| SU (Hold): 4Q results—slight miss; capex cuts a small step in the right direction |
| SAP (Hold): Masterful operational execution in 3Q FY16; maintaining Hold rating with an increased target of C$38 (from C$34) |
| MEG (Hold): 4Q results; focused on managing liquidity and Access Pipeline divestiture |
| MBT (Buy): MTS restructuring starting to show results, investors get a bonus buyback |
| BEP.UN (Buy): 7% distribution increase hits mid-point of targeted range; reiterating Buy rating |
| BCE (Hold): A good quarter with another dividend hike; waiting for a better entry point |
| P (Sell): Potential tax change could result in negative correlation to silver |
| Morning Pulse: BCE (Hold), BEP.UN (Buy), GS (Hold), MBT (Buy), MEG (Hold), P (Sell), SAP (Hold), SU (Hold), Oil & Gas |