In the Money with Amber Kanwar

Ross Beaty has been building mining companies for 50 years. From Pan American Silver to Equinox Gold, his name is synonymous with the Canadian resource sector. In this episode of In the Money with Amber Kanwar the legendary mining entrepreneur explains why gold’s surge past $3,300 may have plenty of room left. He breaks down how central banks, geopolitical chaos, and a growing distrust of the U.S. dollar are driving demand—and why tight supply could keep prices elevated.Amber and Ross discuss the underperformance of gold stocks vs bullion as well as the internal missteps and operational challenges that stalled Equinox Gold’s momentum. Beaty owns those missteps and lays out how the company is positioning for a rebound. Beaty weighs in on Trump-era tariffs, M&A in the mining sector, and misguided critical mineral policy in Canada. Plus, he shares how Chinese mining firms are scooping up assets while Western investors remain gun-shy. Beaty also explains why he believes Bitcoin isn’t a real threat to gold’s dominance.To end the interview, Ross shares the best and worst deals of his career, the Canadian mining leaders he admires, and why gold, silver, and copper still top his list. A must-watch for anyone investing in commodities, macro trends, or Canadian markets.Timestamps00:00 Show intro01:05 Did Ross anticipate this big gold rally?04:15 What is Ross’s guiding light when it comes to gold and what does the future hold?11:15 Break11:50 What usually drives a downside for gold?14:00 Ross’s view on crypto and what it means for gold16:20 The relationship between gold and gold stocks18:50 Discussing gold companies and what’s coming for them22:20 Break22:45 M&A in the gold sector26:10 What happened with Equinox Gold and what’s the path forward?31:55 Why Ross believes he needs to talk candidly about the problems with Equinox33:35 Has there been M&A interest in Equinox?37:40 Who does Ross admire and why he thinks Canada is a great place for mining (and hopes it stays that way)40:40 Ross’s rant on the obsession with critical minerals44:20 Ross on renewable energy: Trump is the king of chaos50:00 Rapid fire questions SponsorsFor over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.With $62 billion in assets, ATB Financial is powering possibilities for more than 820,000 financial services clients in Alberta and beyond. Visit https://ATB.com/inthemoney for more informationOver the last 45 years, Middlefield has helped Canadians build and preserve wealth through active management. Ask your financial advisor about Middlefield or learn more at https://middlefield.com today.Discover how The Murray Wealth Group can work for you by visiting https://MurrayWealthGroup.com. World Class Investing. Wealth built Together.Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews

Sun Life may be known for insurance—but under CEO Kevin Strain, it's become a $1.5 trillion force in global asset management. In this episode of In the Money with Amber Kanwar, we sit down with Strain to uncover how this 160-year-old Canadian company has transformed into the country’s largest asset manager, now rivaling industry titans like Brookfield.Strain explains why Sun Life is going all-in on alternative assets like real estate, infrastructure, and private credit, and what that means for institutional and retail investors alike. He addresses the outflows at the company’s asset management arm and pushes back on the “problem child” label, revealing how that division continues to quietly generate close to a billion dollars a year in income. He also breaks down why Asia has become Sun Life’s biggest growth engine, and how its long-standing presence there gives it an edge.The conversation covers Kevin’s outlook on the Canadian economy and why he believes short-term pain could lead to long-term strength. He also addresses concerns about the company’s U.S. health insurance business and shares how Sun Life is experimenting with AI across the firm.Don’t miss this wide-ranging, honest conversation with one of Canada’s most influential CEOs.Timestamps00:00 Show Intro02:10 Strain’s path to become the CEO of Sun Life04:10 Sun Life’s history and reach06:50 A lot of people don’t know Sun Life is an asset manager that’s bigger than Brookfield10:35 Break11:10 Understanding Sun Life’s asset management business16:30 Sun Life’s massive Asia business19:50 Break20:20 What about tariffs? 25:15 Are the conditions right for Canadian companies to invest?27:20 Strain on investing in alternatives like real estate29:25 Sun Life’s real estate exposure 36:30 The U.S. health insurance business42:00 What is Kevin worried about?46:30 How is Sun Life using artificial intelligence?50:00 What about acquisitions?53:15 What was Kevin’s biggest mistake?55:30 What does Kevin want to leave behind as his legacy? SponsorsFor over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.With $62 billion in assets, ATB Financial is powering possibilities for more than 820,000 financial services clients in Alberta and beyond. Visit ATB.com/inthemoney for more informationOver the last 45 years, Middlefield has helped Canadians build and preserve wealth through active management. Ask your financial advisor about Middlefield or learn more at middlefield.com today.Discover how The Murray Wealth Group can work for you by visiting MurrayWealthGroup.com. World class investing. Wealth built together.Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews.

In this episode of In the Money with Amber Kanwar, real estate investor Michael Missaghie of Arch Corporation isn't just waiting for the real estate market to turn, he's actively making it happen. His firm was behind pushing for the sale of InterRent. And he says that's just one of many REITs poised for a takeover. He names who could be next! Missaghie gives a behind-the-scenes look at the InterRent (IIP.UN) deal, where his firm took an activist stake to push for change. He breaks down how the transaction unfolded, why it cleared the market, and what it signals about the next wave of REIT consolidation.He also weighs in on the brewing trouble in Canada’s condo market and how distress in that space could get a lot worse before the next wave of opportunity.In the mailbag, Amber and Michael tackle some of the most talked-about real estate names: H&R REIT (HR.UN), First Capital (FCR.UN), Minto (MI.UN), Mainstreet (MEQ), Allied Properties (AP.UN), and the recent Go Residential IPO. He weighs in on who’s in play, where value is being missed, and why office REITs are still a tough bet despite return-to-work trends.To close the show, Michael shares his top three REIT picks right now: BSR REIT (HOM.U), a TSX-listed U.S. apartment play; Chartwell Retirement Residences (CSH.UN), a premium seniors housing name with M&A appeal; and Brookdale Senior Living (BKD), a U.S. turnaround story trading at a deep discount.If you're watching REITs, real estate, or M&A trends, this episode is packed with insight.Timestamps00:00 Show Intro02:20 Michael’s approach to real estate investing 04:20 What did staring during the crisis of 2008 teach him?05:35 Investing in public and private real estate08:45 How does the private market inform investing in the public market10:00 Is the market turning? Signs of inflection11:00 There’s trouble in the condo market, and there’s more to come14:50 Missaghie talks about his push for the sale of InterRent20:00 M&A and opportunity in the sector22:20 Should we expect to see more activism from Arch & Anson?23:30 What’s Michael’s long-short book? What’s the characteristic of things he’s shorting?25:00 ITM Mailbag: H&R REIT stock (HR.UN.TO)29:30 First Capital REIT stock (FCR.UN.TO)32:20 Minto REIT (MI.UN.TO)36:40 Mainstreet Equity stock (MEQ.TO)39:10 Dream Office REIT & Allied Properties REIT (D.UN.TO, AP.UN.TO) 42:50 Go Residential IPO (GO.UN.TO)44:00 Pro Picks (HOM.UN.TO, CSH.UN.TO, BKD) SponsorsThis episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.BMO DISCLAIMER Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization. The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.In the Money delivers expert stock picks, market analysis, and timely investing insights. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers and financial experts. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews

In this episode of In the Money with Amber Kanwar,  investor Seth Allen of Cadence Financial explains why he thinks about stocks the same way you might think about real estate—some are worth owning for the long haul, others you just rent for the upside. He breaks down his approach to navigating markets at record highs and how to spot which stocks are "forever homes" and which ones are just short-term leases. In the mailbag, Seth shares quick, actionable takes on some of the market’s most closely watched names. He explains why Apple’s (AAPL) lag is no reason to bail, why Microsoft (MSFT) remains a core AI winner, and how Cameco (CCO.TO) fits into the energy demands of an AI-powered world. He also weighs in on Nutrien (NTR.TO), Canadian Apartment REIT (CAR.UN.TO), Disney (DIS), and CP Rail (CP.TO)—laying out what’s worth owning, what’s worth renting, and how he’s navigating valuation, policy risk, and shifting demand.For Pro Picks, Seth highlights three unconventional ways to play the AI boom—none of them from the usual Mag 7 crowd. From a Canadian insurer using AI to price risk, Intact Financial (IFC.TO), to a natural gas producer with strategic storage, EQT Corp (EQT), and a ride-sharing giant poised to disrupt freight and delivery, Uber (UBER), he shows how AI is transforming a wide range of industries—and where the long-term value could lie.Timestamps00:00 Show intro 02:35 Amber asks Seth Allen: Is everything actually awesome right now? 04:15 Seth’s investing approach 05:50 What’s a stock you should own and what’s a stock you should rent?06:50 Don’t be afraid to buy in at all-time highs09:20 What about concentration risk in the Mag 711:30 Getting women more involved in investing 13:30 ITM Mailbag: Uranium & Cameco stock (CCO.TO16:30 Microsoft stock (MSFT)20:15 Apple stock (AAPL)22:50 Nutrien stock (NTR.TO)27:20 Disney stock (DIS)30:30 Canadian Apartment REIT (CAR.UN.TO)34:30 Canadian Pacific Kansas City stock (CP.TO)41:20 Pro Picks: AI theme: Intact Financial (IFC.TO), EQT Corp. (EQT), Uber (UBER)SponsorsThis episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial. https://ATB.com/inthemoney for more information. Find out more about the Her Wealth Summit: https://www.herwealthsummit.com/hws/events?i=IR1T6PS-_CFMM7QEZtfotZA6qSCuQS_5Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.BMO DISCLAIMER Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization. The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews

On this episode of In the Money with Amber Kanwar, GreensKeeper Asset Management founder and value investor Michael McCloskey joins Amber for a masterclass in long-term investing. He explains why value investing means running toward fear, not hype — and how to separate a true bargain from a value trap. In the mailbag, he weighs in on some of the market’s most misunderstood names: why Google (GOOG) remains his top tech pick, how Visa (V) continues to dominate despite disruption fears, and why Lockheed Martin (LMT) and Elevance Health (ELV) still have room to run despite negative sentiment. He also shares his view on Berkshire Hathaway (BRK.B) post-Buffett, breaks down the case for Intercontinental Exchange (ICE), and explains why Richemont (CFR.SW) still shines despite a cautious Chinese consumer. For his Pro Picks, McCloskey highlights three high-conviction ideas: Fiserv (FI), a fintech leader with decades of growth; ICON PLC (ICLR), a discounted global clinical trials giant; and Automated Bank Services (SHVA), the “Visa of Israel” with monopoly-like power and pricing potential. Whether you're looking for undervalued blue chips or hidden international gems, this episode is packed with insight from a disciplined value investor.Timestamps00:00 Show Intro01:50 Why McCloskey runs towards trouble, that’s when you find cheap stocks02:50 How to separate value from value traps 04:10 You have to get the business right long-term06:15 How McCloskey became a value investor10:00 Understanding value investing through the lens of Constellation Software and Tesla12:50 ITM Mailbag: Berkshire Hathaway stock (BRK.B)16:15 CN Rail stock (CNR.TO)18:45 Lockheed Martin stock (LMT)21:10 Alphabet stock (GOOG)27:40 Intercontinental Exchange stock (ICE)30:50 Elevance Health stock (ELV)35:15 Credit card stocks Visa & American Express (V, AXP) 40:45 Richemont stock (CFRUY) 44:00 Pro Picks (FI, ICLR, SHVA) SponsorsThis episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.BMO DISCLAIMER Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization. The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews

In this episode of In the Money with Amber Kanwar, we sit down with  Canadian hedge fund manager JF Tardif of Timelo Investment Management for an unfiltered, in-depth look at what stocks he’s buying and what he’s avoiding. From why he's keeping equity exposure low despite market highs, to his skepticism around momentum stocks like Opendoor (OPEN) and Tesla (TSLA), Tardif lays out his fundamentally driven strategy in a market obsessed with hype.In the mailbag, Tardif tackles questions on Altus Group (AIF.TO), InterRent (IIP.UN.TO), and Whitecap Resources (WCP.TO). He weighs in on high-flyers like Kraken Robotics (PNG.V) and MDA (MDA.TO), explains why he’s out of Well Health (WELL.TO), and shares his thoughts on Enterprise Group (E.TO) and bitcoin proxies like MicroStrategy (MSTR). And yes—he admits he gets stock ideas from this very podcast.For his Pro Picks, Tardif shares three under-the-radar names: Total Energy Services (TOT.TO), a play on LNG growth; Calian Group (CGY.TO), a defense contractor poised to benefit from rising military budgets; and H&R REIT (HR.UN.TO), where activist pressure and a Blackstone offer could unlock value.If you’re a fundamentally driven investor or just curious where smart money is looking next, this episode is for you.Timestamps00:00 Show intro 01:30 JF describes his investing style as opportunistic 02:40 What JF learned during his days at Sprott, and an interesting story about how he got his job 04:20 Why JF is keeping cash on the sidelines and staying defensive 05:30 It’s all about the fundamentals 08:00 JF on momentum trading and his view on Opendoor (OPEN)11:50 What JF learned from shorting Tesla (TSLA)14:00 What’s interesting about the telcos16:20 Why does JF have oil stocks in the penalty box17:50 ITM Mailbag: Altus Group stock (AIF.TO)20:40 InterRent REIT stock (IIP.UN.TO)24:15 Whitecap Resources stock (WCP.TO)25:35 Kraken stock (PNG.V) & MDA Space stock (MDA.TO)28:35 Enterprise Group stock (E.TO)29:35 WELL Health Technologies stock (WELL.TO)31:15 Bitcoin and Bitcoin companies like Microstrategy (MSTR)33:35: JF’s Pro Picks SponsorsThis episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.BMO DISCLAIMER Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization. The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews

Earl Davis is optimistic—and that's rare for a bond investor. In this episode of In the Money with Amber Kanwar, the Head of Fixed Income at BMO Global Asset Management shares why he believes both the U.S. and Canadian economies are stronger than many think—and why fears of an imminent recession are overblown.Davis explains why inflation isn’t heading back to 2% anytime soon, and instead may stabilize at a higher range of 4–5%. He also dives into the outlook for interest rates—why the Federal Reserve might still cut this year even if it shouldn’t, and why elevated rates could be the new reality for years to come.He breaks down what’s really driving markets right now, from tariffs and deficits to Japanese bond yields and central bank policy. Most importantly, he explains how to position your portfolio in a world of sticky inflation, persistent government spending, and shifting global dynamics.Plus, Davis shares his top bond picks—including two investment-grade corporate bonds (Fairfax and Enbridge) and a high-yield name in the defense sector with a 9% coupon.If you're trying to figure out how to invest in today's bond market, make sense of the rate outlook, or understand where inflation is really headed—this is the episode for you.Timestamps00:00 Show Intro01:30 The lingering effects of the pandemic: deficits and inflation03:10 Earl’s high-level view on inflation: it’s going higher08:15 Why Earl thinks the Fed will cut at least once this year, even though he thinks they shouldn’t10:15 How to position in this type of environment11:55 Can tariffs be deflationary?14:00 What happens if there’s a new Fed president?15:45 What about the bond vigilantes?17:45 Why Earl believes the bond market is trading off of Japan20:40 What about Canada’s economy?23:15 Why growth in Canada could surprise to the upside this year26:30 Why the Fed and Bank of Canada will move their inflation targets higher27:30 Why Earl thinks the housing market is not a headwind but a tailwind for Canada29:40 What about immigration?30:45 Earl can’t remember ever being this optimistic32:15 Earl’s Pro Picks38:20 Goodbye & coming up SponsorsThis episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.FIND BMO DISCLAIMERS HERE: https://www.bmo.com/en-ca/main/personal/investments/direct-investing/investorline/itm-pod-disclaimer/In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews

In this episode of In the Money with Amber Kanwar we sit down with veteran investor Gordon Reid of Goodreid Investment Counsel who is actively searching for value beyond the usual Magnificent 7 names. Reid explains how he’s managed to outperform by picking strong performers across the other 493 names in the S&P 500—and where he’s finding the most overlooked opportunities today. Although he does hold some of the usual big tech stocks, he shares 7 stock ideas outside of the Mag 7 that he believes are positioned to outperform, spanning financials, healthcare, and industrials.Reid offers his long-term perspective on tech concentration, American exceptionalism, and why the AI revolution is still in its early innings. In the mailbag, he weighs in on Novo Nordisk (NVO), Eli Lilly (LLY), Merck (MRK), Elevance Health (ELV), UnitedHealth (UNH), Visa (V), Uber (UBER), and RTX (RTX) — revealing which ones he’s buying, avoiding, or watching closely.Plus: Reid’s Pro Picks are all about U.S. financials. Find out why he likes Goldman Sachs (GS), Morgan Stanley (MS), and under-the-radar Jackson Financial (JXN) — and what he sees as the next big catalyst for the sector.💬 Got questions? Drop them in the comments or email us at questions@inthemoneypod.com 📩 Don’t forget to subscribe and turn on notifications for more expert market insights!Timestamps00:00 Show intro with Executive Producer Jillian03:20 Amber welcomes Gordon Reid04:30 Gord thinks U.S. exceptionalism is evolving, but there’s a big opportunity in the U.S.05:30 Thoughts on the AI revolution08:00 How to balance tech exposure with everything else11:30 What about tariffs?14:00 ITM Mailbag: U.S. pharma and Novo Nordisk stock (NVO)20:00 Elevance Health stock (ELV)24:40 Visa stock (V)28:40 RTX stock (RTX)32:45 Gordon’s thoughts on using CDRs35:25 Uber stock (UBER)44:30 Gordon’s Pro Picks: U.S. Banks SponsorsThis episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.BMO DISCLAIMER Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization. The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.In the Money delivers expert stock picks, market analysis, and timely investing insights. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers and financial experts. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews

Adam Waterous thinks the Canadian energy sector is the most compelling opportunity in North America—and he’s putting his money where his mouth is. On this special episode of In the Money with Amber Kanwar, we’ve got a special on-location Calgary Stampede edition hosted by ATB Financial. Amber sits down with the CEO of the Waterous Energy Fund in front of a live audience to unpack Strathcona’s multi-billion takeover bid for MEG Energy and what it says about the future of oil and gas in Canada.Waterous lays out why Canada’s long-life reserves, superior economics, and underappreciated asset base give it a structural advantage over the U.S.—and why now is the time to scale. He explains why MEG is a “plan A-plus” acquisition for Strathcona, how the deal could unlock massive operational synergies, and what makes it accretive for both sides of the table. With a shareholder vote looming, he also makes the case for consolidation as the next phase of growth in a sector that’s been overlooked for too long.Beyond the deal, Waterous shares a bold vision: Canada not only has the resources, but the moral obligation to help solve the global energy poverty crisis—by doubling oil and gas production. It’s a provocative take on Canada’s role in the world, grounded in energy security, economic opportunity, and climate pragmatism.Timestamps00:00 Intro: ITM Stampede Edition 02:25 Understanding Adam’s approach to energy investing 09:10 How does timing factor in? 11:45 What Adam says to the naysayers 14:35 Are there parallels with CNQ? 16:20 Adam’s view on oil prices 18:50 Why did Adam make the bid for Meg Energy now? 24:15 Will Adam sweeten the bid? 32:35 Making the case for why Strathcona should buy Meg 34:20 Is Athabasca another potential opportunity? 38:46 How climate change factors into his thinking? “We have an energy poverty emergency” 43:00 Adam on Mark Carney and his policies 46:45 What needs to change to make Canada succeed? 49:25 Why don’t more of his peers talk about what needs to change in Canada? 52:40 Canada and Alberta has a very bright future  SponsorsThis episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. Linkshttps://inthemoneypod.com/https://instagram.com/inthemoneypodhttps://twitter.com/inthemoneypodhttps://tiktok.com/@inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 DISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.BMO DISCLAIMER Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization. The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.In the Money delivers expert stock picks, market analysis, and timely investing insights. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers and financial experts. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews

Are commodities entering a stealth bull market? In this episode of In the Money with Amber Kanwar, portfolio manager Bob Thompson makes the case for why investors should look beyond tech and get serious about the next major cycle: commodities.Bob explains why gold, copper, uranium, and fertilizer stocks are poised for long-term outperformance and why we may already be in a commodity bull market that most investors are missing. From underinvestment in mining to decade-long US dollar cycles, he breaks down the macro forces driving this pivot and the historical parallels that suggest a major reversion is coming.In the mailbag, Bob names top Canadian stocks and sectors he’s quietly building positions in including Nutrien (NTR), Capstone Copper (CS), ARC Resources (ARX), and Canadian Natural Resources (CNQ). He also shares his outlook on Barrick Gold (ABX), Cameco (CCO), and Telus (T), plus insights on the TSX Venture’s recovery and why gold has outperformed the S&P 500 since 2000.Then in his Pro Picks segment, Bob highlights 3 top-performing funds across energy and mining: the Sprott Physical Silver and Miners ETF (SLVR), the Dynamic Active Mining Opportunities ETF (DXMO), and the Ninepoint Energy Fund all backed by managers with serious alpha-generating track records.If you’re questioning U.S. tech valuations, considering inflation hedges, or wondering how to invest in a multi-year energy and metals supercycle, this episode is packed with high-conviction, data-backed insights you won’t want to miss.Timestamps00:00 Show intro2:40 Why Bob Thompson thinks commodities will be the place to be for the next decade05:20 Why are we in a stealth commodity bull market?08:05 How to think bout being a commodity investor10:50 The companies you should consider investing in during a commodity bull market12:50 In order to get the macro picture right, you have to get the U.S. dollar call right16:00 History doesn’t repeat itself but it rhymes20:30 Crypto & gold 22:10 Why the TSX venture is poised to outperform 24:20 The AI trade as a commodity trade26:00 Risk and reward in commodities and investing31:00 ITM Mailbag: Why Bob likes gold, silver, copper and agriculture stocks36:30 Arc Resources stock (ARX.TO)37:45Canadian Natural Resources stock (CNQ.TO) 42:40 Barrick Gold stock (ABX.TO)46:00 When to take profits in gold 49:40 Favourite non-commodity stock: Telus (T.TO)51:30 Bob’s Pro Picks  SponsorsThis episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.BMO DISCLAIMER Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization. The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.In the Money delivers expert stock picks, market analysis, and timely investing insights. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers and financial experts. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.Contact: questions@inthemoneypod.com#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews.