The Resilience of Canadian Equities: Opportunities and Challenges

In this episode, Will Aldridge, Portfolio Manager and co-lead of the North American Equity and Income Team, and Tim Johal, lead portfolio manager of the Mackenzie Canadian Dividend Fund, discuss the post-election outlook and sentiment towards Canadian equities. Despite near-term volatility, Will explains why the outlook for Canadian equities remains positive, driven by strong fundamentals and opportunities in sectors such as gold and banking. Tim also highlights the potential of Canada's natural resources, particularly natural gas, and the regulatory challenges that need to be addressed. They also touch on the valuation and outlook for Canadian banks as a proxy for the Canadian economy. This episode was recorded on May 2, 2025.