{"id":52134,"date":"2024-07-16T12:42:39","date_gmt":"2024-07-16T12:42:39","guid":{"rendered":"https:\/\/www.inovestor.com\/?p=52134"},"modified":"2024-07-16T12:51:06","modified_gmt":"2024-07-16T12:51:06","slug":"seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates","status":"publish","type":"post","link":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/","title":{"rendered":"Seven undervalued TSX financials positioned for sustained higher interest rates"},"content":{"rendered":"<h3 class=\"text-pb-6 hl3 mt-40 mb-24 c-article-body__subheading-v2 c-article-body__subheading-v2--level3 c-article-body__subheading-v2--regular\">What are we looking for?<\/h3>\n<p class=\"c-article-body__text text-pr-5\">Large financials with attractive trade-offs between performance and valuation.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Most investors expect interest rates to fall in the short to medium term. However, inflation tends to be sticky, at least in the medium term. Consequently, we do not expect rates to return to the abnormally low levels seen after the global financial crisis.<\/p>\n<p class=\"c-article-body__text text-pr-5\">We believe that a structurally higher interest-rate environment can benefit companies in the financial sector, as their operations tend to be positively affected by greater sustained nominal investment returns<\/p>\n<p>&nbsp;<\/p>\n<h3 class=\"text-pb-6 hl3 mt-40 mb-24 c-article-body__subheading-v2 c-article-body__subheading-v2--level3 c-article-body__subheading-v2--regular\">The screen<\/h3>\n<p class=\"c-article-body__text text-pr-5\">We screened Canadian financials focusing on the following criteria:<\/p>\n<ul>\n<li class=\"c-article-body__li text-pr-7\">market capitalization above $10-billion;<\/li>\n<li class=\"c-article-body__li text-pr-7\">price-to-intrinsic value below 1. The intrinsic value is calculated from an EVA discounted cash-flow model in which the assumptions are automatically determined by our software based on historical trends;<\/li>\n<li class=\"c-article-body__li text-pr-7\">StockPointer (SP) score greater than 65. The score mainly considers risk-adjusted return on capital, earnings-per-share growth and free cash flow. The score varies between zero and 100. A score above 65 implies a performing company;<\/li>\n<li class=\"c-article-body__li text-pr-7\">positive three-month NOPAT (net operating profit after tax) growth.<\/li>\n<\/ul>\n<p class=\"c-article-body__text text-pr-5\">For information purposes, we added return on capital, economic performance index (which represents the return on capital divided by the cost of capital), price-to-earnings ratio, one-year price return and dividend yield. Please note that some ratios may be shown as of the end of the previous quarter.<\/p>\n<h3 class=\"text-pb-6 hl3 mt-40 mb-24 c-article-body__subheading-v2 c-article-body__subheading-v2--level3 c-article-body__subheading-v2--regular\">More about Inovestor<\/h3>\n<p class=\"c-article-body__text text-pr-5\"><a href=\"https:\/\/www.inovestor.com\/en-CA\/how-it-works\/\">Inovestor for Advisors<\/a>\u00a0is a fundamental-analysis research platform specializing in the economic value-added (EVA) approach. With Inovestor, advisers can quickly identify attractive investment opportunities, outsource their stock picking by using model portfolios and easily communicate investment decisions with clients through client-friendly reports.<\/p>\n<h3 class=\"text-pb-6 hl3 mt-40 mb-24 c-article-body__subheading-v2 c-article-body__subheading-v2--level3 c-article-body__subheading-v2--regular\">What we found<\/h3>\n<div class=\"rawHtml\">\n<div class=\"gi-module gi-embed gi-table\">\n<h3>Undervalued Canadian financials<\/h3>\n<\/div>\n<table width=\"1211\">\n<tbody>\n<tr>\n<td width=\"57\">TICKER<\/td>\n<td width=\"287\">NAME<\/td>\n<td width=\"71\">PRICE ($)<\/td>\n<td width=\"130\">MKT VALUE ($BIL.)<\/td>\n<td width=\"45\">P\/IV<\/td>\n<td width=\"76\">SP SCORE<\/td>\n<td width=\"150\">3M NOPAT GRTH. (%)<\/td>\n<td width=\"65\">ROC (%)<\/td>\n<td width=\"55\">EPI<\/td>\n<td width=\"47\">P\/E<\/td>\n<td width=\"132\">1Y PRICE RTN. (%)<\/td>\n<td width=\"96\">DIV. YLD. (%)<\/td>\n<\/tr>\n<tr>\n<td>NA-T<\/td>\n<td>NATIONAL BANK OF CANADA<\/td>\n<td>113.65<\/td>\n<td>38.6<\/td>\n<td>0.68<\/td>\n<td>72<\/td>\n<td>1.8<\/td>\n<td>15.2<\/td>\n<td>1.5<\/td>\n<td>11.7<\/td>\n<td>14.4<\/td>\n<td>4.0<\/td>\n<\/tr>\n<tr>\n<td>GWO-T<\/td>\n<td>GREAT-WEST LIFECO INC.<\/td>\n<td>40.07<\/td>\n<td>37.4<\/td>\n<td>0.75<\/td>\n<td>69<\/td>\n<td>12.4<\/td>\n<td>16.1<\/td>\n<td>1.8<\/td>\n<td>11.4<\/td>\n<td>3.8<\/td>\n<td>5.6<\/td>\n<\/tr>\n<tr>\n<td>SLF-T<\/td>\n<td>SUN LIFE FINANCIAL INC.<\/td>\n<td>68.54<\/td>\n<td>39.9<\/td>\n<td>0.79<\/td>\n<td>71<\/td>\n<td>3.3<\/td>\n<td>15.9<\/td>\n<td>1.7<\/td>\n<td>12.9<\/td>\n<td>2.3<\/td>\n<td>4.9<\/td>\n<\/tr>\n<tr>\n<td>IFC-T<\/td>\n<td>INTACT FINANCIAL CORPORATION<\/td>\n<td>237.67<\/td>\n<td>42.4<\/td>\n<td>0.84<\/td>\n<td>68<\/td>\n<td>17.9<\/td>\n<td>10.5<\/td>\n<td>1.5<\/td>\n<td>27.6<\/td>\n<td>22.0<\/td>\n<td>2.1<\/td>\n<\/tr>\n<tr>\n<td>CM-T<\/td>\n<td>CANADIAN IMPERIAL BANK OF COMMERCE<\/td>\n<td>66.99<\/td>\n<td>63.2<\/td>\n<td>0.86<\/td>\n<td>65<\/td>\n<td>1.1<\/td>\n<td>12.1<\/td>\n<td>1.2<\/td>\n<td>10.2<\/td>\n<td>20.2<\/td>\n<td>5.5<\/td>\n<\/tr>\n<tr>\n<td>RY-T<\/td>\n<td>ROYAL BANK OF CANADA<\/td>\n<td>151.58<\/td>\n<td>214.4<\/td>\n<td>0.86<\/td>\n<td>68<\/td>\n<td>1.9<\/td>\n<td>13.7<\/td>\n<td>1.5<\/td>\n<td>13.9<\/td>\n<td>20.2<\/td>\n<td>3.8<\/td>\n<\/tr>\n<tr>\n<td>POW-T<\/td>\n<td>POWER CORPORATION OF CANADA<\/td>\n<td>39.87<\/td>\n<td>25.9<\/td>\n<td>0.99<\/td>\n<td>70<\/td>\n<td>18.8<\/td>\n<td>15.6<\/td>\n<td>1.6<\/td>\n<td>9.5<\/td>\n<td>8.5<\/td>\n<td>5.9<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p class=\"c-article-body__text text-pr-5\"><b>National Bank of Canada<\/b>\u00a0(NA-T)\u00a0is the sixth-largest bank in Canada and the most undervalued stock based on its price-to-intrinsic value at 0.68. It has the highest SP score standing at 72, representing remarkable quality and performance. The company has a return on capital of 15.2 per cent and a P\/E ratio of 11.7, which is on par with its peers. Structurally higher interest rates could benefit National Bank by increasing its long-term net interest margin on its loan portfolio.<\/p>\n<p class=\"c-article-body__text text-pr-5\"><b>Great-West Lifeco Inc.<\/b> (GWO-T)\u00a0is a financial services holding company with assets in life insurance, health insurance, and retirement and investment services. It is the second-most undervalued company on our list, with a price-to-intrinsic of 0.75. It has the highest return on capital at 16.1 per cent and EPI at 1.8, while boasting a solid SP score of 69. Higher long-term interest rates may benefit the company by boosting returns on its investment portfolios.<\/p>\n<p class=\"c-article-body__text text-pr-5\"><b>Sun Life Financial Inc.<\/b> (SLF-T) provides financial services in asset and wealth management and life and health insurance. It holds an impressive SP score of 71, an EPI of 1.7 and a return on capital of 15.9 per cent, all second on our list. Similarly to Great-West Lifeco, its investment portfolio could benefit from higher long-term interest rates. Additionally, insurance products, such as annuities, could become more attractive to clients, potentially boosting sales volumes in its wealth-management line.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Investors are advised to do further research before investing in any of the companies listed in the accompanying table.<\/p>\n<p class=\"c-article-body__text text-pr-5\"><i>For more details about these stocks, subscribe to the<\/i><a href=\"https:\/\/www.inovestor.com\/en-CA\/store\/\"><i>\u00a0Inovestor for Advisors<\/i><\/a><i>\u00a0platform for free.<\/i><\/p>\n<p class=\"c-article-body__text text-pr-5\"><i>Anthony M\u00e9nard, CFA, is vice-president of data management at Inovestor.<\/i><\/p>\n<p class=\"c-article-body__text text-pr-5\"><i>Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.\u00a0<\/i><a href=\"https:\/\/www.theglobeandmail.com\/newsletters\/#newsletter-group-3\"><i>Sign up today<\/i><\/a><i>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What are we looking for? Large financials with attractive trade-offs between performance and valuation. Most investors expect interest rates to fall in the short to medium term. However, inflation tends to be sticky, at least in the medium term. Consequently, we do not expect rates to return to the abnormally low levels seen after the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-52134","post","type-post","status-publish","format-standard","hentry","category-number-cruncher"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Seven undervalued TSX financials positioned for sustained higher interest rates - Inovestor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seven undervalued TSX financials positioned for sustained higher interest rates\" \/>\n<meta property=\"og:description\" content=\"What are we looking for? Large financials with attractive trade-offs between performance and valuation. Most investors expect interest rates to fall in the short to medium term. However, inflation tends to be sticky, at least in the medium term. Consequently, we do not expect rates to return to the abnormally low levels seen after the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/\" \/>\n<meta property=\"og:site_name\" content=\"Inovestor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Inovestor\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-16T12:42:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-16T12:51:06+00:00\" \/>\n<meta name=\"author\" content=\"Anthony Menard\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Inovestor_\" \/>\n<meta name=\"twitter:site\" content=\"@Inovestor_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anthony Menard\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/\"},\"author\":{\"name\":\"Anthony Menard\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/person\/a47ac16db946331b2be8a8f78c89331d\"},\"headline\":\"Seven undervalued TSX financials positioned for sustained higher interest rates\",\"datePublished\":\"2024-07-16T12:42:39+00:00\",\"dateModified\":\"2024-07-16T12:51:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/\"},\"wordCount\":630,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#organization\"},\"articleSection\":[\"Number Cruncher\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/\",\"url\":\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/\",\"name\":\"Seven undervalued TSX financials positioned for sustained higher interest rates - Inovestor\",\"isPartOf\":{\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#website\"},\"datePublished\":\"2024-07-16T12:42:39+00:00\",\"dateModified\":\"2024-07-16T12:51:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.inovestor.com\/en-ca\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Seven undervalued TSX financials positioned for sustained higher interest rates\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#website\",\"url\":\"https:\/\/www.inovestor.com\/en-ca\/\",\"name\":\"Inovestor\",\"description\":\"Make investment decisions that matter most\",\"publisher\":{\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.inovestor.com\/en-ca\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#organization\",\"name\":\"Inovestor\",\"url\":\"https:\/\/www.inovestor.com\/en-ca\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.inovestor.com\/wp-content\/uploads\/2022\/04\/Inovestor-logo-high-res.png\",\"contentUrl\":\"https:\/\/www.inovestor.com\/wp-content\/uploads\/2022\/04\/Inovestor-logo-high-res.png\",\"width\":1581,\"height\":422,\"caption\":\"Inovestor\"},\"image\":{\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Inovestor\/\",\"https:\/\/x.com\/Inovestor_\",\"https:\/\/www.linkedin.com\/company\/inovestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/person\/a47ac16db946331b2be8a8f78c89331d\",\"name\":\"Anthony Menard\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a7ecddb37c5e2996c7e909f93b2f06d1fa4aa5c9b529235fb3916c7a825a2f7f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a7ecddb37c5e2996c7e909f93b2f06d1fa4aa5c9b529235fb3916c7a825a2f7f?s=96&d=mm&r=g\",\"caption\":\"Anthony Menard\"},\"url\":\"https:\/\/www.inovestor.com\/en-ca\/author\/amenardinovestor-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Seven undervalued TSX financials positioned for sustained higher interest rates - Inovestor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/","og_locale":"en_US","og_type":"article","og_title":"Seven undervalued TSX financials positioned for sustained higher interest rates","og_description":"What are we looking for? Large financials with attractive trade-offs between performance and valuation. Most investors expect interest rates to fall in the short to medium term. However, inflation tends to be sticky, at least in the medium term. Consequently, we do not expect rates to return to the abnormally low levels seen after the [&hellip;]","og_url":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/","og_site_name":"Inovestor","article_publisher":"https:\/\/www.facebook.com\/Inovestor\/","article_published_time":"2024-07-16T12:42:39+00:00","article_modified_time":"2024-07-16T12:51:06+00:00","author":"Anthony Menard","twitter_card":"summary_large_image","twitter_creator":"@Inovestor_","twitter_site":"@Inovestor_","twitter_misc":{"Written by":"Anthony Menard","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/#article","isPartOf":{"@id":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/"},"author":{"name":"Anthony Menard","@id":"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/person\/a47ac16db946331b2be8a8f78c89331d"},"headline":"Seven undervalued TSX financials positioned for sustained higher interest rates","datePublished":"2024-07-16T12:42:39+00:00","dateModified":"2024-07-16T12:51:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/"},"wordCount":630,"commentCount":0,"publisher":{"@id":"https:\/\/www.inovestor.com\/en-ca\/#organization"},"articleSection":["Number Cruncher"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/","url":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/","name":"Seven undervalued TSX financials positioned for sustained higher interest rates - Inovestor","isPartOf":{"@id":"https:\/\/www.inovestor.com\/en-ca\/#website"},"datePublished":"2024-07-16T12:42:39+00:00","dateModified":"2024-07-16T12:51:06+00:00","breadcrumb":{"@id":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.inovestor.com\/en-ca\/2024\/07\/seven-undervalued-tsx-financials-positioned-for-sustained-higher-interest-rates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.inovestor.com\/en-ca\/"},{"@type":"ListItem","position":2,"name":"Seven undervalued TSX financials positioned for sustained higher interest rates"}]},{"@type":"WebSite","@id":"https:\/\/www.inovestor.com\/en-ca\/#website","url":"https:\/\/www.inovestor.com\/en-ca\/","name":"Inovestor","description":"Make investment decisions that matter most","publisher":{"@id":"https:\/\/www.inovestor.com\/en-ca\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.inovestor.com\/en-ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/www.inovestor.com\/en-ca\/#organization","name":"Inovestor","url":"https:\/\/www.inovestor.com\/en-ca\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/logo\/image\/","url":"https:\/\/www.inovestor.com\/wp-content\/uploads\/2022\/04\/Inovestor-logo-high-res.png","contentUrl":"https:\/\/www.inovestor.com\/wp-content\/uploads\/2022\/04\/Inovestor-logo-high-res.png","width":1581,"height":422,"caption":"Inovestor"},"image":{"@id":"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Inovestor\/","https:\/\/x.com\/Inovestor_","https:\/\/www.linkedin.com\/company\/inovestor"]},{"@type":"Person","@id":"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/person\/a47ac16db946331b2be8a8f78c89331d","name":"Anthony Menard","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.inovestor.com\/en-ca\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a7ecddb37c5e2996c7e909f93b2f06d1fa4aa5c9b529235fb3916c7a825a2f7f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a7ecddb37c5e2996c7e909f93b2f06d1fa4aa5c9b529235fb3916c7a825a2f7f?s=96&d=mm&r=g","caption":"Anthony Menard"},"url":"https:\/\/www.inovestor.com\/en-ca\/author\/amenardinovestor-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/posts\/52134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/comments?post=52134"}],"version-history":[{"count":1,"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/posts\/52134\/revisions"}],"predecessor-version":[{"id":52135,"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/posts\/52134\/revisions\/52135"}],"wp:attachment":[{"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/media?parent=52134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/categories?post=52134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inovestor.com\/en-ca\/wp-json\/wp\/v2\/tags?post=52134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}