Middlefield International CEO sees better value in Canadian equities vs US market

Middlefield International President and CEO Dean Orrico talked with Proactive's Stephen Gunnion about the outlook for the Middlefield Canadian Enhanced Income UCITS ETF as 2026 approaches. The ETF is weighted towards Canadian equities with a focus on energy, financials, and real estate — sectors Orrico believes offer discounted valuations and strong earnings potential. Orrico explained that Canadian stocks trade at a significant discount to the S&P 500, while still delivering consistent earnings and dividend growth. “Our portfolio, including those four sectors, has generated average dividend growth of about 7 to 8%,” he said, and expects this trend to continue into 2026. On energy, Orrico highlighted recent federal policy shifts supporting Canadian energy infrastructure, including a new pipeline and LNG facility, as well as investment in carbon capture technologies. These initiatives, he said, aim to position Canada as an “energy superpower.” He also underscored the strength and stability of Canadian banks, noting they haven’t cut dividends since World War II. Real estate, particularly open-air retail, seniors housing, and industrial assets, was also highlighted as offering solid fundamentals due to constrained supply and strong population-driven demand. Visit Proactive’s YouTube channel for more videos, and don’t forget to give the video a like, subscribe to the channel and enable notifications for future content. #CanadianMarkets #DividendETF #MiddlefieldInternational #IncomeInvesting #EnergyInvesting #CanadianBanks #REITs #UCITS #DeanOrrico #2026MarketOutlook