Issue 25 – Infrastructure Spending Is on The Rise (Part 2)

Last week I wrote about Aecon Group Inc. (TSX: ARE) and how the company is well positioned to capitalize on a boost in infrastructure spending by governments. WSP Global Inc. (TSX:WSP) is another Canadian company that stands to profit from an upturn in infrastructure. WSP offers professional engineering services that are focused on the construction, energy, infrastructure, telecommunications, environmental and transportation industries. The company is a ‘pure play’ with a strong focus on consulting and design, unlike Aecon whose focus is geared towards project execution (i.e. the actual construction).

Disclaimer: Palos Funds are shareholders of ARE, WSP.

 

By Charles Marleau, CIM

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By Charles Marleau, CIM

 

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By Hubert Marleau

 

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By William Mitchell

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