Canadian Stocks Surge As Optimism On End To Gulf Crisis Increases

The article says Yum! Brands’ divestiture deal is expected to improve earnings quality and support its capital return program, citing an annualized dividend of $3 (about a 2% yield) and a 48% payout ratio. It argues the transaction may lift valuation floors for legacy QSR assets and create a “sympathy” rotation into Restaurant Brands International, which reported 3.2% same-store sales growth and 26.8% operating margins in Q1 2026, alongside a $500 million repurchase authorization and a 3.5% divi

The article says BCE has faced “industry headwinds” and previously cut its dividend by just over half, leaving investors focused on whether the payout can be sustained and grown. It claims BCE’s dividend yield is just over 5% and that its free-cash-flow payout ratio is comfortable. It notes BCE trades at about 5x trailing P/E and suggests waiting for a breakout above $35–$36.

The article says Brookfield Asset Management (TSX:BAM) is about 25% below its 52-week high and offers a dividend yield of more than 4%. It attributes Brookfield’s earnings stability to recurring management fees from long-term/perpetual capital and says it returns over 90% of distributable earnings via dividends. Brookfield reported Q1 fee-related earnings of $772 million, up 11% year over year, and increased its dividend by 15%.

Tintina Mines Limited (TSXV:TTS) announced a proposed C$91 million private placement of subscription receipts at C$0.68 each, with a pre-money valuation of about C$138 million, anchored by Sumitomo and the Gignac family. Net proceeds will advance the Domeyko Sulfuros copper-gold project to final investment decision and fund a C$36 million purchase to consolidate 100% ownership. Closing is targeted for mid-July 2026.

Canada’s S&P/TSX Composite fell 0.33% to 34,655.36 as U.S.-Iran peace-deal uncertainty rose after reports Iran may stop communicating with the U.S. and close the Strait of Hormuz. Oil jumped on U.S. strikes, lifting energy and tech; the IT Capped Index rose ~5.5% (Coveo +13.2%, Docebo ~+10%). Manufacturing PMI stayed in growth at 52.9.

Brookfield Corporation spun off Brookfield Asset Management in late 2022; Brookfield still owns about 73% of BAM. Since BAM’s first trade, its stock is up 53% (72% total return with dividends) versus Brookfield’s 82% (86% total return). The article attributes Brookfield’s outperformance to stronger NAV growth as rates fell, and cites 2025 DE/share +11% and expected 2026 +19%-23% for Brookfield, versus BAM FRE/share +22% in 2025 and expected 2026 +14%-17%.