Playing the plan: Mawer’s Canadian equity portfolio | EP123
What we think about the newly proposed tax on share buybacks in Canada, a balanced take on the energy theme, and where we’ve trimmed, exited, and added in the portfolio.
Highlights:
- Which sectors may be most affected by the buyback tax
- Holdings that showed strong fundamentals throughout this year’s volatility—e.g., Canadian Natural Resources, Suncor, Loblaws, Dollarama, and more
- Canadian real estate recap—e.g., Choice Properties and Granite REIT
- How we approach assessing big C-suite changes (CN Rail, Suncor, Bank of Nova Scotia)
- Major themes the team is thinking about for 2023
