* All figures are in C$ unless otherwise noted, except for commodity prices, which are in US$.

Last week, companies on our list of FRC Model Picks returned +0.7% on average vs -0.5% for the benchmark (NYSE Equal Sector Weight/EQL). Since inception on February 9, 2026, our picks have returned +5.0% on average vs +2.7% for the benchmark.

Last week, companies on our list of FRC Top Picks returned -2.3% on average vs +3.7% for the benchmark (TSXV). Our picks have outperformed the benchmark in four of the seven time periods reviewed.

Equity markets advanced last week, led by industrials, basic materials, and consumer cyclical sectors. Healthcare and consumer defensive lagged as investors rotated out of defensive sectors, and into growth-oriented areas. While developments in the Middle East remain a key focus, we note that investor attention is increasingly shifting toward inflation data, central bank commentary, and economic indicators.

In this edition, we highlight recent developments from companies under coverage, including a financial services company, and junior resource companies focused on copper, gold, and phosphate.

*Past performance is not indicative of future performance.

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