Paul Carter on Canadian Stock Valuations and Sector Opportunities

Paul Carter, chief investment officer at Capstone Asset Management Inc., stated that while stock market valuations are expensive, he identifies value in certain Canadian companies. He noted that many Canadian businesses are benefiting from increased spending in infrastructure, defense, energy, and critical minerals, despite the risk posed by U.S. tariffs. His investment strategy is dividend-income focused and value-oriented, guided by Capstone’s Christian principles.

Carter’s perspective suggests that long-term value may exist in specific Canadian sectors if reasonable prices are paid. Capstone’s Canadian equity composite has shown strong performance, returning 16.9 per cent year-to-date and 23.7 per cent over the past year. This indicates potential investor interest in value-oriented Canadian businesses.