17:37:13 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Fortis Inc
Symbol FTS
Shares Issued 499,369,821
Close 2025-03-21 C$ 64.55
Market Cap C$ 32,234,321,946
Recent Sedar+ Documents

Globe says Fortis, others seen as Trump escape hatch

2025-03-24 08:30 ET - In the News

Also In the News (C-CU) Canadian Utilities Ltd
Also In the News (C-H) Hydro One Ltd

The Globe and Mail reports in its Saturday edition that Wall Street welcomed Donald Trump with a soaring stock market. The Globe's Ian McGugan writes, however, that ended three months ago. Now, investors are searching for a haven from Washington's lunacy. Mr. McGugan thinks investors should consider Canadian electrical utilities as a way to ride out Washington's lunacy. Several of them -- Canadian Utilities, Fortis and Hydro One -- offer a tempting combination of reliable dividends with reasonable value and decent growth prospects. They are especially attractive right now because they are somewhat insulated from any slowdown in consumer spending that may occur because of tariff wars. Will investing in any of these havens produce spectacular returns? In all honesty, probably not. But they can produce decent results while helping you navigate Trump-induced turbulence. Also worth considering is European stocks. They are considerably cheaper than U.S. stocks on just about any metric you care to consider -- price-to-sales, price-to-earnings, price-to-book. Europe has an aging population, few big technology companies and complicated politics. But they do not have to do much to deliver a pleasant surprise.

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