17:37:07 EST Sun 08 Feb 2026
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or Name
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Fortis Inc
Symbol FTS
Shares Issued 501,628,516
Close 2025-04-07 C$ 64.32
Market Cap C$ 32,264,746,149
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Globe says Fortis, Emera seen as good bets amid turmoil

2025-04-07 06:58 ET - In the News

Also In the News (C-EMA) Emera Inc

The Globe and Mail reports in its Saturday, April 5, edition that while broader global markets were down last week, analysts and money managers believe some stocks and sectors will outperform this trade war and the economic fallout that is expected to follow. The Globe's Brenda Bouw says that Rebecca Teltscher, portfolio manager at Newhaven Asset Management in Toronto, likes energy infrastructure plays. She says: "While energy products have been hit with 10-per-cent tariffs, the means to transport the energy remain critical and North American energy infrastructure remains integrated and can't be easily replaced. The U.S. is dependent on Canadian oil and those pipelines will remain full." Mr. Teltscher also describes utilities such as Fortis and Emera as a "flight to safety" during periods of economic uncertainty since they generate regulated, consistent returns throughout any market cycle. They also do not have exposure to cross-border trade. And they are stable, dividend-paying names. There are winners and losers in every battle and U.S. President Donald Trump's global trade war -- and the market meltdown it created this week -- is no exception. Gold remains a haven for investors during volatile economic times.

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