2026 Sohn Montreal: Bastion’s Charles Haggar on the Cheapest Way to Own Canada’s LNG Boom And Why It Could 5x

Charles Haggar had a simple reason for the idea he brought to the 2026 Sohn Montreal Investment Conference. “Since Sohn is in Canada today, I thought I would present a Canadian idea,” said the founding partner and chief investment officer of Bastion Asset Management, the Montreal firm he started about four and a half years ago.

The idea sits on top of a theme Bastion identified roughly eighteen months ago: a coming wave of fixed-asset investment in Canada. Haggar’s argument is that after a decade of stagnant output per person, doubling debt, and hostility toward its own resource industry, the country is finally pivoting back to building. Defense budgets are rising, infrastructure is being fast-tracked, and liquefied natural gas is moving from talk to construction. His pick is an unglamorous company that sells a critical input to natural-gas drilling, and he thinks it can be worth more than five times today’s share price by the end of the decade.

Bastion runs concentrated portfolios of small and mid-cap stocks chosen through bottom-up fundamental research, serving institutional and high-net-worth clients. The firm has $325 million in U.S, securities listed in its recent 13F, meaning total AUM is likely higher. As founding partner and CIO, Haggar leads its research-driven stock selection and risk management. He is a graduate of Concordia’s John Molson School of Business, holds an accounting degree from McGill, and is both a chartered accountant and a CFA charterholder.