Brookfield Asset Management Nearly Doubles Value Amid $1 Trillion Asset Growth

Several Canadian stocks stand out as strong candidates for long-term investment, offering stability, growth, and inflation-beating returns. Agnico Eagle Mines has shown significant financial improvement following its acquisition of Kirkland Lake, benefiting from rising gold prices and posting record cash flow, making it an attractive inflation hedge. Dollarama continues to deliver steady returns through its recession-resistant discount retail model, expanding its footprint and consistently increasing dividends, resulting in substantial capital gains over the past five years. Hydro One provides a reliable dividend stock option with a defensive, entrenched role in Ontario's electricity transmission and distribution, offering steady growth and a recent dividend increase despite some cost pressures. Brookfield Asset Management is highlighted as a premier long-term compounder with a diversified portfolio across renewable power, infrastructure, private equity, and real estate, benefiting from a capital-light model and strong fee-bearing assets, making it resilient and well-positioned for growth. These companies collectively illustrate a balanced approach to building a robust Canadian portfolio with exposure to commodities, retail, utilities, and asset management sectors.