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
Sponsors
Thanks to our partners at Guardian Capital LP. Following Conviction, Not the Crowd. Contact your advisor today and ask about Guardian Capital’s Funds and ETFs and visit their website for more information at https://guardiancapital.com
ATB Cormark Capital Markets is a leading North American investment firm providing holistic corporate and capital markets advice and full-service financial solutions. Visit https://ATB.com/inthemoney for more information.
For 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.
Thank you to our partners at Hamilton ETFs. For more information visit https://hamiltonetfs.com
All the charts you’ll see today are sponsored by Wealthsimple Trade. The self-directed trading platform built for active traders in Canada. Learn more at https://app.wealthsimple.com/74rd/83ftma8x
Support for this podcast is brought to you by EQB – the company behind EQ Bank, Canada’s Challenger Bank. For more information visit https://www.eqbank.ca/
The Closing Bell is sponsored by The Haliburton Post House: private executive retreats in Ontario's Haliburton Highlands. Reserve your Fall 2026 or Spring 2027 dates at The Haliburton Post House. Mention In the Money for $1000 off your reservation! E-mail
info@haliburtonposthouse.ca for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
questions@inthemoneypod.com
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.
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
