Validea Canada: Ratings Changes - Guru Upgrades and Downgrades

Ticker	Company	Strategy	Guru Based On	Date of Change	Old	New
TOU	Tourmaline Oil Corp	Contrarian Investor	David Dreman	9/24/2019	Some Interest	No Interest
CRT.UN	CT Real Estate Investment Trust	Contrarian Investor	David Dreman	9/13/2019	No Interest	Some Interest
WCP	Whitecap Resources Inc	Contrarian Investor	David Dreman	9/10/2019	No Interest	Some Interest
MX	Methanex Corporation	Contrarian Investor	David Dreman	9/6/2019	Some Interest	No Interest
FM	First Quantum Minerals Limited	Contrarian Investor	David Dreman	9/5/2019	Some Interest	No Interest
PEY	Peyto Exploration & Development Corp	Contrarian Investor	David Dreman	8/27/2019	Some Interest	Strong Interest
FM	First Quantum Minerals Limited	Contrarian Investor	David Dreman	8/16/2019	No Interest	Some Interest
ERF	Enerplus Corp	Contrarian Investor	David Dreman	8/13/2019	No Interest	Some Interest
NWH.UN	NorthWest Health Prop Real Est Inv Trust	Contrarian Investor	David Dreman	8/13/2019	No Interest	Some Interest
DRG.UN	Dream Global REIT	Contrarian Investor	David Dreman	8/13/2019	No Interest	Some Interest
NVU.UN	Northview Apartment REIT	Contrarian Investor	David Dreman	8/13/2019	No Interest	Some Interest
CIX	CI Financial Corp	Contrarian Investor	David Dreman	8/10/2019	Strong Interest	No Interest
KEL	Kelt Exploration Ltd	Contrarian Investor	David Dreman	8/9/2019	No Interest	Some Interest
ECA	Encana Corp	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
MX	Methanex Corporation	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
ARX	ARC Resources Ltd	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
TOU	Tourmaline Oil Corp	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
VII	Seven Generations Energy Ltd	Contrarian Investor	David Dreman	8/6/2019	No Interest	Some Interest
CNQ	Canadian Natural Resources Ltd	Contrarian Investor	David Dreman	8/3/2019	No Interest	Some Interest
TOG	TORC Oil and Gas Ltd	Contrarian Investor	David Dreman	8/2/2019	Some Interest	No Interest
MIC	Genworth MI Canada Inc	Contrarian Investor	David Dreman	8/1/2019	Some Interest	No Interest
LNR	Linamar Corporation	Contrarian Investor	David Dreman	7/23/2019	Strong Interest	Some Interest
PDL	North American Palladium Ltd.	Contrarian Investor	David Dreman	7/11/2019	Some Interest	No Interest
ELD	Eldorado Gold Corp	Contrarian Investor	David Dreman	7/2/2019	Some Interest	No Interest
CJR.B	Corus Entertainment Inc.	Contrarian Investor	David Dreman	7/2/2019	No Interest	Strong Interest
MIC	Genworth MI Canada Inc	Contrarian Investor	David Dreman	7/2/2019	No Interest	Some Interest
PDL	North American Palladium Ltd.	Contrarian Investor	David Dreman	6/28/2019	Some Interest	No Interest
WEED	Canopy Growth Corp	Contrarian Investor	David Dreman	6/20/2019	No Interest	Some Interest
ELD	Eldorado Gold Corp	Contrarian Investor	David Dreman	6/11/2019	No Interest	Some Interest
LNR	Linamar Corporation	Contrarian Investor	David Dreman	6/11/2019	No Interest	Strong Interest
CIX	CI Financial Corp	Contrarian Investor	David Dreman	6/11/2019	No Interest	Strong Interest
ONEX	ONEX Corporation	Contrarian Investor	David Dreman	6/11/2019	No Interest	Some Interest
JE.DB.B	Just Energy Group Inc	Contrarian Investor	David Dreman	6/11/2019	Some Interest	No Interest
ERF	Enerplus Corp	Contrarian Investor	David Dreman	6/11/2019	Some Interest	No Interest
ARX	ARC Resources Ltd	Contrarian Investor	David Dreman	6/11/2019	Some Interest	No Interest
PEY	Peyto Exploration & Development Corp	Contrarian Investor	David Dreman	6/11/2019	No Interest	Some Interest
TOG	TORC Oil and Gas Ltd	Contrarian Investor	David Dreman	6/11/2019	No Interest	Some Interest
VII	Seven Generations Energy Ltd	Contrarian Investor	David Dreman	6/11/2019	Some Interest	No Interest
FM	First Quantum Minerals Limited	Contrarian Investor	David Dreman	6/5/2019	Some Interest	No Interest
BIR	Birchcliff Energy Ltd.	Contrarian Investor	David Dreman	5/30/2019	Some Interest	No Interest
FM	First Quantum Minerals Limited	Contrarian Investor	David Dreman	5/23/2019	No Interest	Some Interest
ERF	Enerplus Corp	Contrarian Investor	David Dreman	5/21/2019	No Interest	Some Interest
CRT.UN	CT Real Estate Investment Trust	Contrarian Investor	David Dreman	5/21/2019	Some Interest	No Interest
VII	Seven Generations Energy Ltd	Contrarian Investor	David Dreman	5/21/2019	No Interest	Some Interest
PDL	North American Palladium Ltd.	Contrarian Investor	David Dreman	5/21/2019	No Interest	Some Interest
BIR	Birchcliff Energy Ltd.	Contrarian Investor	David Dreman	5/17/2019	Some Interest	No Interest
CJR.B	Corus Entertainment Inc.	Contrarian Investor	David Dreman	5/16/2019	No Interest	Some Interest
ARX	ARC Resources Ltd	Contrarian Investor	David Dreman	4/25/2019	No Interest	Some Interest
CJR.B	Corus Entertainment Inc.	Contrarian Investor	David Dreman	4/12/2019	Some Interest	No Interest
BIR	Birchcliff Energy Ltd.	Contrarian Investor	David Dreman	4/11/2019	Some Interest	No Interest