In this week’s episode, Barry and Ernest discuss the Toronto Twelve. Twelve stocks on the TSX exchange that have compounded their shareholders returns by over 15% a year going back 10 years. They discuss what these companies have in common, what elements have made them so successful, why Canada has so many serial acquirers and the outlook for some of the twelve going forward.

Companies mentioned: Constellation Software, Boyd Group, Descartes, Dollarama, TFI International, Alimentation Couche-Tard, Waste Connections, Toromont, Thomson Reuters, ATS Corporation, FirstService, Colliers

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