Podcasts · In the Money with Amber Kanwar

Canada Is Finally Waking Up. These Stocks Could Soar

15 Oct 2026 · 1 h 02 min · Episode 176

Episode Canada Is Finally Waking Up. These Stocks Could Soar

0:00 1:02:05

Canada is on the cusp of what could be a generational investment opportunity. After years of underinvestment, billions of dollars are flowing toward infrastructure, defence, energy and data centres—and some of the biggest beneficiaries may still be overlooked by investors. Andrey Omelchak, President, CEO & CIO at LionGuard Capital, believes Canada's economic transformation is just getting started. After outperforming both the TSX and Nasdaq without relying on big tech or mining stocks, he explains why he's so bullish on Canada's future, where he's finding opportunities and which companies could deliver outsized returns.

In the Mailbag, Andrey weighs in on whether the pullback in 5N Plus (VNP.TO) is a major buying opportunity, whether AI disruption fears are overblown for Stantec (STN.TO) and Lumine Group (LMN.V), and why he's excited about Electrovaya (ELVA.TO) despite its volatility. He also revisits Propel Holdings (PRL.TO) following the collapse in goeasy (GSY.TO), assesses the upside in Mattr (MATR.TO) after its massive rally and explains why he sees more growth ahead for Firan Technology Group (FTG.TO).

In Pro Picks, Andrey reveals three stocks positioned to benefit from a surge in infrastructure, defence and data centre spending: Magellan Aerospace (MAL.TO), Enerflex (EFX.TO) and Badger Infrastructure Solutions (BDGI.TO). He also revisits his previous picks, including Calian Group (CGY.TO), Canaccord Genuity (CF.TO) and Bird Construction (BDT.TO), which has surged 155% since his last appearance. Is there still upside, or is it time to take profits?

Timestamps 00:00 Trailer

01:55 Intro

03:32 Investing Beyond the Broad Market

04:08 How Andrey Chooses Investment Themes

06:08 The Evidence Behind Canada’s Infrastructure Shift

07:44 Is the Opportunity Still Under the Radar?

09:23 Separating Investment Hype from Data

12:26 ITM Mailbag: 5N Plus: Critical Metals and Space (VNP)

15:44 Stantec: AI Fears and Valuation (STN)

18:10 Electrovaya: Batteries, Data Centers, and Growth (ELVA)

23:48 Lumine Group: AI Risks and Compounding (LMN)

30:44 Propel Holdings: Why It’s Different from GoEasy (PRL)

36:28 Matter: Infrastructure Demand and Recovery (MATR)

38:06 Firan Technology : Aerospace and Defense Demand (FTG)

41:00 Andrey’s Past & Pro Picks (CGY, BDT, CF, MAL, EFX, BDGI)

60:04 Closing Bell: Family Time and Road Trips