Money manager Alex Etsell isn’t just being patriotic when he chooses to invest in Canadian small-cap stocks.

The partner and senior portfolio manager at Toronto-based Hillsdale Investment Management Inc. believes the sector remains attractive even after last year’s strong results. The S&P/TSX SmallCap Index had a total return of 50.2 per cent in 2025, driven by precious metals stocks.

“[Gold] is still a nice space to invest [in], but there are lots of other names to choose from in the diverse small-cap space,” Mr. Etsell says, pointing to..

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