Ryan Bushell’s Bullseye: Targeting Wealth with Pipes, Power, and Buses
Bushell’s Blueprint for Wealth: Betting on Dividends and Hard Assets in a Shifting Market
Editorial Team (ET)October 23, 2025
In a world obsessed with AI hype and crypto spikes, Ryan Bushell, CEO and portfolio manager at Newhaven Asset Management, is playing a different game. Appearing on BNN Bloomberg’s Market Call on May 6, 2025, Bushell dropped a masterclass in disciplined investing, unveiling three Canadian dividend powerhouses—Brookfield Infrastructure Partners, Arc Resources, and NFI Group. With a witty nod to market noise and a laser focus on fundamentals, he’s betting big on tangible assets in a market ripe for rotation. Buckle up, because Bushell’s vision is as bold as it is grounded.
The Macro Pulse: Reading the Market’s Underbelly
Bushell doesn’t chase headlines—he dissects them. While tech earnings and easing trade war fears have fueled a recent equity bounce, he’s skeptical. “It’s still choppy,” he warned, citing real-time transportation data signaling economic softening. The rally, he argues, may be more technical than fundamental. But Bushell’s not just reading tea leaves; he’s mapping a tectonic shift in global markets.
The U.S., long the kingpin of finance and trade, is losing its grip. In its place, tangible assets—energy, infrastructure, resources—are stealing the spotlight. This isn’t a fleeting trend but a structural pivot that could redefine wealth creation for the next decade. Bushell’s strategy? Stay patient, stack dividends, and pounce when valuations align. Railways and consumer discretionary names are on his radar, but for now, he’s all-in on three Canadian gems that scream value and resilience.
Top Pick #1: Brookfield Infrastructure Partners (BIP.UN)
If you’ve got TFSA or RRSP room, Brookfield Infrastructure Partners is your golden ticket. Sporting a juicy 5.75% distribution yield, it’s a dividend lover’s dream. Bushell favors the partnership units over the common shares, which trade at a lofty 25% premium. Why the love? Brookfield’s management is a masterclass in capital recycling, front-loading asset sales to fuel a $5-6 billion acquisition and divestiture program.
This isn’t just financial wizardry—it’s a confidence builder. With a global footprint spanning utilities, transport, and data centers, Brookfield is built to thrive in a world craving infrastructure. Bushell calls their team “best-in-class,” and it’s hard to argue when the yield, execution, and macro tailwinds align so perfectly. For income seekers, this is a portfolio cornerstone that pays you to wait.
Top Pick #2: Arc Resources (ARX)
Arc Resources might sound like a contrarian call in a decarbonizing world, but Bushell’s playing chess while others play checkers. This energy play hinges on condensate, the unsung hero of Canadian heavy oil transport. With new oil export capacity slated for the 2030s, Arc is primed for a breakout. Add in the natural gas renaissance—LNG Canada launches this year, with more projects on deck—and Arc’s poised to ride rising prices and volumes.
Even if crude prices wobble, Arc’s asset base is tough as nails. Bushell’s advice? Grab shares below $25, and in a few years, you’ll be toasting your foresight. This isn’t a quick flip; it’s a multi-year bet on Canada’s energy edge.
Top Pick #3: NFI Group (NFI)
NFI Group is Bushell’s comeback kid, and he’s got the scars to prove it. After years of supply chain woes and tariff threats, this bus manufacturer is turning the corner. Supply chains are stabilizing, tariffs are fading, and NFI’s backlog is bursting with orders. The competition? Thinned out. Bushell’s been loading up since shares dipped below $12, and he’s betting 2025-26 will deliver the payoff.
In a world rethinking public transit and green fleets, NFI’s industrial grit could make it a surprise winner. For contrarian investors, this is the underdog to watch.
The Big Picture: Dividends, Durability, and a Dash of Swagger
Bushell’s picks aren’t just stocks—they’re a manifesto. In a market rattled by geopolitics, supply chain snarls, and inflation’s ghost, companies with hard assets and steady cash flows are back in vogue. Brookfield brings global infrastructure muscle. Arc rides the energy wave. NFI grinds out industrial wins. Together, they’re a trifecta of value in a world rediscovering reality.
While tech bros chase the next shiny object, Bushell’s stacking dividends and watching macro signals like a hawk. His thesis is simple: what’s been ignored is now essential. Energy’s relevant. Infrastructure’s sexy. Dividends are king. And for investors with the guts to play the long game, the rewards could be massive.
Why It Matters Now
Bushell’s not here for the TikTok trades or Reddit rallies—he’s building wealth the old-school way, with a modern twist. His Market Call appearance wasn’t just a stock pitch; it was a wake-up call. The market’s rotating, and tangible assets are taking center stage. Brookfield, Arc, and NFI aren’t sexy enough for the meme crowd, but they’re cheap, durable, and backed by trends that’ll outlast the hype.
So, take a page from Bushell’s playbook: stay patient, trust the fundamentals, and let the dividends roll. In a world that’s anything but stable, that’s a strategy worth betting on.
Want more investing insights? Follow Ryan Bushell’s moves on BNN Bloomberg or check out Newhaven Asset Management’s latest updates. Ready to dive into Canadian dividend stocks? Talk to your advisor and see if Brookfield, Arc, or NFI fit your portfolio.
