 2001-01-16 | |
| DON'T BUY | | Petro-Can | PCA-T | 35.800 | High quality company, but priced too high. Good assets. Prefers Suncor | 2001-01-16 | |
| DON'T BUY | | JDS Uniphase | JDU-T | 75.500 | 2 issues 1) Will merger with SDL be approved and 2) what assets will they have to sell to raise the capital? Sales won't ever catch up to revenue | 2001-01-16 | |
| DON'T BUY | | Goldcorp Inc | G-T | 9.250 | Only one asset. A low cost mine, but prefers more assets Take over target? Prefers Placer or Barrick | 2001-01-16 | |
| DON'T BUY | | PetroKazakhstan Inc | PKZ-T | 7.300 | Doesn't like | 2001-01-16 | |
| DON'T BUY | | Great West Lifeco | GWO-T | 35.500 | At their top | 2001-01-16 | |
| DON'T BUY | | Harry Winston Diamond Corp. | HW-T | 12.550 | Uncertainty re permits,time, etc. but should be in production soon. If you like diamond section, look at De Beers | 2001-01-16 | |
| SELL | | Sunlife Financial | SLF-T | 34.000 | At their top. Too high a price | 2001-01-16 | |
| TOP PICK | | Suncor Energy Inc | SU-T | 35.300 | Prefers over Petrocan. Unlike other oil/gas companies, it has a big asset base in Athabaska Oil Sands giving it a big reserve life. | 2001-01-16 | |
| TOP PICK | | IGM Financial Inc. | IGM-T | 25.700 | Expended from Mutual funds to mortgages to insurance and with CIBC agreement, they'll have Visas, savings, etc | 2001-01-16 | |
| TOP PICK | | First Data Corp | FDC-N | 57.250 | | 2001-01-16 | |
| WATCH | | Claude Resources | CRJ-T | 0.640 | Has only one producing gold mine (Sask). Able to produce a cash flow from this. Also has some gas royalties | 2001-01-16 | |
| WATCH | | Manulife Financial | MFC-T | 38.500 | A class act. Has had a tremendous run. Looking at an acquisition in Japan which will create a bigger asset base, but what dept will be involved | 2001-01-16 | |
