Why Are These 3 S&P/TSX 60 Stocks Worth Following?

4 min read | July 10, 2026 07:42 AM EDT | By Anmol Khazanchi

Highlights

  • Energy and financial companies continue expanding operations across domestic and international markets.
  • Oil production, insurance, and wealth management remain core business activities.
  • Technology adoption and operational development support evolving business models.

The S&P/TSX 60 includes many of Canada's largest publicly listed companies across the energy and financial sector. Canadian Natural Resources, Manulife Financial, and IGM Financial represent established businesses operating in oil and gas production, insurance, wealth management, and asset management. Although each company serves different industries, ongoing operational development, technology integration, and geographic diversification continue shaping their business activities. These companies are commonly associated with Energy Stocks and Financial Stocks.

Canadian Natural Resources Expands Energy Operations

Canadian Natural Resources (TSX:CNQ) is one of Canada's largest oil and natural gas producers, with operations extending across Western Canada, the North Sea, and offshore Africa. The company's portfolio includes conventional crude oil, oil sands mining, synthetic crude oil, natural gas, natural gas liquids, and related infrastructure.

Its operations include oil sands mining and upgrading facilities, conventional production assets, natural gas developments, midstream infrastructure, and cogeneration facilities that support energy production. Processing facilities, pipelines, and transportation infrastructure contribute to integrated operations across multiple producing regions.

Development programs continue across producing assets while maintaining exploration, drilling, facility upgrades, environmental management, and production optimisation activities.

Manulife Financial's Global Operations

The S&P/TSX 60 includes several major financial institutions operating internationally. Manulife Financial (TSX:MFC) provides life insurance, health insurance, retirement solutions, wealth management, asset management, banking products, and investment-related services across Canada, the United States, and Asia.

Operations are organised through multiple business segments, including Global Wealth and Asset Management, Canadian operations, Asian markets, and the United States. The company serves both individual and institutional clients through diversified financial products and advisory services.

Digital technologies, artificial intelligence applications, customer platforms, and process automation continue supporting operational efficiency across insurance and wealth management businesses.

IGM Financial Focuses on Wealth Management

IGM Financial (TSX:IGM) operates primarily within Canada's wealth management and asset management industry. Through brands including IG Wealth Management and Mackenzie Investments, the company provides financial planning, investment management, mutual funds, exchange-traded funds, retirement planning, insurance services, and related financial products.

The company manages assets for households, institutions, and financial advisers throughout Canada. Asset management activities include portfolio administration, investment product development, retirement planning solutions, and client servicing supported by digital platforms.

Technology investments continue supporting operational improvements, client engagement systems, and administrative processes throughout the organisation.

Distinct Industry Profiles

Although all three companies are listed on the Toronto Stock Exchange, their operational focus differs significantly.

Canadian Natural Resources (TSX:CNQ) concentrates on energy production, exploration, oil sands operations, and natural gas development.

Manulife Financial (TSX:MFC) provides insurance, retirement services, wealth management, and financial products across international markets.

Meanwhile, IGM Financial (TSX:IGM) specialises in Canadian wealth management and asset management through investment products and advisory services.

Together, these business models illustrate the diversity of industries represented within Canada's largest listed companies.

Technology Across Business Operations

The S&P/TSX 60 includes companies increasingly integrating digital technologies into daily operations.

Within financial services, Manulife Financial continues expanding digital customer platforms, automation systems, and artificial intelligence capabilities supporting customer service, underwriting processes, and operational workflows.

IGM Financial similarly continues developing digital wealth management platforms, technology infrastructure, client relationship tools, and administrative systems supporting advisers and investment management operations.

Energy producers also continue adopting advanced technologies across drilling, production monitoring, equipment maintenance, environmental management, and operational efficiency programs throughout producing assets.

Geographic Presence

The three companies maintain broad geographic operations across several international markets.

Canadian Natural Resources maintains producing assets across Canada, the United Kingdom sector of the North Sea, and offshore Africa.

Manulife Financial serves customers throughout Canada, the United States, and numerous Asian markets through diversified insurance and wealth management operations.

IGM Financial primarily serves Canadian households and institutions while maintaining investments connected to selected international financial businesses and asset management activities.

This geographic diversification reflects the international reach of several Canadian-listed corporations.

Sector Context

Canada's energy sector continues supporting crude oil, natural gas, oil sands, and related infrastructure development across domestic and international operations.

Financial institutions continue expanding insurance services, retirement planning, digital banking technologies, wealth management platforms, and asset management capabilities to address evolving customer requirements.

The S&P/TSX 60 provides a benchmark for Canada's largest publicly traded companies, including Canadian Natural Resources, Manulife Financial, and IGM Financial, each contributing to different sectors through energy production, insurance, wealth management, digital transformation, and international business operations.

Frequently Asked Questions

  • Which industries do these three companies represent?
    Canadian Natural Resources operates in energy, while Manulife Financial and IGM Financial operate in financial services.
  • Where does Canadian Natural Resources operate?
    The company operates across Western Canada, the North Sea, and offshore Africa.
  • What are IGM Financial's primary business activities?
    IGM Financial provides wealth management, asset management, investment products, and financial planning services.

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