Navigate Market Volatility: 3 Canadian Defensive Plays for Steady Returns

News Snapshot:

Last week, the president of the United States, Donald Trump, announced a 90-day delay in imposing reciprocal tariffs except for on China. These announcements appear to have brought some relief, driving the equity markets higher. The S&P/TSX Composite Index rose 6.9% from last week’s lows. Despite the recent recovery, I expect the equity markets to remain volatile in the near term due to the uncertainty over the impact of the trade war on global economic growth. Amid the uncertain outlook, investors should strengthen their portfolios with quality defensive stocks that are less prone to broader market conditions. Let’s look at...