# Follow the Money: How to Profit From the Government Spending Boom

Page: https://stenobird.com/podcast/in-the-money-with-amber-kanwar-7168627/follow-the-money-how-to-profit-from-the-government-spending-boom
Text version: https://stenobird.com/podcast/in-the-money-with-amber-kanwar-7168627/follow-the-money-how-to-profit-from-the-government-spending-boom.md
Podcast: [In the Money with Amber Kanwar](https://stenobird.com/podcast/in-the-money-with-amber-kanwar-7168627)
Published: 2026-07-07T10:00:00+00:00
Episode link: https://share.transistor.fm/s/19304d8a
Audio file: https://media.transistor.fm/19304d8a/e8b1916d.mp3
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JSON: https://stenobird.com/v1/public/podcasts/in-the-money-with-amber-kanwar-7168627/episodes/follow-the-money-how-to-profit-from-the-government-spending-boom
Duration seconds: 3898

## Resource

Global government spending is reshaping the investing landscape—but are you following where the money is actually going? While everyone is focused on AI, Bryden Teich, Chief Investment Officer at Avenue Investment Management, argues the biggest market story is the massive fiscal spending boom unfolding across Canada, the U.S., and around the world. He explains why industrials, financials, energy infrastructure, and other resilient businesses stand to benefit, why he's still bullish on Canada despite recent economic challenges, why he's underweight big tech, why he trimmed gold after its surge, and how he builds a portfolio designed to perform through changing market cycles. In the mailbag, Bryden answers viewer questions on Canadian banks, including why National Bank (NA) and Royal Bank (RY) remain his favourites, whether it's time to buy beaten-down software names like Thomson Reuters (TRI), Accenture (ACN), and Intuit (INTU) after the AI selloff, opportunities in healthcare through Boston Scientific (BSX), GE HealthCare (GEHC), and Medpace (MEDP), plus his outlook on Canadian Natural Resources (CNQ), South Bow (SOBO), Enbridge (ENB), WSP Global (WSP), and Stantec (STN), and what investors should watch before jumping into energy infrastructure projects. In Pro Picks, Bryden shares three high-conviction ideas built around resilient, cash-generating businesses: AutoZone (AZO), Medpace (MEDP), and Bath & Body Works (BBWI). He explains why these companies can thrive even if economic growth slows, how strong capital allocation creates shareholder value, and why consistency—not chasing the hottest trend—is the key to compounding wealth over time. Timestamps 00:00 Trailer 02:00 Intro 02:40 Better days ahead for the Great White North 04:40 What does a Canada strong portfo…

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