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The TSX stocks that could be winners from Mark Carney's list of major projects
Financialpostยท 2025-09-12 21:32
Group 1 - Prime Minister Mark Carney plans to fast-track five national interest projects, including LNG Canada Phase 2, Darlington new nuclear projects, Contrecoeur container project, McIlvenna Bay Foran copper mine, and Red Chris mine expansion [1] - RBC Capital Markets analysts favor TC Energy Corp. for its potential expansion of the Coastal GasLink pipeline to support LNG Canada Phase 2 [1] - TD Cowen analysts identify Canadian National Railway Co. as a potential winner, expecting it to double volumes of natural gas liquids for LNG Canada Phase 2 [1] Group 2 - Emera Inc. and Hydro One Ltd. are seen as beneficiaries in the development of power lines to Nova Scotia and Ontario's Ring of Fire, which is rich in critical minerals [1] - Analysts also highlight Atco Ltd. for its role in power generation and distribution in North America [1] - Caterpillar dealers Finning International Inc. and Toromont Industries Ltd. are expected to benefit from earth-moving projects related to the identified national interest projects [1] Group 3 - ATS Corp. is already involved in the development of the Darlington small modular nuclear reactor program [1] - Five engineering and compliance firms, including Aecon Group Inc., AtkinsRealis Group Inc., Bird Construction Inc., Stantec Inc., and WSP Global Inc., are considered capable of participating in both the five major projects and additional early-stage projects [1]