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| BUY | | Alcan Aluminum | AL-T | 58.060 | A long term hold. Expects there to be a global recovery. | 2002-05-06 | |
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| BUY | | Toronto Dominion | TD-T | 40.150 | Valuation is attractive. Good acquisitions. Likes the TD Waterhouse asset. | 2002-05-06 | |
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| BUY | | Royal Bank | RY-T | 53.500 | | 2002-05-06 | |
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| BUY | | Encana Corp | ECA-T | 49.000 | US investors will be taking an interest in it. Valuation is a little rich. | 2002-05-06 | |
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| BUY | | Thomson Reuters Corp | TRI-T | 52.060 | Expects advertising to increase. | 2002-05-06 | |
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| WEAK BUY | | Talisman Energy | TLM-T | 68.250 | One of the most undervalued stocks in the sector because of their Sudan holdings. May already have moved. | 2002-05-06 | |
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