This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional.														Estimates	Estimates	Estimates
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet.														Q2 2024
See my website on stocks or see my blog at the following sites.							https://spbrunner.com/stocks.html				https://spbrunner.blogspot.com/							Reports in CDN$, but pays dividend in US$.
GFL Environmental Inc					TSX	GFL	NYSE	GFL	https://gflenv.com/			Fiscal Yr:	Dec 31
Year	12/31/13	12/31/14	12/31/15	12/31/16	12/31/17	12/31/18	12/31/19	12/31/20	12/31/21	12/31/22	12/31/23	12/31/24	12/31/25	12/31/26	12/31/27	12/31/28		Value	Description	#Y	Item	Total G	Currency
Accounting Rules						IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS					Accounting Rules
Currency Statements								<--CDN$	CDN$-->
Currency Dividends								US$-->
USD - CDN$	1.0636	1.1601	1.3847	1.3427	1.2545	1.3642	1.2988	1.2732	1.2678	1.3544	1.3226	1.4389	1.3706	1.3943	1.3943	1.3943		2.07%	<-IRR #YR->	4	USD - CDN$
Change	6.91%	9.07%	19.36%	-3.04%	-6.57%	8.74%	-4.79%	-1.97%	-0.42%	6.83%	-2.35%	8.79%	-4.75%	1.73%	0.00%	0.00%		2.18%	<-IRR #YR->	9	USD - CDN$
Exchange 5 years								-1.2988	0.0000	0.0000	0.0000	0.0000	1.4389
Exchange 10 years			-1.1601	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	1.4389
														$5,001	<-12 mths	3.59%
Revenue* US$						$1,358.0	$2,576.9	$3,295.8	$4,358.3	$4,992.1	$5,682.4	$5,463.9	$4,827.0	$5,386.9	$5,807.2	$6,165.1		255.45%	<-Total Growth	7	Revenue
Increase							89.76%	27.90%	32.24%	14.54%	13.83%	-3.84%	-11.66%	11.60%	7.80%	6.16%		19.86%	<-IRR #YR->	7	Revenue	10.75%	US$
5 year Running Average										$3,316	$4,181	$4,758	$5,065	$5,270.5	$5,433.5	$5,530.0		7.93%	<-IRR #YR->	5	Revenue	46.46%	US$
Revenue per Share						$7.51	$14.25	$9.29	$11.62	$13.13	$13.93	$13.26	$13.01	$14.52	$15.65	#DIV/0!		15.16%	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	US$
Increase							89.76%	-34.85%	25.14%	12.99%	6.09%	-4.79%	-1.89%	11.60%	7.80%	#DIV/0!		15.16%	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	US$
5 year Running Average										$11.16	$12.44	$12.25	$12.99	$13.57	$14.08	#DIV/0!		8.16%	<-IRR #YR->	7	Revenue per Share	#DIV/0!	US$
P/S (Price/Sales) Med						0.00	0.00	2.25	2.97	2.35	2.38	2.92	3.59	2.72	0.00	#DIV/0!		6.98%	<-IRR #YR->	5	Revenue per Share	40.12%	US$
P/S (Price/Sales) Close						0.00	1.18	3.14	3.26	2.23	2.48	3.36	3.36	2.88	2.67	#DIV/0!		5.19%	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	US$
*Sales in M US $					P/S Med	20 yr	2.37	15 yr	2.37	10 yr	2.37	5 yr	2.92		21.61%	Diff M/C		5.19%	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	US$
						-$1,358.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$4,827.0
								-$3,295.8	$0.0	$0.0	$0.0	$0.0	$4,827.0
										-$3,316.2	$0.0	$0.0	$5,064.7
										-$3,316.2	$0.0	$0.0	$5,064.7
						-$7.51	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$13.01
								-$9.29	$0.00	$0.00	$0.00	$0.00	$13.01
										-$11.16	$0.00	$0.00	$12.99
										-$11.16	$0.00	$0.00	$12.99
														$6,972	<-12 mths	5.39%
Revenue* CDN$						$1,852.6	$3,346.9	$4,196.2	$5,525.5	$6,761.3	$7,515.5	$7,862.0	$6,615.9	$7,511.0	$8,097.0	$8,596.0		257.11%	<-Total Growth	7	Revenue
Increase							80.66%	25.38%	31.68%	22.37%	11.15%	4.61%	-15.85%	13.53%	7.80%	6.16%		19.94%	<-IRR #YR->	7	Revenue	#DIV/0!	CDN$
5 year Running Average										$4,336.5	$5,469.1	$6,372.1	$6,856.0	$7,253.1	$7,520.3	$7,736.4		9.53%	<-IRR #YR->	5	Revenue	57.66%	CDN$
Revenue per Share						$10.25	$18.51	$11.82	$14.73	$17.78	$18.42	$19.08	$17.83	$20.25	$21.83	#DIV/0!		16.50%	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	CDN$
Increase							80.66%	-36.14%	24.61%	20.71%	3.60%	3.58%	-6.55%	13.53%	7.80%	#DIV/0!		16.50%	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	CDN$
5 year Running Average										$14.62	$16.25	$16.37	$17.57	$18.67	$19.48	#DIV/0!		8.24%	<-IRR #YR->	7	Revenue per Share	#DIV/0!	CDN$
P/S (Price/Sales) Med						0.00	0.00	2.32	3.00	2.23	2.42	2.84	3.67	2.69	0.00	#DIV/0!		8.57%	<-IRR #YR->	5	Revenue per Share	50.84%	CDN$
P/S (Price/Sales) Close						0.00	1.21	3.14	3.25	2.22	2.48	3.36	3.31	2.86	2.66	#DIV/0!		6.32%	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	CDN$
*Sales in M CDN $					P/S Med	20 yr	2.37	15 yr	2.37	10 yr	2.37	5 yr	2.84		20.87%	Diff M/C		6.32%	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	CDN$
						-$1,852.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$6,615.9
								-$4,196.2	$0.0	$0.0	$0.0	$0.0	$6,615.9
										-$4,336.5	$0.0	$0.0	$6,856.0
										-$4,336.5	$0.0	$0.0	$6,856.0
						-$10.25	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$17.83
								-$11.82	$0.00	$0.00	$0.00	$0.00	$17.83
										-$14.62	$0.00	$0.00	$17.57
										-$14.62	$0.00	$0.00	$17.57
														$225.35	<-12 mths	8.79%
														$0.61	<-12 mths	11.41%
Adjusted Profit US$								$48.9	$122.3	$131.5	$271.2	$223.3	$207.1					324.00%	<-Total Growth	5	Adjusted Profit US$
Basic								$0.13	$0.34	$0.36	$0.73	$0.58	$0.55					309.82%	<-Total Growth	5	AEPS
AEPS* Dilued								$0.13	$0.34	$0.36	$0.73	$0.58	$0.55	$0.60	$0.85	$0.85		309.82%	<-Total Growth	5	AEPS
Increase									154.02%	6.67%	102.72%	-20.40%	-6.26%	8.79%	42.17%	0.00%		6	0	6	Years of Data, EPS P or N	100.00%	US$
AEPS Yield								0.46%	0.90%	1.24%	2.13%	1.31%	1.25%	1.43%	2.03%	2.03%		32.59%	<-IRR #YR->	5	AEPS	#DIV/0!	US$
5 year Running Average												$0.43	$0.51	$0.56	$0.66	$0.68		32.59%	<-IRR #YR->	5	AEPS	309.82%	US$
Payout Ratio								22.47%	12.97%	12.99%	6.95%	-99.35%	127.19%	0.00%	0.00%	0.00%		19.23%	<-IRR #YR->	1	5 yr Running Average	#DIV/0!	US$
5 year Running Average												-8.79%	12.15%	9.56%	6.96%	5.57%		19.23%	<-IRR #YR->	1	5 yr Running Average	#DIV/0!	US$
Price/AEPS Median								156.19	101.69	85.27	45.23	66.28	85.45	66.24	0.00	0.00		85.36	<-Median->	6	Price/AEPS Median		US$
Price/AEPS High								218.54	121.41	104.37	52.96	80.13	94.26	76.13	0.00	0.00		99.32	<-Median->	6	Price/AEPS High		US$
Price/AEPS Low								93.84	81.96	66.17	37.50	52.43	76.64	56.34	0.00	0.00		71.41	<-Median->	6	Price/AEPS Low		US$
Price/AEPS Close								218.54	111.60	80.79	47.05	76.30	79.88	70.17	49.36	49.36		80.34	<-Median->	6	Price/AEPS Close		US$
Trailing P/AEPS Close									283.47	86.18	95.39	60.73	74.87	76.33	70.17	49.36		86.18	<-Median->	5	Trailing P/AEPS Close		US$
Median Values		DPR	10 Yrs	12.98%	5 Yrs	12.97%	P/CF	5 Yrs	in order	85.27	94.26	66.17	79.88		-17.71%	Diff M/C					DPR 75% to 95% best		US$
* EPS from TD WebBroker
								-$0.13	$0.00	$0.00	$0.00	$0.00	$0.55
								-$0.13	$0.00	$0.00	$0.00	$0.00	$0.55
												-$0.43	$0.51
												-$0.43	$0.51
														$314.20	<-12 mths	10.67%
														$0.85	<-12 mths	13.33%
Adjusted Profit CDN$								$62.2	$155.1	$178.1	$358.7	$321.3	$283.9					356.43%	<-Total Growth	5	Adjusted Profit CDN$
Basic								$0.17	$0.43	$0.49	$0.97	$0.84	$0.75					341.18%	<-Total Growth	5	AEPS	TD Banks
AEPS* Dilued								$0.17	$0.43	$0.49	$0.97	$0.84	$0.75	$0.83	$1.18	$1.18		341.18%	<-Total Growth	5	AEPS
Increase									152.94%	13.95%	97.96%	-13.40%	-10.71%	10.67%	42.17%	0.00%		6	0	6	Years of Data, EPS P or N	100.00%	CDN$
AEPS Yield								0.46%	0.90%	1.24%	2.12%	1.31%	1.27%	1.43%	2.04%	2.04%		34.56%	<-IRR #YR->	5	AEPS	#DIV/0!	CDN$
5 year Running Average												$0.58	$0.70	$0.78	$0.91	$0.96		34.56%	<-IRR #YR->	5	AEPS	341.18%	CDN$
Payout Ratio								22.47%	12.97%	12.99%	6.95%	9.42%	11.00%	11.10%	7.99%	7.99%		20.00%	<-IRR #YR->	1	5 yr Running Average	#DIV/0!	CDN$
5 year Running Average												12.96%	10.67%	10.29%	9.29%	9.50%		20.00%	<-IRR #YR->	1	5 yr Running Average	#DIV/0!	CDN$
Price/AEPS Median								161.38	102.74	80.78	45.88	64.54	87.32	65.53	0.00	0.00		84.05	<-Median->	6	Price/AEPS Median		CDN$
Price/AEPS High								218.29	122.67	96.24	53.35	79.06	94.93	75.33	0.00	0.00		95.59	<-Median->	6	Price/AEPS High		CDN$
Price/AEPS Low								104.47	82.81	65.31	38.40	50.02	79.71	55.73	0.00	0.00		72.51	<-Median->	6	Price/AEPS Low		CDN$
Price/AEPS Close								218.29	111.23	80.69	47.12	76.29	78.61	69.82	49.11	49.11		79.65	<-Median->	6	Price/AEPS Close		CDN$
Trailing P/AEPS Close									281.35	91.95	93.29	66.06	70.19	77.27	69.82	49.11		91.95	<-Median->	5	Trailing P/AEPS Close		CDN$
Median Values		DPR	10 Yrs	11.99%	5 Yrs	11.00%	P/CF	5 Yrs	in order	80.78	94.93	65.31	78.61		-13.56%	Diff M/C					DPR 75% to 95% best		CDN$
* EPS from TD WebBroker
Adjusted Net Income from continuing operations								-$0.17	$0.00	$0.00	$0.00	$0.00	$0.75
Adjusted income per Share								-$0.17	$0.00	$0.00	$0.00	$0.00	$0.75
See press release												-$0.58	$0.70
												-$0.58	$0.70
														$1,351	<-12 mths	2.64%
														$3.57	<-12 mths	2.64%
Adjusted Operations Cash Flow CDN$								$772.3	$1,080.2	$1,219.3	$1,464.4	$1,540.2	$1,316.0					70.40%	<-Total Growth	5	Adjusted Profit CDN$	Operating Cash Flows.
Basic								$2.18	$2.99	$3.32	$3.96	$4.04	$3.56					63.66%	<-Total Growth	5	AOCF	TD Bank
AOCF* Dilued								$2.14	$2.99	$3.32	$3.96	$4.04	$3.48	$1.42				62.16%	<-Total Growth	5	AOCF
Increase									39.41%	11.15%	19.29%	2.09%	-14.07%	-59.14%				6	0	6	Years of Data, EPS P or N	100.00%	CDN$
AOCFYield								5.77%	6.25%	8.40%	8.67%	6.31%	5.89%	2.45%				10.15%	<-IRR #YR->	5	AEPS	#DIV/0!	CDN$
5 year Running Average												$3.29	$3.56	$3.24				10.15%	<-IRR #YR->	5	AEPS	62.16%	CDN$
Payout Ratio								1.78%	1.87%	1.92%	1.70%	1.96%	2.37%	6.49%				8.09%	<-IRR #YR->	1	5 yr Running Average	#DIV/0!	CDN$
5 year Running Average												1.85%	1.96%	2.89%				8.09%	<-IRR #YR->	1	5 yr Running Average	#DIV/0!	CDN$
Price/ACFO Median								12.80	14.79	11.92	11.23	13.41	18.85	38.30				13.10	<-Median->	6	Price/ACFO Median		CDN$
Price/ACFO High								17.32	17.66	14.20	13.06	16.42	20.49	44.03				16.87	<-Median->	6	Price/ACFO High		CDN$
Price/ACFO Low								8.29	11.92	9.64	9.40	10.39	17.20	32.58				10.01	<-Median->	6	Price/ACFO Low		CDN$
Price/ACFO Close								17.32	16.01	11.91	11.54	15.84	16.97	40.81				15.93	<-Median->	6	Price/ACFO Close		CDN$
Trailing P/ACFO Close									22.32	13.23	13.76	16.18	14.58	16.68				14.58	<-Median->	5	Trailing P/ACFO Close		CDN$
Median Values		DPR	10 Yrs	1.89%	5 Yrs	1.92%	P/CF	5 Yrs	in order	13.41	16.42	10.39	15.84		204.42%	Diff M/C					DPR 75% to 95% best		CDN$
*Adjusted Cash Flows from
Operating Acitivies								-$2.14	$0.00	$0.00	$0.00	$0.00	$3.48
Cash Flow From Operating Activities								-$2.14	$0.00	$0.00	$0.00	$0.00	$3.48
												-$3.29	$3.56
												-$3.29	$3.56
														-$0.40	<-12 mths	-105.51%
EPS Basic US$						-$1.78	-$1.92	-$2.20	-$1.44	-$0.80	-$0.10	-$1.47	$7.47					519.43%	<-Total Growth	7	EPS Basic
EPS Diluted*						-$1.78	-$1.92	-$2.20	-$1.44	-$0.80	-$0.10	-$1.47	$7.29	-$0.59	$0.42	$0.67		509.19%	<-Total Growth	7	EPS Diluted
Increase							-8.06%	-14.25%	34.36%	44.76%	87.67%	-1391.89%	597.05%	-108.10%	171.62%	57.68%		1	7	8	Years of Data, EPS P or N	12.50%	US$
Earnings Yield							-11.46%	-7.54%	-3.81%	-2.73%	-0.28%	-3.29%	16.68%	-1.41%	1.01%	1.60%		#NUM!	<-IRR #YR->	7	Earnings per Share	#DIV/0!	US$
5 year Running Average										-$1.63	-$1.29	-$1.20	$0.70	$0.87	$1.11	$1.26		39.67%	<-IRR #YR->	5	Earnings per Share	431.43%	US$
10 year Running Average						-$0.18	-$0.37	-$0.59	-$0.73	-$0.81	-$0.82	-$0.97	-$0.24	-$0.30	-$0.26	-$0.01		#NUM!	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	US$
* Diluted ESP per share								E/P	10 Yrs	-3.55%	5Yrs	-3.29%	-2.73%					#NUM!	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	US$
						$1.78	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$7.29
								$2.20	$0.00	$0.00	$0.00	$0.00	$7.29
										$1.63	$0.00	$0.00	$0.70
										$1.63	$0.00	$0.00	$0.70
														-$0.56	<-12 mths	-105.61%
EPS Basic CDN$						-$2.43	-$2.50	-$2.80	-$1.83	-$1.08	-$0.13	-$2.11	$10.24					521.40%	<-Total Growth	7	EPS Basic
EPS Diluted*						-$2.43	-$2.50	-$2.80	-$1.83	-$1.08	-$0.13	-$2.11	$9.99	-$0.82	$0.59	$0.93		511.11%	<-Total Growth	7	EPS Diluted
Increase							-2.88%	-12.00%	34.64%	40.98%	87.96%	-1523.08%	573.46%	-108.24%	171.62%	57.68%		1	7	8	Years of Data, EPS P or N	12.50%	CDN$
Earnings Yield							-11.16%	-7.55%	-3.83%	-2.73%	-0.28%	-3.29%	16.94%	-1.42%	1.02%	1.60%		#NUM!	<-IRR #YR->	7	Earnings per Share	#DIV/0!	CDN$
5 year Running Average										-$2.13	-$1.67	-$1.59	$0.97	$1.17	$1.50	$1.72		40.97%	<-IRR #YR->	5	Earnings per Share	456.79%	CDN$
10 year Running Average						-$0.24	-$0.49	-$0.77	-$0.96	-$1.06	-$1.08	-$1.29	-$0.29	-$0.37	-$0.31	$0.02		#NUM!	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	CDN$
* Diluted ESP per share									E/P	10 Yrs	-3.29%	5Yrs	-2.73%					#NUM!	<-IRR #YR->	3	5 yr Running Average	#DIV/0!	CDN$
						$2.43	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$9.99
								$2.80	$0.00	$0.00	$0.00	$0.00	$9.99
										$2.13	$0.00	$0.00	$0.97
										$2.13	$0.00	$0.00	$0.97
Dividend* US$														$0.06	$0.06	$0.06			Estimates		Dividend*		US$
Increase														-7.55%	1.16%	14.52%			Estimates		Increase		US$
Payout Ratio EPS														-9.43%	13.32%	9.67%			Estimates		Payout Ratio EPS		US$
Special Dividends								$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00		$0.00	<-Median->	6	Special Dividends		US$
Dividend* Paid in US$								$0.03	$0.04	$0.0470	$0.0510	$0.0550	$0.0602	$0.0661	$0.0676	$0.0676		18.04%	<-Total Growth	5	Dividends		US$
Increase								0.00%	46.67%	6.82%	8.51%	7.84%	9.45%	9.80%	2.27%	0.00%		5	0	5	Years of data, Count P, N	100.00%	US$
Average Increases 5 Year Running								0.00%	9.33%	10.70%	12.40%	13.97%	15.86%	8.49%	7.58%	5.87%		11.55%	<-Median->	6	Average Incr 5 Year Running		US$
Dividends 5 Yr Running												$0.05	$0.05	$0.06	$0.06	$0.06		#DIV/0!	<-Total Growth	1	Dividends 5 Yr Running		US$
Yield H/L Price								0.14%	0.13%	0.15%	0.15%	0.14%	0.13%					0.14%	<-Median->	6	Yield H/L Price		US$
Yield on High  Price								0.10%	0.11%	0.12%	0.13%	0.12%	0.12%					0.12%	<-Median->	6	Yield on High  Price		US$
Yield on Low Price								0.24%	0.16%	0.20%	0.19%	0.18%	0.14%					0.18%	<-Median->	6	Yield on Low Price		US$
Yield on Close Price								0.10%	0.12%	0.16%	0.15%	0.12%	0.14%	0.16%	0.16%	0.16%		0.13%	<-Median->	6	Yield on Close Price		US$
Payout Ratio EPS								-1.36%	-3.05%	-5.89%	-51.89%	-3.75%	0.83%	-11.20%	15.99%	10.14%		-3.40%	<-Median->	6	DPR EPS		US$
DPR EPS 5 Yr Running												-3.78%	7.38%	6.44%	5.40%	5.01%		1.80%	<-Median->	2	DPR EPS 5 Yr Running		US$
Payout Ratio CFPS								2.70%	2.33%	2.21%	2.81%	2.12%	2.33%	2.06%	1.72%	#DIV/0!		2.33%	<-Median->	6	DPR CF		US$
DPR CF 5 Yr Running											0.00%	2.38%	2.33%	2.26%	2.12%	#DIV/0!		2.33%	<-Median->	3	DPR CF 5 Yr Running		US$
Payout Ratio CFPS WC								2.64%	1.63%	1.47%	1.44%	1.53%	1.61%	2.06%	1.72%	#DIV/0!		1.57%	<-Median->	6	DPR CF WC		US$
DPR CF WC 5 Yr Running												1.60%	1.53%	1.62%	1.66%	#DIV/0!		1.57%	<-Median->	2	DPR CF WC 5 Yr Running		US$
Median Values	10 Yr Med	10 Yr Cl	0.14%	0.13%	5 Yr Med	5 Yr Cl	0.14%	0.14%	5 Yr Med	Payout	-3.75%	2.33%	1.53%					8.52%	<-IRR #YR->	5	Dividends	100.67%	US$
* Dividends per share	10 Yr Med	and Cur.	13.18%	23.91%	5 Yr Med	and Cur.	13.86%	17.51%	Last Div Inc --->		$0.0154	$0.0169	9.74%					#NUM!	<-IRR #YR->	10	Dividends	#DIV/0!	US$
Dividends Growth 5								-$0.04	$0.00	$0.00	$0.00	$0.00	$0.06								Dividends Growth 5
Dividends Growth 10			$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.06								Dividends Growth 10
Historical Dividends	Historical	High Div	0.19%	Low Div	0.11%	10 Yr High	0.19%	10 Yr Low	0.11%	Med Div	0.14%	Close Div	0.13%								Historical Dividends		US$
High/Ave/Median Values	Curr diff	Exp.	-14.82%	Cheap	47.13%	Exp.	-14.82%		47.13%	Cheap	15.60%	Cheap	23.91%								High/Ave/Median		US$
Future Dividend Yield					Div Yield	$0.00	earning in	5	Years	at IRR of	8.52%	Div Inc.	50.50%								Future Dividend Yield		US$
Future Dividend Yield					Div Yield	0.37%	earning in	10	Years	at IRR of	8.52%	Div Inc.	126.50%								Future Dividend Yield		US$
Future Dividend Yield					Div Yield	0.55%	earning in	15	Years	at IRR of	8.52%	Div Inc.	240.89%								Future Dividend Yield		US$
Future Dividend Paid					Div Paid	$0.10	earning in	5	Years	at IRR of	8.52%	Div Inc.	50.50%								Future Dividend Paid		US$
Future Dividend Paid					Div Paid	$0.15	earning in	10	Years	at IRR of	8.52%	Div Inc.	126.50%								Future Dividend Paid		US$
Future Dividend Paid					Div Paid	$0.23	earning in	15	Years	at IRR of	8.52%	Div Inc.	240.89%								Future Dividend Paid		US$
Dividend Covering Cost					Total Div	$0.40	over	5	Years	at IRR of	8.52%	Div Cov.	0.96%								Dividend Covering Cost		US$
Dividend Covering Cost					Total Div	$0.90	over	10	Years	at IRR of	8.52%	Div Cov.	2.16%								Dividend Covering Cost		US$
Dividend Covering Cost					Total Div	$1.66	over	15	Years	at IRR of	8.52%	Div Cov.	3.97%								Dividend Covering Cost		US$
Dividend* CDN$														$0.08	$0.08	$0.09			Estimates		Dividend*		CDN$
Increase														0.00%	1.16%	14.52%			Estimates		Increase		CDN$
Payout Ratio EPS														-9.43%	13.32%	9.67%			Estimates		Payout Ratio EPS		CDN$
Special Dividends CDN$								$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00		$0.00	<-Median->	6	Special Dividends		CDN$
Dividend*								$0.04	$0.06	$0.06	$0.07	$0.08	$0.08	$0.09	$0.09	$0.09		22.32%	<-Total Growth	5	Dividends		CDN$
Increase								0.00%	46.04%	14.11%	5.96%	17.33%	4.26%	11.70%	2.27%	0.00%		5	0	5	Years of data, Count P, N	100.00%	CDN$
Average Increases 5 Year Running												16.69%	17.54%	10.67%	8.30%	7.11%		17.12%	<-Median->	2	Average Incr 5 Year Running		CDN$
Dividends 5 Yr Running												$0.06	$0.07	$0.08	$0.08	$0.09		#DIV/0!	<-Total Growth	1	Dividends 5 Yr Running		CDN$
Yield H/L Price								0.14%	0.13%	0.16%	0.15%	0.15%	0.13%					0.14%	<-Median->	6	Yield H/L Price		CDN$
Yield on High  Price								0.10%	0.11%	0.13%	0.13%	0.12%	0.12%					0.12%	<-Median->	6	Yield on High  Price		CDN$
Yield on Low Price								0.22%	0.16%	0.20%	0.18%	0.19%	0.14%					0.18%	<-Median->	6	Yield on Low Price		CDN$
Yield on Close Price								0.10%	0.12%	0.16%	0.15%	0.12%	0.14%	0.16%	0.16%	0.16%		0.13%	<-Median->	6	Yield on Close Price		CDN$
Payout Ratio EPS								-1.36%	-3.05%	-5.89%	-51.89%	-3.75%	0.83%	-11.20%	15.99%	10.14%		-3.40%	<-Median->	6	DPR EPS		CDN$
DPR EPS 5 Yr Running												4.63%	1.20%	6.58%	5.53%	5.16%		2.92%	<-Median->	2	DPR EPS 5 Yr Running		CDN$
Payout Ratio CFPS								2.70%	2.33%	2.21%	2.81%	2.12%	2.33%	2.06%	1.72%	#DIV/0!		2.33%	<-Median->	6	DPR CF		CDN$
DPR CF 5 Yr Running												2.37%	2.33%	2.26%	2.12%	#DIV/0!		2.35%	<-Median->	2	DPR CF 5 Yr Running		CDN$
Payout Ratio CFPS WC								2.64%	1.63%	1.47%	1.44%	1.53%	1.61%	2.06%	1.72%	#DIV/0!		1.57%	<-Median->	6	DPR CF WC		CDN$
DPR CF WC 5 Yr Running												1.60%	1.53%	1.62%	1.67%	#DIV/0!		1.56%	<-Median->	2	DPR CF WC 5 Yr Running		CDN$
Median Values	10 Yr Med	10 Yr Cl	0.14%	0.13%	5 Yr Med	5 Yr Cl	0.15%	0.14%	5 Yr Med	Payout	-3.75%	2.33%	1.53%					10.13%	<-IRR #YR->	5	Dividends	116.02%	CDN$
* Dividends per share	10 Yr Med	and Cur.	14.06%	23.48%	5 Yr Med	and Cur.	11.42%	16.23%	Last Div Inc --->		$0.011	$0.012	9.09%					#NUM!	<-IRR #YR->	10	Dividends	#DIV/0!	CDN$
Dividends Growth 5								-$0.05	$0.00	$0.00	$0.00	$0.00	$0.08								Dividends Growth 5
Dividends Growth 10			$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.08								Dividends Growth 10
Historical Dividends	Historical	High Div	0.19%	Low Div	0.11%	10 Yr High	0.19%	10 Yr Low	0.11%	Med Div	0.14%	Close Div	0.13%								Historical Dividends		CDN$
High/Ave/Median Values	Curr diff	Exp.	-14.40%	Cheap	47.86%	Exp.	-14.40%		47.86%	Cheap	16.18%	Cheap	23.48%								High/Ave/Median		CDN$
Future Dividend Yield					Div Yield	$0.00	earning in	5	Years	at IRR of	10.13%	Div Inc.	62.01%								Future Dividend Yield		CDN$
Future Dividend Yield					Div Yield	0.43%	earning in	10	Years	at IRR of	10.13%	Div Inc.	162.48%								Future Dividend Yield		CDN$
Future Dividend Yield					Div Yield	0.69%	earning in	15	Years	at IRR of	10.13%	Div Inc.	325.26%								Future Dividend Yield		CDN$
Future Dividend Paid					Div Paid	$0.15	earning in	5	Years	at IRR of	10.13%	Div Inc.	62.01%								Future Dividend Paid		CDN$
Future Dividend Paid					Div Paid	$0.25	earning in	10	Years	at IRR of	10.13%	Div Inc.	162.48%								Future Dividend Paid		CDN$
Future Dividend Paid					Div Paid	$0.40	earning in	15	Years	at IRR of	10.13%	Div Inc.	325.26%								Future Dividend Paid		CDN$
Dividend Covering Cost					Total Div	$0.58	over	5	Years	at IRR of	10.13%	Div Cov.	1.00%								Dividend Covering Cost		CDN$
Dividend Covering Cost					Total Div	$1.36	over	10	Years	at IRR of	10.13%	Div Cov.	2.35%								Dividend Covering Cost		CDN$
Dividend Covering Cost					Total Div	$2.63	over	15	Years	at IRR of	10.13%	Div Cov.	4.53%								Dividend Covering Cost		CDN$
Yield if held 5 years													0.30%	0.21%	0.24%	0.21%		0.30%	<-Median->	1	Paid Median Price		CDN$
Yield if held 10 years																#DIV/0!		#NUM!	<-Median->	0	Paid Median Price		CDN$
Cost covered if held 5 years													1.27%	0.87%	1.05%	0.99%		1.27%	<-Median->	1	Paid Median Price		CDN$
Cost covered if held 10 years																#DIV/0!		#NUM!	<-Median->	0	Paid Median Price		CDN$
																				Yr	Item	Tot. Growth	Per Year
Revenue Growth US$								$3,295.8	$4,358.3	$4,992.1	$5,682.4	$5,463.9	$4,827.0	$5,001	<-12 mths	3.59%		46.46%	<-Total Growth	5	Revenue Growth	46.46%	7.93%
AEPS Growth								$0.13	$0.34	$0.36	$0.73	$0.58	$0.55	$0.61	<-12 mths	11.41%		309.82%	<-Total Growth	5	AEPS Growth	309.82%	32.59%
Net Income Growth								-$792.2	-$536.8	-$197.1	-$35.4	$669.1	$154.2	-$2,761	<-12 mths	-1890.24%		119.47%	<-Total Growth	5	Net Income Growth	119.47%	17.02%
Cash Flow Growth								$394.4	$708.2	$809.4	$741.3	$1,070.4	$960.2	$1,020	<-12 mths	6.18%		143.42%	<-Total Growth	5	Cash Flow Growth	143.42%	19.47%
Dividend Growth								$0.04	$0.04	$0.05	$0.05	$0.06	$0.06	$0.07	<-12 mths	9.80%		50.50%	<-Total Growth	5	Dividend Growth	50.50%	8.52%
Stock Price Growth								$29.18	$37.85	$29.23	$34.51	$44.54	$43.71	$41.77	<-12 mths	-4.44%		49.79%	<-Total Growth	5	Stock Price Growth	49.79%	8.42%
																				Yr	Item	Tot. Growth	Per Year
Revenue Growth US$						$1,358.0	$2,576.9	$3,295.8	$4,358.3	$4,992.1	$5,682.4	$5,463.9	$4,827.0	$5,387	<-this year	11.60%		255.45%	<-Total Growth	7	Revenue Growth	255.45%	19.86%
AEPS Growth								$0.13	$0.34	$0.36	$0.73	$0.58	$0.55	$0.60	<-this year	8.79%		309.82%	<-Total Growth	5	AEPS Growth	309.82%	32.59%
Net Income Growth						-$354.3	-$347.8	-$792.2	-$536.8	-$197.1	-$35.4	$669.1	$154.2	-$214.3	<-this year	-238.94%		143.53%	<-Total Growth	7	Net Income Growth	143.53%	13.56%
Cash Flow Growth						$21.6	$193.3	$394.4	$708.2	$809.4	$741.3	$1,070.4	$960.2	$1,192.5	<-this year	24.20%		4355.29%	<-Total Growth	7	Cash Flow Growth	4355.29%	72.01%
Dividend Growth								$0.04	$0.04	$0.05	$0.05	$0.06	$0.06	$0.06	<-this year	-7.55%		50.50%	<-Total Growth	5	Dividend Growth	50.50%	8.52%
Stock Price Growth							$16.80	$29.18	$37.85	$29.23	$34.51	$44.54	$43.71	$41.77	<-this year	-4.44%		160.18%	<-Total Growth	6	Stock Price Growth	160.18%	17.28%
Revenue Growth CDN$								$4,196.2	$5,525.5	$6,761.3	$7,515.5	$7,862.0	$6,615.9	$6,972	<-12 mths	5.39%		57.66%	<-Total Growth	5	Revenue Growth	57.66%	9.53%
AEPS Growth								$0.17	$0.43	$0.49	$0.97	$0.84	$0.75	$0.85	<-12 mths	13.33%		341.18%	<-Total Growth	5	AEPS Growth	341.18%	34.56%
Net Income Growth								-$1,008.6	-$680.6	-$266.9	-$46.8	$962.8	$211.4	-$3,850	<-12 mths	-1921.19%		120.96%	<-Total Growth	5	Net Income Growth	120.96%	17.18%
Cash Flow Growth								$502.2	$897.9	$1,096.3	$980.4	$1,540.2	$1,316.0	$1,422	<-12 mths	8.02%		162.05%	<-Total Growth	5	Cash Flow Growth	162.05%	21.25%
Dividend Growth								$0.05	$0.06	$0.06	$0.07	$0.08	$0.08	$0.09	<-12 mths	11.70%		62.01%	<-Total Growth	5	Dividend Growth	62.01%	10.13%
Stock Price Growth								$37.11	$47.83	$39.54	$45.71	$64.08	$58.96	$57.95	<-12 mths	-1.71%		58.88%	<-Total Growth	5	Stock Price Growth	58.88%	9.70%
Revenue Growth CDN$						$1,852.6	$3,346.9	$4,196.2	$5,525.5	$6,761.3	$7,515.5	$7,862.0	$6,615.9	$7,511	<-this year	13.53%		257.11%	<-Total Growth	7	Revenue Growth	257.11%	19.94%
AEPS Growth								$0.17	$0.43	$0.49	$0.97	$0.84	$0.75	$0.83	<-this year	10.67%		341.18%	<-Total Growth	5	AEPS Growth	341.18%	34.56%
Net Income Growth						-$483.4	-$451.7	-$1,008.6	-$680.6	-$266.9	-$46.8	$962.8	$211.4	-$298.8	<-this year	-241.34%		143.73%	<-Total Growth	7	Net Income Growth	143.73%	13.57%
Cash Flow Growth						$29.4	$251.0	$502.2	$897.9	$1,096.3	$980.4	$1,540.2	$1,316.0	$1,662.8	<-this year	26.35%		4376.19%	<-Total Growth	7	Cash Flow Growth	4376.19%	72.13%
Dividend Growth								$0.05	$0.06	$0.06	$0.07	$0.08	$0.08	$0.08	<-this year	-5.95%		62.01%	<-Total Growth	5	Dividend Growth	62.01%	10.13%
Stock Price Growth							$22.40	$37.11	$47.83	$39.54	$45.71	$64.08	$58.96	$57.95	<-this year	-1.71%		163.21%	<-Total Growth	6	Stock Price Growth	163.21%	17.50%
Dividends on Shares								$1.72	$2.51	$2.86	$3.04	$3.56	$3.71	$4.15	$4.24	$4.24		$17.40	No of Years	6	Total Dividends	12/31/19
Paid							$1,008.00	$1,669.95	$2,152.35	$1,779.30	$2,056.95	$2,883.60	$2,653.20	$2,607.75	$2,607.75	$2,607.75		$2,653.20	No of Years	6	Worth	$22.40	44.64
Total																		$2,670.60			Total Return
Graham Number CDN$ AEPS								$7.82	$12.21	$13.23	$19.60	$17.94	$18.23	$19.25	$22.95	#DIV/0!		132.97%	<-Total Growth	5	Graham Number AEPS		CDN$
Increase									56.03%	8.39%	48.10%	-8.47%	1.61%	5.60%	19.23%	#DIV/0!		8.39%	<-Median->	5	Graham Price		CDN$
Price/GP Ratio Med								3.51	3.62	2.99	2.27	3.02	3.59	2.83	0.00	#DIV/0!		3.26	<-Median->	6	Price/GP Ratio Med		CDN$
Price/GP Ratio High								4.74	4.32	3.56	2.64	3.70	3.91	3.25	0.00	#DIV/0!		3.80	<-Median->	6	Price/GP Ratio High		CDN$
Price/GP Ratio Low								2.27	2.92	2.42	1.90	2.34	3.28	2.40	0.00	#DIV/0!		2.38	<-Median->	6	Price/GP Ratio Low		CDN$
Price/GP Ratio Close								4.74	3.92	2.99	2.33	3.57	3.23	3.01	2.53	#DIV/0!		3.40	<-Median->	6	Price/GP Ratio Close		CDN$
Prem/Disc Close								374.35%	291.84%	198.84%	133.27%	257.27%	223.50%	201.09%	152.52%	#DIV/0!		240.38%	<-Median->	6	Graham Price		CDN$
Graham Number CDN$													$66.52	#NUM!	$16.22	#DIV/0!		#DIV/0!	<-Total Growth	0	Graham Number EPS		CDN$
Increase														#NUM!	#NUM!	#DIV/0!		#NUM!	<-Median->	0	Graham Price		CDN$
Price/GP Ratio Med													0.98					0.98	<-Median->	1	Price/GP Ratio Med		CDN$
Price/GP Ratio High													1.07					1.07	<-Median->	1	Price/GP Ratio High		CDN$
Price/GP Ratio Low													0.90					0.90	<-Median->	1	Price/GP Ratio Low		CDN$
Price/GP Ratio Close													0.89	#NUM!	3.57	#DIV/0!		0.89	<-Median->	1	Price/GP Ratio Close		CDN$
Prem/Disc Close													-11.36%	#NUM!	257.27%	#DIV/0!		-11.36%	<-Median->	1	Graham Price		CDN$
Month, Year CDN$	Dec-13	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-25	Dec-26	Dec-27	Dec-28		4.00	<Count Years>		Month, Year		CDN$
Price Close							$22.40	$37.11	$47.83	$39.54	$45.71	$64.08	$58.96	$57.95	$57.95	$57.95		163.21%	<-Total Growth	6	Stock Price		CDN$
Increase								65.67%	28.89%	-17.33%	15.60%	40.19%	-7.99%	-1.71%	0.00%	0.00%					CAPE (10 Yr P/E)		CDN$
P/E Ratio							-8.96	-13.25	-26.14	-36.61	-351.62	-30.37	5.90	-70.40	98.30	62.35		9.70%	<-IRR #YR->	5	Stock Price	58.88%	CDN$
Trailing P/E Ratio							-9.22	-14.84	-17.08	-21.61	-42.32	-492.92	-27.94	5.80	-70.40	98.30		17.50%	<-IRR #YR->	6	Stock Price	#DIV/0!	CDN$
CAPE (10 Yr P/E)												-19.93	-109.21	-100.61	-138.15	2,074.95		9.86%	<-IRR #YR->	5	Price & Dividend	59.92%	CDN$
Median 10, 5 Yrs		D.  per yr	0.19%	0.15%	% Tot Ret	1.06%	1.57%	T P/E	-$21.61	-$27.94	P/E:	-$26.14	-$30.37					17.69%	<-IRR #YR->	6	Price & Dividend	#DIV/0!	CDN$
Price  5								-$37.11	$0.00	$0.00	$0.00	$0.00	$58.96								Price  5
Price 10							-$22.40	$0.00	$0.00	$0.00	$0.00	$0.00	$58.96								Price 10
Price & Dividend 5								-$37.11	$0.06	$0.06	$0.07	$0.08	$59.04								Price & Dividend 5
Price & Dividend 10							-$22.40	$0.04	$0.06	$0.06	$0.07	$0.08	$59.04								Price & Dividend 10
Price H/L Median CDN$								$27.44	$44.18	$39.58	$44.50	$54.22	$65.49	$54.39				138.71%	<-Total Growth	5	Stock Price		CDN$
Increase									61.04%	-10.41%	12.43%	21.83%	20.80%	-16.95%				19.01%	<-IRR #YR->	5	Stock Price	#DIV/0!	CDN$
P/E Ratio								-9.80	-24.14	-36.65	-342.31	-25.69	6.56	-66.08				19.01%	<-IRR #YR->	5	Stock Price	138.71%	CDN$
Trailing P/E Ratio								-10.97	-15.78	-21.63	-41.20	-417.04	-31.04	5.44				19.19%	<-IRR #YR->	5	Price & Dividend	#DIV/0!	CDN$
P/E on Running 5 yr Average												-34.10	67.65	46.51				19.19%	<-IRR #YR->	5	Price & Dividend	140.12%	CDN$
P/E on Running 10 yr Average														-146.48				-24.92	P/E Ratio		Historical Median		CDN$
Median 10, 5 Yrs		D.  per yr	0.18%	0.18%	% Tot Ret	0.93%	0.93%	T P/E	-26.33	-31.04	P/E:	-24.92	-25.69						Count	5	Years of data		CDN$
								-$27.44	$0.00	$0.00	$0.00	$0.00	$65.49
								-$27.44	$0.00	$0.00	$0.00	$0.00	$65.49
								-$27.44	$0.06	$0.06	$0.07	$0.08	$65.57
								-$27.44	$0.06	$0.06	$0.07	$0.08	$65.57
High Months CDN$								Dec	Nov	Jan	Jul	Nov	May	Apr
Price High								$37.11	$52.75	$47.16	$51.75	$66.41	$71.20	$62.52				91.86%	<-Total Growth	5	Stock Price		CDN$
Increase									42.14%	-10.60%	9.73%	28.33%	7.21%	-12.19%				13.92%	<-IRR #YR->	5	Stock Price	#DIV/0!	CDN$
P/E Ratio								-13.25	-28.83	-43.67	-398.08	-31.47	7.13	-75.96				13.92%	<-IRR #YR->	5	Stock Price	91.86%	CDN$
Trailing P/E Ratio								-14.84	-18.84	-25.77	-47.92	-510.85	-33.74	6.26				-30.15	P/E Ratio		Historical Median		CDN$
Median 10, 5 Yrs								T P/E	-29.76	-33.74	P/E:	-30.15	-31.47					-1.03	P/E Ratio		Historical High		CDN$
								-$37.11	$0.00	$0.00	$0.00	$0.00	$71.20
								-$37.11	$0.00	$0.00	$0.00	$0.00	$71.20
Low Months CDN$								Apr	Jan	Jun	Nov	May	Jan	May
Price Low								$17.76	$35.61	$32.00	$37.25	$42.02	$59.78	$46.26				236.60%	<-Total Growth	5	Stock Price		CDN$
Increase									100.51%	-10.14%	16.41%	12.81%	42.27%	-22.62%				27.47%	<-IRR #YR->	5	Stock Price	#DIV/0!	CDN$
P/E Ratio								-6.34	-19.46	-29.63	-286.54	-19.91	5.98	-56.20				27.47%	<-IRR #YR->	5	Stock Price	236.60%	CDN$
Trailing P/E Ratio								-7.10	-12.72	-17.49	-34.49	-323.23	-28.33	4.63				-19.69	P/E Ratio		Historical Median		CDN$
Median 10, 5 Yrs								T P/E	-22.91	-28.33	P/E:	-19.69	-19.91					-183.77	P/E Ratio		Historical Low		CDN$
								-$17.76	$0.00	$0.00	$0.00	$0.00	$59.78
								-$17.76	$0.00	$0.00	$0.00	$0.00	$59.78
Value using exchange rate							$17.25	$29.15	$37.73	$29.19	$34.56	$44.53	$43.02	$41.56	$41.56	$41.56
Month, Year US$	Dec-13	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-25	Dec-26	Dec-27	Dec-28		2.00	<Count Years>		Month, Year		US$
Price Close							$16.80	$29.18	$37.85	$29.23	$34.51	$44.54	$43.71	$41.77	$41.77	$41.77		160.18%	<-Total Growth	6	Stock Price		US$
Increase								73.69%	29.71%	-22.77%	18.06%	29.06%	-1.86%	-4.44%	0.00%	0.00%		-58.57	<-Median->	6	CAPE (10 Yr P/E)		US$
P/E Ratio							-8.73	-13.27	-26.22	-36.66	-351.10	-30.37	6.00	-70.76	98.80	62.66		8.42%	<-IRR #YR->	5	Stock Price	49.79%	US$
Trailing P/E Ratio							-9.43	-15.16	-17.21	-20.25	-43.28	-453.14	-29.81	5.73	-70.76	98.80		17.28%	<-IRR #YR->	6	Stock Price	#DIV/0!	US$
CAPE (10 Yr P/E)												-19.78	-97.36	-92.15	-123.32	-2,548.73		8.57%	<-IRR #YR->	5	Price & Dividend	277.75%	US$
Median 10, 5 Yrs		D.  per yr	0.19%	0.15%	% Tot Ret	1.08%	1.74%	T P/E	-$20.25	-$29.81	P/E:	-$26.22	-$30.37					17.46%	<-IRR #YR->	6	Price & Dividend	#DIV/0!	US$
Price  5								-$29.18	$0.00	$0.00	$0.00	$0.00	$43.71								Price  5
Price 10							-$16.80	$0.00	$0.00	$0.00	$0.00	$0.00	$43.71								Price 10
Price & Dividend 5								-$29.18	$0.04	$0.05	$0.05	$0.06	$43.77								Price & Dividend 5
Price & Dividend 10							-$16.80	$0.03	$0.04	$0.05	$0.05	$0.06	$43.77								Price & Dividend 10
Price H/L Median US$								$20.86	$34.49	$30.85	$33.17	$38.70	$46.76	$39.43				124.21%	<-Total Growth	5	Stock Price		US$
Increase									65.38%	-10.55%	7.52%	16.66%	20.84%	-15.68%				17.53%	<-IRR #YR->	5	Stock Price	#DIV/0!	US$
P/E Ratio								-9.48	-23.89	-38.69	-337.47	-26.39	6.42	-66.79				17.53%	<-IRR #YR->	5	Stock Price	124.21%	US$
Trailing P/E Ratio								-10.83	-15.68	-21.37	-41.60	-393.68	-31.89	5.41				17.70%	<-IRR #YR->	5	Price & Dividend	#DIV/0!	US$
P/E on Running 5 yr Average										-18.94	-25.66	-32.22	67.12	45.46				17.70%	<-IRR #YR->	5	Price & Dividend	443.17%	US$
P/E on Running 10 yr Average								-35.32	-46.93	-37.87	-40.23	-39.85	-193.06	-130.89				-25.14	P/E Ratio		Historical Median		US$
Median 10, 5 Yrs		D.  per yr	0.18%	0.18%	% Tot Ret	1.01%	1.01%	T P/E	-26.63	-31.89	P/E:	-25.14	-26.39						Count	5	Years of data		US$
								-$20.86	$0.00	$0.00	$0.00	$0.00	$46.76
								-$20.86	$0.00	$0.00	$0.00	$0.00	$46.76
								-$20.86	$0.04	$0.05	$0.05	$0.06	$46.82
								-$20.86	$0.04	$0.05	$0.05	$0.06	$46.82
High Months US$								Dec	Nov	Jan	Jul	Nov	May	Mar
Price High								$29.18	$41.18	$37.76	$38.84	$46.78	$51.58	$45.32				76.76%	<-Total Growth	5	Stock Price		US$
Increase									41.12%	-8.31%	2.86%	20.44%	10.26%	-12.14%				12.07%	<-IRR #YR->	5	Stock Price	#DIV/0!	US$
P/E Ratio								-13.27	-28.53	-47.35	-395.15	-31.90	7.08	-76.77				12.07%	<-IRR #YR->	5	Stock Price	76.76%	US$
Trailing P/E Ratio								-15.16	-18.73	-26.16	-48.71	-475.93	-35.17	6.22				-30.22	P/E Ratio		Historical Median		US$
Median 10, 5 Yrs							T P/E	-26.16	-26.16	P/E:	-31.90	-31.90						-1.06	P/E Ratio		Historical High		US$
								-$29.18	$0.00	$0.00	$0.00	$0.00	$51.58
								-$29.18	$0.00	$0.00	$0.00	$0.00	$51.58
Low Months US$								Apr	Jan	Oct	Nov	May	Jan	May
Price Low								$12.53	$27.80	$23.94	$27.50	$30.61	$41.94	$33.54				234.72%	<-Total Growth	5	Stock Price		US$
Increase									121.87%	-13.88%	14.87%	11.31%	37.01%	-20.03%				27.33%	<-IRR #YR->	5	Stock Price	#DIV/0!	US$
P/E Ratio								-5.70	-19.26	-30.02	-279.78	-20.87	5.75	-56.82				27.33%	<-IRR #YR->	5	Stock Price	234.72%	US$
Trailing P/E Ratio								-6.51	-12.64	-16.59	-34.49	-311.42	-28.60	4.60				-20.07	P/E Ratio		Historical Median		US$
Median 10, 5 Yrs							T P/E	-16.59	-16.59	P/E:	-20.87	-20.87						-179.88	P/E Ratio		Historical Low		US$
								-$12.53	$0.00	$0.00	$0.00	$0.00	$41.94
								-$12.53	$0.00	$0.00	$0.00	$0.00	$41.94
Free Cash Flow CDN$ Mkt Sc								$73.9	$250.7	$316.2	$701.2	$820.3	$755.9	$901.4	$1,019.0	$1,104.0
Change									239.24%	26.13%	121.76%	16.99%	-7.85%	19.25%	13.05%	8.34%
													$865	<-12 mths	5.50%	#VALUE!
Adjusted FCF Company								$360.0	$287.7	$691.3	$701.2	$820.3	$755.9	$901.4	$1,019.0	$1,104.0		109.97%	<-Total Growth	5	Adjusted FCF		CDN$
Change									-20.08%	140.26%	1.43%	16.99%	-7.85%	19.25%	13.05%	8.34%
Free Cash Flow US$ Conv									$174	$232	-$85	$231	$279						<-Total Growth	4	Free Cash Flow US$ Conv
Change										33.60%	-136.85%	370.87%	20.43%					27.02%	<-Median->	4	Change
Free Cash Flow CDN$ WSJ									$220	$314	-$113	$333	$382						<-Total Growth	4	Free Cash Flow CDN$ WSJ
Change										42.73%	-135.99%	394.69%	14.71%					28.72%	<-Median->	4	Change
														$176	<-12 mths	4.05%
Free Cash Flow US$ Conv							-$101.58	$53.96	$234.11	$207.03	-$79.92	$253.74	$169.56	$646.49	$730.83	$791.80		266.93%	<-Total Growth	6	Free Cash Flow		US$
Change								153.12%	333.86%	-11.57%	-138.60%	417.49%	-33.17%	281.27%	13.05%	8.34%		25.73%	<-IRR #YR->	5	Free Cash Flow MS	214.24%	US$
FCF/CF from Op Ratio							-0.53	0.14	0.33	0.26	-0.11	0.24	0.18	0.54	0.50	#DIV/0!		#NUM!	<-IRR #YR->	6	Free Cash Flow MS	#DIV/0!	US$
Dividends paid							$10.09	$14.06	$5.65	$15.28	$18.90	$19.60	$22.69	$24.52	$25.08	$0.00		124.97%	<-Total Growth	6	Dividends paid		US$
Percentage paid							-9.93%	26.06%	2.41%	7.38%	-23.65%	7.72%	13.38%	3.79%	3.43%	0.00%		7.38%	<-Median->	7	Percentage paid		US$
5 Year Coverage											20.40%	10.99%	10.47%	8.44%	6.44%	3.54%					5 Year Coverage		US$
Dividend Coverage Ratio							-10.07	3.84	41.42	13.55	-4.23	12.95	7.47	26.36	29.14	0.00		7.47	<-Median->	7	Dividend Coverage Ratio		US$
5 Year of Coverage											4.90	9.10	9.55	11.85	15.53	28.21					5 Year of Caogerage		US$
								-$54	$0	$0	$0	$0	$170
							$102	$0	$0	$0	$0	$0	$170
Free Cash Flow CDN$ MS old							-$207	$74	$251	$316	-$106										Free Cash Flow CDN$ MS old
Change								135.75%	239.19%	25.90%	-133.45%			$246	<-12 mths	5.85%					Change
Free Cash Flow CDN$ MS							-$131.93	$68.70	$296.80	$280.40	-$105.70	$365.10	$232.40	$901	$1,019	$1,104		276.15%	<-Total Growth	6	Free Cash Flow		CDN$
Change								152.07%	332.02%	-5.53%	-137.70%	445.41%	-36.35%	287.87%	13.05%	8.34%		27.60%	<-IRR #YR->	5	Free Cash Flow MS	238.28%	CDN$
FCF/CF from Op Ratio							-0.53	0.14	0.33	0.26	-0.11	0.24	0.18	0.54	0.50	#DIV/0!		#NUM!	<-IRR #YR->	6	Free Cash Flow MS	#DIV/0!	CDN$
Dividends paid							$13.10	$17.90	$7.17	$20.70	$25.00	$28.20	$31.10	$34.19	$34.97	$0.00		137.40%	<-Total Growth	6	Dividends paid		CDN$
Percentage paid							-9.93%	26.06%	2.41%	7.38%	-23.65%	7.72%	13.38%	3.79%	3.43%	0.00%		$0.07	<-Median->	7	Percentage paid		CDN$
5 Year Coverage											20.54%	10.93%	10.49%	8.32%	6.36%	3.55%					5 Year Coverage		CDN$
Dividend Coverage Ratio							-10.07	3.84	41.42	13.55	-4.23	12.95	7.47	26.36	29.14	0.00		7.47	<-Median->	7	Dividend Coverage Ratio		CDN$
5 Year of Coverage											4.87	9.15	9.53	12.02	15.72	28.20					5 Year of Coverage		CDN$
								-$69	$0	$0	$0	$0	$232
							$132	$0	$0	$0	$0	$0	$232
Market Cap in $M US$							$3,037.3	$10,357.0	$14,196.1	$11,113.6	$14,077.7	$18,349.7	$16,215.8	$15,496.1	$15,496.1	$0.0		433.88%	<-Total Growth	6	Market Cap	#DIV/0!	US$
Market Cap in $M CDN$							$4,049.8	$13,171.6	$17,939.2	$15,033.5	$18,646.5	$26,399.8	$21,873.4	$21,498.7	$21,498.7	$0.0		440.11%	<-Total Growth	6	Market Cap	#DIV/0!	CDN$
Diluted # of Shares in Million						149.03	180.55	360.38	361.57	367.17	369.66	380.84	378.69	378.69	378.69			154.10%	<-Total Growth	7	Diluted		CDN$
Change							21.15%	99.61%	0.33%	1.55%	0.68%	3.03%	-0.57%	0.00%	0.00%			14.25%	<-IRR #YR->	7	Diluted		CDN$
Difference Diluted/Basic						0.00%	0.00%	-1.51%	0.00%	0.00%	0.00%	0.00%	-2.41%	-0.55%	-0.55%			1.00%	<-IRR #YR->	5	Diluted		CDN$
Change in Diluted Shares per Year																							CDN$
						-149.0	0.0	0.0	0.0	0.0	0.0	0.0	378.7
								-360.4	0.0	0.0	0.0	0.0	378.7
Basic # of Shares in Millions						149.03	180.55	354.93	361.57	367.17	369.66	380.84	369.56	376.60	376.60			147.98%	<-Total Growth	7	Basic		CDN$
Change							21.15%	96.59%	1.87%	1.55%	0.68%	3.03%	-2.96%	1.90%	0.00%			1.87%	<-Median->	7	Change		CDN$
Difference						21.31%	0.14%	0.00%	3.73%	3.55%	10.35%	8.18%	0.39%	-1.49%	-1.49%			3.64%	<-Median->	8	Difference		CDN$
														$1,020	<-12 mths	6.18%
Preferred Shares								28.571	36.768	36.768	36.768	18.599	13.064					-54.28%	<-Total Growth	5	Preferred Shares		Shareholders' Capital
Multiple Voitng								12.063	12.063	11.813	11.813	11.813	11.813					-2.07%	<-Total Growth	5	Multiple Voitng
Subordinate Voting Shares/Common						180.794	180.794	314.300	326.230	331.630	359.350	381.570	346.110					91.44%	<-Total Growth	7	Sub Voting Shares
# of Share in Millions						180.794	180.794	354.935	375.061	380.211	407.931	411.982	370.987	370.987	370.987			10.81%	<-IRR #YR->	7	Shares	#DIV/0!	US$
Change							0.00%	96.32%	5.67%	1.37%	7.29%	0.99%	-9.95%	0.00%	0.00%			0.89%	<-IRR #YR->	5	Shares	4.52%	US$
Cash Flow from Operations $M US$						$21.55	$193.26	$394.44	$708.23	$809.44	$741.27	$1,070.40	$960.16	$1,192.5	$1,455.2			4355.29%	<-Total Growth	7	Cash Flow		US$
Increase							796.73%	104.10%	79.55%	14.29%	-8.42%	44.40%	-10.30%	24.20%	22.02%			Share Iss	SO, Buybacks		Cl B Shares Conv.		US$
5 year Running Average										$425.4	$569.3	$744.8	$857.9	$954.8	$1,083.9			101.68%	<-Total Growth	3	CF 5 Yr Running		US$
CFPS						$0.12	$1.07	$1.11	$1.89	$2.13	$1.82	$2.60	$2.59	$3.21	$3.92			2071.21%	<-Total Growth	7	Cash Flow per Share		US$
Increase							796.73%	3.96%	69.92%	12.74%	-14.64%	42.98%	-0.39%	24.20%	22.02%			72.01%	<-IRR #YR->	7	Cash Flow	#DIV/0!	US$
5 year Running Average										$1.26	$1.60	$1.91	$2.20	$2.47	$2.83			19.47%	<-IRR #YR->	5	Cash Flow	143.42%	US$
P/CF on Med Price							0.00	18.77	18.26	14.49	18.25	14.89	18.07	12.27	0.00			55.22%	<-IRR #YR->	7	Cash Flow per Share	#DIV/0!	US$
P/CF on Closing Price							15.72	26.26	20.04	13.73	18.99	17.14	16.89	12.99	10.65			18.42%	<-IRR #YR->	5	Cash Flow per Share	132.89%	US$
															-28.08%	Diff M/C		20.39%	<-IRR #YR->	3	CFPS 5 yr Running	#DIV/0!	US$
																							US$
Excl.Working Capital CF US$						-$0.95	$72.61	$9.58	$303.52	$408.00	$703.46	$409.41	$428.06	$0.00	$0.00			20.39%	<-IRR #YR->	3	CFPS 5 yr Running	#DIV/0!	US$
Cash Flow from Operations $M WC						$20.60	$265.86	$404.02	$1,011.75	$1,217.44	$1,444.73	$1,479.81	$1,388.22	$1,192.54	$1,455.16			6639.56%	<-Total Growth	7	Cash Flow less WC		US$
Increase							1190.70%	51.97%	150.42%	20.33%	18.67%	2.43%	-6.19%	-14.10%	22.02%			90.89%	<-IRR #YR->	7	Cash Flow less WC	#DIV/0!	US$
5 year Running Average										$583.9	$868.8	$1,111.6	$1,308.4	$1,344.5	$1,392.1			28.00%	<-IRR #YR->	5	Cash Flow less WC	243.60%	US$
CFPS Excl. WC						$0.11	$1.47	$1.14	$2.70	$3.20	$3.54	$3.59	$3.74	$3.21	$3.92			30.86%	<-IRR #YR->	3	CF less WC 5 Yr Run	#DIV/0!	US$
Increase							1190.70%	-22.59%	136.98%	18.70%	10.61%	1.42%	4.18%	-14.10%	22.02%			30.86%	<-IRR #YR->	3	CF less WC 5 Yr Run	#DIV/0!	US$
5 year Running Average										$1.72	$2.41	$2.83	$3.36	$3.46	$3.60			64.68%	<-IRR #YR->	7	CFPS - Less WC	#DIV/0!	US$
P/CF on Median Price							0.00	18.32	12.79	9.63	9.37	10.77	12.50	12.27	0.00			26.87%	<-IRR #YR->	5	CFPS - Less WC	228.73%	US$
P/CF on Closing Price							11.42	25.63	14.03	9.13	9.74	12.40	11.68	12.99	10.65			64.68%	<-IRR #YR->	7	CFPS 5 yr Running	#DIV/0!	US$
*Operational Cash Flow.			CF/-WC	P/CF Med	10 yr	18.07	5 yr	18.07	P/CF Med	10 yr	10.77	5 yr	10.77		20.62%	Diff M/C		24.84%	<-IRR #YR->	3	CFPS 5 yr Running	#DIV/0!	US$
														$1,421.5	<-12 mths	8.02%
Cash Flow from Operations $M CDN$						$29.4	$251.0	$502.2	$897.9	$1,096.3	$980.40	$1,540.2	$1,316.0	$1,662.8	$2,028.9			4376.19%	<-Total Growth	7	Cash Flow		CDN$
Increase							753.74%	100.08%	78.79%	22.10%	-10.57%	57.10%	-14.56%	26.35%	22.02%			Share Iss	SO, Buybacks		Cl B Shares Conv.		CDN$
5 year Running Average										$555.4	$745.6	$1,003.4	$1,166.2	$1,319.1	$1,505.7			109.98%	<-Total Growth	3	CF 5 Yr Running		CDN$
CFPS						$0.16	$1.39	$1.41	$2.39	$2.88	$2.40	$3.74	$3.55	$4.48	$5.47			2081.40%	<-Total Growth	7	Cash Flow per Share		CDN$
Increase							753.74%	1.92%	69.20%	20.44%	-16.65%	55.55%	-5.11%	26.35%	22.02%			72.13%	<-IRR #YR->	7	Cash Flow	#DIV/0!	CDN$
5 year Running Average										$1.65	$2.10	$2.57	$2.99	$3.41	$3.93			21.25%	<-IRR #YR->	5	Cash Flow	162.05%	CDN$
P/CF on Med Price							0.00	19.39	18.45	13.73	18.52	14.50	18.46	12.14	0.00			55.33%	<-IRR #YR->	7	Cash Flow per Share	#DIV/0!	CDN$
P/CF on Closing Price							16.13	26.23	19.98	13.71	19.02	17.14	16.62	12.93	10.60			20.18%	<-IRR #YR->	5	Cash Flow per Share	150.71%	CDN$
															-29.94%	Diff M/C		21.99%	<-IRR #YR->	3	CFPS 5 yr Running	#DIV/0!	CDN$
																							CDN$
Excl.Working Capital CF CDN$						-$1.30	$94.30	$12.20	$384.80	$552.60	$930.40	$589.10	$586.70	$0.00	$0.00			21.99%	<-IRR #YR->	3	CFPS 5 yr Running	#DIV/0!	CDN$
Cash Flow from Operations $M WC						$28.10	$345.30	$514.40	$1,282.70	$1,648.90	$1,910.80	$2,129.30	$1,902.70	$1,662.76	$2,028.93			6671.17%	<-Total Growth	7	Cash Flow less WC		CDN$
Increase							1128.83%	48.97%	149.36%	28.55%	15.88%	11.44%	-10.64%	-12.61%	22.02%			82.61%	<-IRR #YR->	7	Cash Flow less WC	#DIV/0!	CDN$
5 year Running Average										$763.9	$1,140.4	$1,497.2	$1,774.9	$1,850.9	$1,926.9			29.90%	<-IRR #YR->	5	Cash Flow less WC	269.89%	CDN$
CFPS Excl. WC						$0.16	$1.91	$1.45	$3.42	$4.34	$4.68	$5.17	$5.13	$4.48	$5.47			32.45%	<-IRR #YR->	3	CF less WC 5 Yr Run	#DIV/0!	CDN$
Increase							1128.83%	-24.12%	135.98%	26.81%	8.01%	10.34%	-0.77%	-12.61%	22.02%			32.45%	<-IRR #YR->	3	CF less WC 5 Yr Run	#DIV/0!	CDN$
5 year Running Average										$2.25	$3.16	$3.81	$4.55	$4.76	$4.99			64.79%	<-IRR #YR->	7	CFPS - Less WC	#DIV/0!	CDN$
P/CF on Median Price							0.00	18.93	12.92	9.13	9.50	10.49	12.77	12.14	0.00			28.76%	<-IRR #YR->	5	CFPS - Less WC	253.88%	CDN$
P/CF on Closing Price							11.73	25.61	13.99	9.12	9.76	12.40	11.50	12.93	10.60			26.35%	<-IRR #YR->	3	CFPS 5 yr Running	#DIV/0!	CDN$
*Operational Cash Flow.			CF/-WC	P/CF Med	10 yr	18.45	5 yr	18.45	P/CF Med	10 yr	10.49	5 yr	10.49		23.26%	Diff M/C		26.35%	<-IRR #YR->	3	CFPS 5 yr Running	#DIV/0!	CDN$
						-180.8	0.0	0.0	0.0	0.0	0.0	0.0	371.0								Shares
								-354.9	0.0	0.0	0.0	0.0	371.0								Shares
						-$21.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$960.16								Cash Flow		US$
								-$394.4	$0.0	$0.0	$0.0	$0.0	$960.16								Cash Flow		US$
						-$0.12	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.59								Cash Flow per Share		US$
								-$1.11	$0.00	$0.00	$0.00	$0.00	$2.59								Cash Flow per Share		US$
										-$1.26	$0.00	$0.00	$2.20								CFPS 5 yr Running		US$
										-$1.26	$0.00	$0.00	$2.20								CFPS 5 yr Running		US$
						-$20.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$1,902.7								Cash Flow less WC		US$
								-$404.0	$0.0	$0.0	$0.0	$0.0	$1,388.2								Cash Flow less WC		US$
										-$583.9	$0.0	$0.0	$1,308.4								CF less WC 5 Yr Run		US$
										-$583.9	$0.0	$0.0	$1,308.4								CF less WC 5 Yr Run		US$
						-$0.11	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.74								CFPS - Less WC		US$
								-$1.14	$0.00	$0.00	$0.00	$0.00	$3.74								CFPS - Less WC		US$
										-$1.72	$0.00	$0.00	$3.36								CFPS 5 yr Running		US$
										-$1.72	$0.00	$0.00	$3.36								CFPS 5 yr Running		US$
						-$29.4	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$1,316.00								Cash Flow		US$
								-$502.2	$0.0	$0.0	$0.0	$0.0	$1,316.00								Cash Flow		CDN$
						-$0.16	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.55								Cash Flow per Share		CDN$
								-$1.41	$0.00	$0.00	$0.00	$0.00	$3.55								Cash Flow per Share		CDN$
										-$1.65	$0.00	$0.00	$2.99								CFPS 5 yr Running		CDN$
										-$1.65	$0.00	$0.00	$2.99								CFPS 5 yr Running		CDN$
						-$28.1	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$1,902.7								Cash Flow less WC		CDN$
								-$514.4	$0.0	$0.0	$0.0	$0.0	$1,902.7								Cash Flow less WC		CDN$
										-$763.9	$0.0	$0.0	$1,774.9								CF less WC 5 Yr Run		CDN$
										-$763.9	$0.0	$0.0	$1,774.9								CF less WC 5 Yr Run		CDN$
						-$0.16	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$5.13								CFPS - Less WC		CDN$
								-$1.45	$0.00	$0.00	$0.00	$0.00	$5.13								CFPS - Less WC		CDN$
										-$2.25	$0.00	$0.00	$4.55								CFPS 5 yr Running		CDN$
										-$2.25	$0.00	$0.00	$4.55								CFPS 5 yr Running		CDN$
Change in Working Capital
accts Pay & Accr Liab						$79.8	$13.3	$83.4	$114.3	$160.4	-$3.4	$134.4	-$75.5
Trade & other Rec						-$55.3	-$57.3	-$77.7	-$138.0	-$221.0	$57.7	-$109.2	$49.2
Prepaid Expenses						-$13.5	-$30.6	-$0.5	-$22.4	-$24.9	-$23.3	-$43.1	-$31.5
Income Taxes Payble						$3.0	-$0.3
Interest paid in Cash on Notes									-$4.2	-$2.0	-$0.2	$0.0
Interest paid in Cash									-$286.4	-$413.2	-$517.1	-$490.4	-$449.2
Income Tax paid							-$4.1	$4.3	-$11.0	-$24.4	-$411.6	-$43.8	-$34.3
Landfill						-$12.7	-$15.3	-$21.7	-$37.1	-$27.5	-$32.5	-$37.0	-$45.4
																					Generally not part of WC
Sum					$0.0	$1.3	-$94.3	-$12.2	-$384.8	-$552.6	-$930.4	-$589.1	-$586.7
Google --> TD 2017					-$33	$1	-$90	-$17	-$83	-$553	-$930	-$589	-$587
Difference					$33	$0	-$4	$5	-$302	$0	$0	$0	$0
Revised						$2	-$94	-$12	-$385
Difference						-$1	$0	$0	$0
Year						2023	2023	2023	2023	2023
OPM Ratio CDN$						1.59%	7.50%	11.97%	16.25%	16.21%	13.05%	19.59%	19.89%	22.14%				165.24%	<-Total Growth	7	OPM		CDN$
Increase							372.57%	59.58%	35.78%	-0.22%	-19.55%	50.18%	1.54%	11.29%					Should increase		or be stable.		CDN$
Diff from Median						-89.2%	-48.7%	-18.2%	11.1%	10.8%	-10.8%	33.9%	36.0%	51.3%				0.00	<-Median->	8	OPM		CDN$
*Operational Profit Margin (CF/Revenue) Ratio									OPM	10 Yrs	14.63%	5 Yrs	16.25%					should be	zero, it is a		check on calculations		CDN$
														$1,478.2	<-12 mths	2.07%
Adjusted EBITDA US$						$206.7	$635.7	$845.7	$1,154.5	$1,270.5	$1,515.0	$1,564	$1,448	$1,644	$1,810			600.61%	<-Total Growth	7	Adjusted EBITDA US$		US$
Change							207.55%	33.02%	36.52%	10.05%	19.24%	3.24%	-7.40%	13.50%	10.08%			19.24%	<-Median->	7	Change		US$
Margin						15.22%	24.67%	25.66%	26.49%	25.45%	26.66%	28.63%	30.00%	30.52%	31.16%			26.07%	<-Median->	8	Margin		US$
														$2,061.1	<-12 mths	3.83%
Adjusted EBITDA CDN$$						$282.0	$825.7	$1,076.7	$1,463.7	$1,720.8	$2,003.7	$2,250.5	$1,985.0	$2,292	$2,523	$2,717		603.90%	<-Total Growth	7	Adjusted EBITDA CDN$$		CDN$
Change							192.80%	30.40%	35.94%	17.57%	16.44%	12.32%	-11.80%	15.47%	10.08%	7.69%		17.57%	<-Median->	7	Change		CDN$
Margin						15.22%	24.67%	25.66%	26.49%	25.45%	26.66%	28.63%	30.00%	30.52%	31.16%	31.61%		26.07%	<-Median->	8	Margin		CDN$
														$393.3	<-12 mths	-1.65%
EBIT CDN$$									-$64.3	$67.2	$295.5	$456.5	$399.9	$637.6	$912.3	$1,067.0			<-Total Growth	4	EBIT CDN$$
Change										204.51%	339.73%	54.48%	-12.40%	59.44%	43.08%	16.96%		129.50%	<-Median->	4	Change
Margin									-1.16%	0.99%	3.93%	5.81%	6.04%	8.49%	11.27%	12.41%		3.93%	<-Median->	5	Margin
Long Term Debt US$							$5,821.3	$4,839.4	$6,280.0	$6,828.8	$6,674.1	$6,152.6	$5,415.6	$6,884.6				-6.97%	<-Total Growth	6	Bank Debt		US$
Change								-16.87%	29.77%	8.74%	-2.26%	-7.81%	-11.98%	27.13%				-5.04%	<-Median->	6	Change		US$
Debt/Market Cap Ratio							1.92	0.47	0.44	0.61	0.47	0.34	0.33	0.44				0.47	<-Median->	7	Debt/Market Cap Ratio		US$
Assets/Current Liabilities Ratio							14.25	13.18	12.07	7.34	10.98	6.73	9.66	11.16				10.98	<-Median->	7	Assets/Current Liabilities Ratio		US$
Debt to Cash Flow (Years)							30.12	12.27	8.87	8.44	9.00	5.75	5.64	5.77				8.87	<-Median->	7	Debt to Cash Flow (Years)		US$
Long Term Debt CDN$							$7,560.7	$6,161.5	$7,961.8	$9,248.9	$8,827.2	$8,853.0	$7,422.6	$9,599.2				-1.83%	<-Total Growth	6	Bank Debt		CDN$
Change								-18.51%	29.22%	16.17%	-4.56%	0.29%	-16.16%	29.32%				-2.13%	<-Median->	6	Change		CDN$
Debt/Market Cap Ratio							1.87	0.47	0.44	0.62	0.47	0.34	0.34	0.45				0.47	<-Median->	7	Debt/Market Cap Ratio		CDN$
Assets/Current Liabilities Ratio							14.25	13.18	12.07	7.34	10.98	6.73	9.66	11.16				10.98	<-Median->	7	Assets/Current Liabilities Ratio		CDN$
Debt to Cash Flow (Years)							30.12	12.27	8.87	8.44	9.00	5.75	5.64	5.77				8.87	<-Median->	7	Debt to Cash Flow (Years)		CDN$
Intangibles US$							$2,192.79	$2,429.63	$2,628.96	$2,395.89	$2,310.83	$1,969.00	$1,281.92	$1,562.6				-41.54%	<-Total Growth	6	Intangibles		US$
Goodwill							$3,983.52	$5,105.56	$5,916.63	$6,041.35	$5,965.90	$5,605.53	$5,030.57	$5,521.5				26.28%	<-Total Growth	6	Goodwill		US$
Total							$6,176.32	$7,535.19	$8,545.59	$8,437.2	$8,276.7	$7,574.5	$6,312.5	$7,084.1				2.20%	<-Total Growth	6	Total		US$
Change							0.00%	22.00%	13.41%	-1.27%	-1.90%	-8.48%	-16.66%	12.22%				-1%	<-Median->	7	Change		US$
Intangible/Market Cap Ratio							2.03	0.73	0.60	0.76	0.59	0.41	0.39	0.46				60%	<-Median->	7	Intangible/Market Cap Ratio		US$
Intangibles CDN$							$2,848.0	$3,093.4	$3,333.0	$3,245.0	$3,056.3	$2,833.2	$1,757.0	$2,178.7				-38.31%	<-Total Growth	6	Intangibles		CDN$
Goodwill							$5,173.8	$6,500.4	$7,501.1	$8,182.4	$7,890.5	$8,065.8	$6,894.9	$7,698.6				33.27%	<-Total Growth	6	Goodwill		CDN$
Total							$8,021.8	$9,593.8	$10,834.1	$11,427.4	$10,946.8	$10,899.0	$8,651.9	$9,877.3				7.85%	<-Total Growth	6	Total		CDN$
Change							0.00%	19.60%	12.93%	5.48%	-4.21%	-0.44%	-20.62%	14.16%				0.00%	<-Median->	7	Change		CDN$
Intangible/Market Cap Ratio							1.98	0.73	0.60	0.76	0.59	0.41	0.40	0.46				0.60	<-Median->	7	Intangible/Market Cap Ratio		CDN$
Current Assets US$							$1,093.5	$807.6	$1,179.8	$1,021.2	$1,122.8	$1,178.4	$849.4	$1,041.2				-22.33%	<-Total Growth	6	Current Assets		US$
Current Liabilities							$666.1	$937.2	$1,200.8	$1,987.7	$1,368.8	$2,189.7	$1,457.7	$1,383.4				118.85%	<-Total Growth	6	Current Liabilities		US$
Liquidity Ratio							1.64	0.86	0.98	0.51	0.82	0.54	0.58	0.75				0.82	<-Median->	7	Ratio		US$
Assets US$							$9,488.6	$12,354.7	$14,492.6	$14,595.1	$15,030.4	$14,738.6	$14,077.9	$15,440.7				48.37%	<-Total Growth	6	Assets		US$
Liabilities							$7,357.5	$7,894.0	$9,936.6	$10,132.5	$9,445.8	$9,719.7	$8,616.5	$10,031.9				17.11%	<-Total Growth	6	Liabilities		US$
Debt Ratio							1.29	1.57	1.46	1.44	1.59	1.52	1.63	1.54				1.52	<-Median->	7	Ratio		US$
Estimates BVPS														$14.14	$14.34	$14.08			Estimates		Estimates BVPS
Estimate Book Value														$5,247.0	$5,318.8	$0.0			Estimates		Estimate Book Value
P/B Ratio (Close)														2.95	2.91	2.97			Estimates		P/B Ratio (Close)
Difference from 10 year median															12.23%	Diff M/C			Estimates		Difference from 10 yr med.
Check on BV.							$2,131.1	$4,460.7	$4,556.0	$4,457.5	$5,426.5	$4,873.6	$5,328.2	$5,408.7
Book Value US$							$2,131.1	$4,460.7	$4,556.0	$4,462.6	$5,584.6	$5,018.9	$5,461.4	$5,408.7
NCI							$0.0	$0.0	$0.0	$5.1	$158.1	$145.3	$133.2	$131.0
Book Value US$						$2,131.1	$2,131.1	$4,460.7	$4,556.0	$4,457.5	$5,426.5	$4,873.6	$5,328.2	$5,277.7	$5,277.7	$5,277.7		150.02%	<-Total Growth	7	Book Value		US$
Book Value per share						$11.79	$11.79	$12.57	$12.15	$11.72	$13.30	$11.83	$14.36	$14.23	$14.23	#DIV/0!		21.84%	<-Total Growth	7	Book Value per Share		US$
Increase								6.62%	-3.34%	-3.49%	13.47%	-11.07%	21.41%	-0.95%	0.00%	#DIV/0!		11.58%	P/B Ratio		Current/Historical Median		US$
P/B Ratio (Median)							0.00	1.66	2.84	2.63	2.49	3.27	3.26	2.77				2.63	P/B Ratio		Historical Median		US$
P/B Ratio (Close)							1.43	2.32	3.12	2.49	2.59	3.77	3.04	2.94	2.94	#DIV/0!		#NUM!	<-IRR #YR->	7	Book Value per Share	#DIV/0!	US$
Change								62.91%	34.20%	-19.98%	4.05%	45.13%	-19.17%	-3.52%	0.00%	#DIV/0!		#NUM!	<-IRR #YR->	4	Book Value per Share	14.28%	US$
Leverage (A/BK)							4.45	2.77	3.18	3.27	2.77	3.02	2.64	2.93				3.02	<-Median->	5	A/BV		US$
Debt/Equity Ratio							3.45	1.77	2.18	2.27	1.74	1.99	1.62	1.90				1.99	<-Median->	5	Debt/Eq Ratio		US$
Shareholders' Equity (Assets less Liabilities)									P/BV	10 yr Med	2.63	5 yr Med	2.84		11.58%	Diff M/C		3.02	Historical		Leverage (A/BK)		US$
						-$11.79	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$14.23
									-$12.15	$0.00	$0.00	$0.00	$0.00	$14.23
Current Assets CDN$							$1,420.3	$1,028.2	$1,495.7	$1,383.1	$1,485.0	$1,695.6	$1,164.2	$1,451.8				-18.03%	<-Total Growth	6	Current Assets		CDN$
Current Liabilities							$865.1	$1,193.3	$1,522.4	$2,692.1	$1,810.4	$3,150.7	$1,997.9	$1,928.9				130.94%	<-Total Growth	6	Current Liabilities		CDN$
Liquidity Ratio							1.64	0.86	0.98	0.51	0.82	0.54	0.58	0.75				0.82	<-Median->	7	Ratio		CDN$
Liq. with CF aft div							1.93	1.27	1.56	0.91	1.35	1.02	1.23	1.60				1.23	<-Median->	5	Ratio	If Div = 0	CDN$
Liq. CF re  Inv+Div							0.83	0.27	0.56	0.55	1.15	0.66	1.23	1.60				0.66	<-Median->	5	Ratio		CDN$
Assets CDN$							$12,323.8	$15,730.0	$18,373.7	$19,767.6	$19,879.2	$21,207.4	$19,295.2	$21,528.9				56.57%	<-Total Growth	6	Assets		CDN$
Liabilities							$9,555.9	$10,050.7	$12,597.6	$13,723.5	$12,493.0	$13,985.7	$11,809.8	$13,987.5				23.59%	<-Total Growth	6	Liabilities		CDN$
Debt Ratio							1.29	1.57	1.46	1.44	1.59	1.52	1.63	1.54				1.52	<-Median->	7	Ratio		CDN$
Estimates BVPS														$19.72	$19.99	$19.63			Estimates		Estimates BVPS
Estimate Book Value														$7,315.9	$7,416.0	$0.0			Estimates		Estimate Book Value
P/B Ratio (Close)														2.94	2.90	2.95			Estimates		P/B Ratio (Close)
Difference from 10 year median															8.88%	Diff M/C			Estimates		Difference from 10 yr med.
Check on BV.							$2,767.9	$5,679.3	$5,776.1	$6,044.1	$7,386.2	$7,221.7	$7,485.4	$7,541.4							Check on BV.
Book Value CDN$							$2,767.9	$5,679.3	$5,776.1	$6,044.1	$7,386.2	$7,221.7	$7,485.4	$7,541.4				170.44%	<-Total Growth	6	Book Value CDN$
NCI							$0.0	$0.0	$0.0	$6.9	$209.1	$209.1	$182.6	$182.7							NCI
Book Value CDN$						$2,767.9	$2,767.9	$5,679.3	$5,776.1	$6,037.2	$7,177.1	$7,012.6	$7,302.8	$7,358.7	$7,358.7	$7,358.7		163.84%	<-Total Growth	7	Book Value		CDN$
Book Value per share						$15.31	$15.31	$16.00	$15.40	$15.88	$17.59	$17.02	$19.68	$19.84	$19.84	#DIV/0!		28.58%	<-Total Growth	7	Book Value per Share		CDN$
Increase								4.52%	-3.75%	3.10%	10.80%	-3.25%	15.65%	0.77%	0.00%	#DIV/0!		8.24%	P/B Ratio		Current/Historical Median		CDN$
P/B Ratio (Median)								1.71	2.87	2.49	2.53	3.19	3.33	2.74				2.70	P/B Ratio		Historical Median		CDN$
P/B Ratio (Close)							1.46	2.32	3.11	2.49	2.60	3.76	3.00	2.92	2.92	#DIV/0!		3.66%	<-IRR #YR->	7	Book Value per Share	#DIV/0!	CDN$
Change								58.51%	33.91%	-19.82%	4.33%	44.90%	-20.44%	-2.46%	0.00%	#DIV/0!		4.23%	<-IRR #YR->	5	Book Value per Share	23.02%	CDN$
Leverage (A/BK)							4.45	2.77	3.18	3.27	2.77	3.02	2.64	2.93				3.02	<-Median->	5	A/BV		CDN$
Debt/Equity Ratio							3.45	1.77	2.18	2.27	1.74	1.99	1.62	1.90				1.99	<-Median->	5	Debt/Eq Ratio		CDN$
Shareholders' Equity (Assets less Liabilities)									P/BV	10 yr Med	2.70	5 yr Med	2.87		8.24%	Diff M/C		3.02	Historical		Leverage (A/BK)		CDN$
						-$15.31	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$19.68
								-$16.00	$0.00	$0.00	$0.00	$0.00	$19.68
														-$1,980.38	<-12 mths	-184.02%
Comprehensive Income US$						-$313.3	-$379.8	-$969.0	-$488.2	$54.0	-$67.3	-$188.2	$2,334.2
NIC						$0.00	$0.00	$0.00	$0.00	$0.66	-$14.52	$3.34	-$22.91
Shareholders US$						-$313.3	-$379.8	-$969.0	-$488.2	$53.3	-$52.8	-$191.5	$2,357.1					852.37%	<-Total Growth	7	Comprehensive Income		US$
Increase							-21.23%	-155.12%	49.61%	110.92%	-199.00%	-262.93%	1330.66%					49.61%	<-Median->	5	Comprehensive Income		US$
5 Yr Running Average										-$419.40	-$367.30	-$329.65	$335.58					#NUM!	<-IRR #YR->	7	Comprehensive Income	#DIV/0!	US$
ROE						-14.7%	-17.8%	-21.7%	-10.7%	1.2%	-1.0%	-3.9%	44.2%					#NUM!	<-IRR #YR->	5	Comprehensive Income	343.26%	US$
5Yr Median						-14.7%	-16.3%	-17.8%	-16.3%	-14.7%	-10.7%	-3.9%	-1.0%					#NUM!	<-IRR #YR->	3	5 Yr Running Average	#DIV/0!	US$
% Difference from Net Income						11.58%	-9.21%	-22.32%	9.05%	127.05%	-49.15%	-128.62%	1428.24%					#NUM!	<-IRR #YR->	3	5 Yr Running Average	#DIV/0!	US$
Median Values										Diff	5, 10 yr	-0.1%	9.1%					-1.0%	<-Median->	5	Return on Equity
						$313.3	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$2,357.1
								$969.0	$0.0	$0.0	$0.0	$0.0	$2,357.1
										$419.4	$0.0	$0.0	$335.6
										$419.4	$0.0	$0.0	$335.6
Current Liability Coverage Ratio							0.40	0.43	0.84	0.61	1.06	0.68	0.95	0.86							CFO / Current Liabilities		US$
5 year Median											0.61	0.68	0.84	0.86				0.68	<-Median->	7	Current Liability Cov Ratio		US$
Asset Efficiency Ratio							2.80%	3.27%	6.98%	8.34%	9.61%	10.04%	9.86%	7.72%							CFO / Total Assets		US$
5 year Median											6.98%	8.34%	9.61%	9.61%				8.3%	<-Median->	7	Return on Assets		US$
Return on Assets ROA							-3.67%	-6.41%	-3.70%	-1.35%	-0.24%	4.54%	1.10%	-1.39%				Net	Income/Assets		Return on Assets		US$
5Yr Median											-3.67%	-1.35%	-0.24%	-0.24%				-1.4%	<-Median->	7	Asset Efficiency Ratio		US$
Return on Equity ROE						-16.63%	-16.32%	-17.76%	-11.78%	-4.42%	-0.65%	13.73%	2.89%	-4.06%				Net Inc/	Shareholders' equity		Return on Equity		US$
5Yr Median										-16.32%	-11.78%	-4.42%	-0.65%	-0.65%				-8.1%	<-Median->	8	Return on Equity		US$
														-$2,761.24	<-12 mths	-198.71%
Net Income US$						-$354.3	-$347.8	-$781.4	-$478.6	-$229.7	$24.3	$512.7	$2,782.3					885.19%	<-Total Growth	7	Net Income US$
NCI						$0.00	$0.00	$0.00	$0.00	$0.52	-$9.98	$10.42	-$15.10						<-Total Growth	7	NCI
Income						-$354.3	-$347.8	-$781.4	-$478.6	-$230.2	$34.3	$502.3	$2,797.4	-$214.3	$139.6	$249.5		889.45%	<-Total Growth	7	Income
Loss from Discontinued Operations						$0.00	$0.00	$0.00	$15.93	-$94.43	$0.00	-$111.06	$2,606.38	-107.66%	165.16%	78.69%			<-Total Growth	7	Loss from Discontinued Operations
Preferred shares						$0.00	$0.00	$10.76	$42.28	$61.28	$69.71	-$55.81	$36.77	$118	$158	$165			<-Total Growth	7	Preferred shares
Shareholdersd US$						-$354.3	-$347.8	-$792.2	-$536.8	-$197.1	-$35.4	$669.1	$154.2					143.53%	<-Total Growth	7	Net Income		US$
Increase							1.85%	-127.78%	32.23%	63.29%	82.04%	1990.99%	-76.95%					EPS/CF Ratio should not be higher than 1.00					US$
5 Yr Running Average										-$446	-$382	-$178	$11					#NUM!	<-IRR #YR->	7	Net Income	885.19%	US$
Operating Cash Flow						$21.6	$193.3	$394.4	$708.2	$809.4	$741.3	$1,070.4	$960.2					#NUM!	<-IRR #YR->	5	Net Income	119.47%	US$
Investment Cash Flow						-$5,261.5	-$891.8	-$3,419.3	-$2,119.6	-$1,280.4	-$234.7	-$1,170.6	$2,888.2					#NUM!	<-IRR #YR->	3	5 Yr Running Average	#DIV/0!	US$
Total Accruals						$4,885.6	$350.8	$2,232.7	$874.5	$273.9	-$542.0	$769.3	-$3,694.1					#NUM!	<-IRR #YR->	3	5 Yr Running Average	#DIV/0!	US$
Total Assets						$0.0	$9,488.6	$12,354.7	$14,492.6	$14,595.1	$15,030.4	$14,738.6	$14,077.9						Balance Sheet		Assets		US$
Accruals Ratio							3.70%	18.07%	6.03%	1.88%	-3.61%	5.22%	-26.24%					1.88%	<-Median->	5	Ratio		US$
EPS/CF Ratio (WC)						-15.63	-1.31	-1.93	-0.54	-0.25	-0.03	-0.41	1.95					-0.47	<-Median->	8	EPS/CF Ratio		US$
						$354.3	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$154.2
								$792.2	$0.0	$0.0	$0.0	$0.0	$154.2
										$445.6	$0.0	$0.0	$10.8
										$445.6	$0.0	$0.0	$10.8
Financial Cash Flow US$						$5,242.5	$1,132.2	$2,622.0	$1,549.7	$420.1	-$455.8	$113.4	-$3,879.2						C F Statement		Financial Cash Flow		CDN$
Total Accruals						-$356.8	-$781.4	-$389.3	-$675.2	-$146.2	-$86.2	$655.9	$185.1								Accruals		CDN$
Accruals Ratio						#DIV/0!	-8.24%	-3.15%	-4.66%	-1.00%	-0.57%	4.45%	1.31%					-0.57%	<-Median->	5	Ratio		CDN$
			Yes 0
														$85.80	<-12 mths	-97.34%
Comprehensive Income CDN$						-$427.4	-$493.3	-$1,233.7	-$619.0	$73.1	-$89.0	-$270.8	$3,199.3					848.55%	<-Total Growth	7	Comprehensive Income CDN$
NCI						$0.0	$0.0	$0.0	$0.0	$0.9	-$19.2	$4.8	-$31.4					#DIV/0!	<-Total Growth	7	NCI
Shareholders CDN$						-$427.4	-$493.3	-$1,233.7	-$619.0	$72.2	-$69.8	-$275.6	$3,230.7					855.90%	<-Total Growth	7	Shareholders CDN$		CDN$
Increase							-15.42%	-150.09%	49.83%	111.66%	-196.68%	-294.84%	1272.24%					49.83%	<-Median->	5	Comprehensive Income		CDN$
5 Yr Running Average										-$540.24	-$468.72	-$425.18	$467.70					#NUM!	<-IRR #YR->	7	Comprehensive Income	#DIV/0!	CDN$
ROE						-15.4%	-17.8%	-21.7%	-10.7%	1.2%	-1.0%	-3.9%	44.2%					#NUM!	<-IRR #YR->	5	Comprehensive Income	361.87%	CDN$
5Yr Median						-15.4%	-16.6%	-17.8%	-16.6%	-15.4%	-10.7%	-3.9%	-1.0%					#NUM!	<-IRR #YR->	3	5 Yr Running Average	#DIV/0!	CDN$
% Difference from Net Income						11.58%	-9.21%	-22.32%	9.05%	127.05%	-49.15%	-128.62%	1428.24%					#NUM!	<-IRR #YR->	3	5 Yr Running Average	#DIV/0!	CDN$
Median Values										Diff	5, 10 yr	-0.1%	9.1%					-1.0%	<-Median->	5	Return on Equity
						$427.4	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$3,230.7
								$1,233.7	$0.0	$0.0	$0.0	$0.0	$3,230.7
										$540.2	$0.0	$0.0	$467.7
										$540.2	$0.0	$0.0	$467.7
Current Liability Coverage Ratio							0.40	0.43	0.84	0.61	1.06	0.68	0.95	0.86							CFO / Current Liabilities		CDN$
5 year Median											0.61	0.68	0.84	0.86				0.68	<-Median->	7	Current Liability Cov Ratio		CDN$
Asset Efficiency Ratio							2.80%	3.27%	6.98%	8.34%	9.61%	10.04%	9.86%	7.72%							CFO / Total Assets		CDN$
5 year Median											6.98%	8.34%	9.61%	9.61%				8.3%	<-Median->	7	Return on Assets		CDN$
Return on Assets ROA							-3.67%	-6.41%	-3.70%	-1.35%	-0.24%	4.54%	1.10%	-1.39%				Net	Income/Assets		Return on Assets		CDN$
5Yr Median											-3.67%	-1.35%	-0.24%	-0.24%				-1.4%	<-Median->	7	Asset Efficiency Ratio		CDN$
Return on Equity ROE						-17.46%	-16.32%	-17.76%	-11.78%	-4.42%	-0.65%	13.73%	2.89%	-4.06%				Net Inc/	Shareholders' equity		Return on Equity		CDN$
5Yr Median										-16.32%	-11.78%	-4.42%	-0.65%	-0.65%				-8.1%	<-Median->	8	Return on Equity		CDN$
														-$3,850.0	<-12 mths	-200.41%
												$2.53	$0.56
Net Income CDN$						-$483.4	-$451.7	-$994.9	-$606.8	-$311.1	$32.2	$737.7	$3,813.4					888.87%	<-Total Growth	7	Net Income CDN$
NCI						$0.0	$0.0	$0.0	$0.0	$0.7	-$13.2	$15.0	-$20.7					#DIV/0!	<-Total Growth	7	NCI
Income						-$483.4	-$451.7	-$994.9	-$606.8	-$311.8	$45.4	$722.7	$3,834.1	-$298.8	$194.7	$347.9		893.15%	<-Total Growth	7	Income
Loss from Discontinued Operations						$0.0	$0.0	$0.0	$20.2	-$127.9	$0.0	-$159.8	$3,572.3	-107.79%	165.16%	78.69%		#DIV/0!	<-Total Growth	7	Loss from Discontinued Operations
Preferred shares						$0.0	$0.0	$13.7	$53.6	$83.0	$92.2	-$80.3	$50.4	$172	$225	$235		#DIV/0!	<-Total Growth	7	Preferred shares
Shareholders CDN$						-$483.4	-$451.7	-$1,008.6	-$680.6	-$266.9	-$46.8	$962.8	$211.4					143.73%	<-Total Growth	7	Shareholders CDN$		CDN$
Increase							6.56%	-123.29%	32.52%	60.78%	82.47%	2157.26%	-78.04%					EPS/CF Ratio should not be higher than 1.00					CDN$
5 Yr Running Average										-$578	-$491	-$208	$36					#NUM!	<-IRR #YR->	7	Net Income	#DIV/0!	CDN$
Operating Cash Flow						$29.4	$251.0	$502.2	$897.9	$1,096.3	$980.4	$1,540.2	$1,316.0					#NUM!	<-IRR #YR->	5	Net Income	120.96%	CDN$
Investment Cash Flow						-$7,177.8	-$1,158.3	-$4,353.5	-$2,687.2	-$1,734.2	-$310.4	-$1,684.4	$3,958.5					#NUM!	<-IRR #YR->	3	5 Yr Running Average	#DIV/0!	CDN$
Total Accruals						$6,665.0	$455.6	$2,842.7	$1,108.7	$371.0	-$716.8	$1,107.0	-$5,063.1					#NUM!	<-IRR #YR->	3	5 Yr Running Average	#DIV/0!	CDN$
Total Assets						$0.0	$12,323.8	$15,730.0	$18,373.7	$19,767.6	$19,879.2	$21,207.4	$19,295.2						Balance Sheet		Assets		CDN$
Accruals Ratio							3.70%	18.07%	6.03%	1.88%	-3.61%	5.22%	-26.24%					1.88%	<-Median->	5	Ratio		CDN$
EPS/CF Ratio (WC)						-15.63	-1.31	-1.93	-0.54	-0.25	-0.03	-0.41	1.95					-0.47	<-Median->	8	EPS/CF Ratio		CDN$
						$483.4	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$211.4
								$1,008.6	$0.0	$0.0	$0.0	$0.0	$211.4
										$578.2	$0.0	$0.0	$36.0
										$578.2	$0.0	$0.0	$36.0
Change in Close								65.67%	28.89%	-17.33%	15.60%	40.19%	-7.99%	-1.71%	0.00%	0.00%			Count	7	Years of data		CDN$
up/down								up	up	up			down	up					Count	5	71.43%		CDN$
Meet Prediction?								Yes	Yes				Yes					% right	Count	3	60.00%		CDN$
Financial Cash Flow CDN$						$7,151.8	$1,470.5	$3,338.3	$1,964.7	$569.0	-$602.8	$163.2	-$5,316.8						C F Statement		Financial Cash Flow		CDN$
Total Accruals						-$486.8	-$1,014.9	-$495.6	-$856.0	-$198.0	-$114.0	$943.8	$253.7								Accruals		CDN$
Accruals Ratio							-8.24%	-3.15%	-4.66%	-1.00%	-0.57%	4.45%	1.31%					-0.57%	<-Median->	5	Ratio		CDN$
Cash US$						$54.5	$442.6	$21.4	$150.2	$60.6	$102.6	$93.0	$62.5	$137.8							Cash		US$
Cash per Share						$0.30	$2.45	$0.06	$0.40	$0.16	$0.25	$0.23	$0.17	$0.37				$0.23	<-Median->	5	Cash per Share		US$
Percentage of Stock Price							14.57%	0.21%	1.06%	0.55%	0.73%	0.51%	0.39%	0.89%				0.55%	<-Median->	5	% of Stock Price		US$
Cash CDN$						$74.4	$574.8	$27.2	$190.4	$82.1	$135.7	$133.8	$85.6	$192.1							Cash		CDN$
Cash per Share						$0.41	$3.18	$0.08	$0.51	$0.22	$0.33	$0.32	$0.23	$0.52				$0.32	<-Median->	5	Cash per Share		CDN$
Percentage of Stock Price							14.19%	0.21%	1.06%	0.55%	0.73%	0.51%	0.39%	0.89%				0.55%	<-Median->	5	% of Stock Price		CDN$
Notes:
August 8, 2026.  Last estimates were in CDN$ for 2025, 2026, 2027 of $6575M, $7064M, $7805M Revenue, $0.64, $1.11, $1.49 AEPS, $1.42 APCF, $9.03. $0.27, $0.26 EPS,
$0.07, $0.07, $0.08 Dividends, $750M, $948M, $997M FCF, $4.13, $4.68 2025/6 CFPS, $1965M, $2177M, $2464M EBITDA, $18.85, $19.38, $19.68 BVPS, $3744M, $140.5M, -92M Net Income.
August 15, 2025.  Last estimates were for 2024, 2025, 2026 CDN$ of $7932M, $8475M, $9097M  Revenue, $0.94, $1.37, $1.45 AEPS, $1.25, $1.42 2024/5 AOCF, -$1.58, $0.73, $0.57 EPS,
$0.07, $0.07, $0.08 Dividends, $812M, $950M, $1123M FCF, $4.38, $4.96 2024/5 CFPS, $1242M, $2482M, EBITDA, $16.72, $16.82, $17.05 BVPS, -436.9m, $191.4M, $270.9M Net Income.
August 10, 2024.  Last estimates were for 2023, 2024 and 2025 in CDN$ of $7422M, $7809M, $8328M Revenue, $1.12, $1.25 and $1.42 AEPS, $0.09, $0.16, $0.19 EPS,
$0.06, $0.06 $0.07 Dividends, $692, $875, $1013 FCF, $4.00, $4.57 2023/4 CFPS, $18.70, $18.50 $18.30 BVPS, $58.1M, $64.4M, $368M Net Income.
August 7, 2023.  Last estimates were in CDN$ and were for 2022, 2023 and 2024 of $6488M, $7016M and $7457M for Revenue, $0.72, $1.01 and $1.15 for AEPS,
-$.03, -$0.4 and $0.37 for EPS, $0.04, $0.05 and $0.05 probably US$, $616M, $752M and $908M for FCF, $3.32 for 2022 for CFPS, -$24.7M, -$71.7M, $137M for Net Income.
This stock came on TSX in 3 March 2020
Shares
Multiple Voting shares and Suordinated Voting Shares, plus Preferred Shares were introduced in 2020.
Multiple Voting shares have 10 votes per share and Suordinated Voting Shares have 1 vote per share
Both the Multiple Voitng Shares and the Preferred Shares are convertible into Subordinated Voting Shares.
Sector:
Industrial, Services
What should this stock accomplish?
Would I buy this company and Why.
Why am I following this stock.
GFL Environmental (TSX-GFL) is small, pays dividend and was talked about by Amy Legate-Wolfe on
<a href="https://www.fool.ca/2021/10/05/3-hot-stocks-to-watch-in-october/" target="_top" >Motley Fool</a>
Dividends
Dividends are paid quarterly in Cycle 1 of January, April, July and October.   Dividends are generally declared in one month for shareholders of record of the same month and paid in that month.
For example, the dividends declared on January 7, 2021 was for shareholders of record of January 19, 2021 and paid on January 29, 2021
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customers, employees, and community and and thereby earn shareholders a reasonable return.
For customers
For employees
For community
For investors
How they make their money.
GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation,
and liquid waste management services.  The company's geographical segments are Canada and the United States. The company derives the majority of its
revenue from the United States.
Shares; '%, Value $M	Cap Gain	Div.	CDN$			Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M			Shares	%, Val $M			Change
Date	46.13%	0.17%	46.30%			Aug	2021	Aug 17	2022	Aug 7	2023	Aug 10	2024	Aug 15	2025			Aug 8	2026
Dovigi, Patrick Joseph						0.000	0.00%	0.000	0.00%	11.813	2.90%	11.813	2.87%	11.813	3.18%			11.813	3.18%	M		0.00%
CEO - Shares - Amount	Cap Gain	Div.	US$				$0.000		$0.000		$539.971		$756.975		$696.492				$684.561	M
Subordinate Shares	50.10%	0.18%	50.28%			0.000	0.00%	0.000	0.00%	0.000	0.00%	0.688	0.17%	0.276	0.07%			0.466	0.13%			68.81%
Shares - Amount							$0.000		$0.000		$0.000		$44.067		$16.261				$26.979
Options - percentage	Cap Gain	Div.	CDN$			22.143	5.90%	17.262	4.54%	17.262	4.23%	0.000	0.00%	17.262	4.65%			18.531	4.99%			7.35%
Options - amount	20.85%	0.17%	21.02%				$1,059.077		$682.550		$789.058		$0.000		$1,017.783				$1,073.849
Pelosi, Jonathan Luke	Cap Gain	Div.	US$			0.356	0.09%	0.389	0.10%	0.336	0.08%	0.336	0.08%	0.013	0.00%			0.123	0.03%		Cannot find in 2025	845.43%
CFO - Shares - Amount	20.27%	0.18%	20.45%				$17.022		$15.398		$15.344		$21.511		$0.764				$7.102
Options - percentage						2.382	0.64%	2.382	0.63%	2.369	0.58%	2.216	0.54%	0.000	0.00%			0.000	0.00%			#DIV/0!
Options - amount	Cap Gain	Div.	CDN$				$113.944		$94.196		$108.268		$142.012		$0.000				$0.000
	19.52%	0.19%	19.71%
Gilberet, Mindy Beth						0.092	0.02%	0.092	0.02%	0.080	0.02%	0.089	0.02%	0.089	0.02%			0.099	0.03%			11.90%
Officer - Shares - Amount	Cap Gain	Div.	US$				$4.411		$3.646		$3.667		$5.675		$5.222				$5.743
Options - percentage	19.72%	0.19%	19.91%			0.852	0.23%	0.856	0.23%	0.856	0.21%	0.817	0.20%	0.831	0.22%			0.924	0.25%			11.12%
Options - amount							$40.739		$33.856		$39.143		$52.355		$49.023				$53.542
	Cap Gain	Div.	CDN$
Poole, Ven	23.39%	0.17%	23.57%			10.919	2.91%	10.666	2.81%	10.400	2.55%	9.816	2.38%	9.397	2.53%			9.397	2.53%			0.00%
Director - Shares - Amount							$522.256		$421.727		$475.384		$629.035		$554.028				$544.537
Options - percentage	Cap Gain	Div.	US$			0.008	0.00%	0.013	0.00%	0.018	0.00%	0.022	0.01%	0.027	0.01%			0.031	0.01%			15.45%
Options - amount	21.53%	0.18%	21.71%				$0.396		$0.520		$0.833		$1.415		$1.588				$1.802
Nayar, Arun	Cap Gain	Div.	CDN$			0.046	0.01%	0.056	0.01%	0.056	0.01%	0.056	0.01%	0.056	0.02%			0.056	0.02%			0.00%
Director - Shares - Amount	9.70%	0.15%	9.85%				$2.217		$2.228		$2.575		$3.611		$3.322				$3.265
Options - percentage	17.50%	0.19%	17.69%			0.008	0.00%	0.013	0.00%	0.018	0.00%	0.022	0.01%	0.027	0.01%			0.031	0.01%			15.45%
Options - amount							$0.396		$0.520		$0.833		$1.415		$1.588				$1.802
	Cap Gain	Div.	US$
Levy, Sandra	8.42%	0.15%	8.57%															0.000	0.00%			#DIV/0!
Director - Shares - Amount	17.28%	0.19%	17.47%																$0.000
Options - percentage																		0.013	0.00%			#DIV/0!
Options - amount																			$0.781
Chiesa, Dino						0.019	0.01%	0.019	0.00%	0.019	0.00%	0.019	0.00%	0.019	0.01%			0.019	0.01%			0.00%
Independent Lead Director- Shares - Amt							$0.904		$0.747		$0.863		$1.210		$1.114				$1.095
Options - percentage						0.008	0.00%	0.013	0.00%	0.018	0.00%	0.022	0.01%	0.027	0.01%			0.031	0.01%			15.45%
Options - amount							$0.396		$0.520		$0.833		$1.415		$1.588				$1.802
Name
10% Holder - Shares - Amt
Options - percentage
Options - amount
Increase in O/S Shares						0.000	0.00%	1.010	0.27%	1.181	0.31%	2.054	0.50%	0.119	0.03%			2.407	0.65%
Due to Stock Options							$0.000		$38.224		$46.708		$93.878		$7.626				$141.925
Book Value							$0.000		$5.400		$23.100		$0.000		$8.000				$102.900
Insider Buying							-$0.350		-$1.292		-$0.583		$0.000		$0.000				-$0.102
Insider Selling							$40.479		$89.681		$5.207		$88.958		$81.304				$25.468
Net Insider Selling							$40.129		$88.389		$4.624		$88.958		$81.304				$25.366
Net Selling % of Market Cap							0.27%		0.59%		0.02%		0.34%		0.37%				0.12%
Directors								9		9		10		8				12
Women								2	22%	3	33%	3	30%	3	38%			5	42%
Minorities								0	0%	0	0%	0	0%	1	13%			1	8%
Institutions/Holdings								20	50.68%	20	15.51%	20	115.62%					20	51.63%
Total Shares Held								173.474	45.63%	57.257	14.04%	435.310	105.66%					186.322	50.22%
Increase/Decrease 3 Mths								1.608	0.94%	11.825	26.03%	-27.008	-5.84%					12.439	7.15%
Starting No. of Shares								171.867	MS Top 20	45.432	MS Top 20	462.318	MS Top 20					173.883	MS Top 20
Copyright © 2008 Website of SPBrunner. All rights reserved.
My Stock