The CFA Institute Research Challenge is an equity research competition among student teams from the world’s top university business and finance programs. Students write an equity research report on a publicly traded company, and present their findings to an expert panel. Teams that take first place at the local level competition advance to the regional competition. The top teams from each of the regional competitions advance to the global competition where one team will be crowned champions.

This year’s CFA Society Toronto and CFA Society Ottawa  Research Challenge local competition winners were from  the University of Waterloo’s School of Accounting and Finance. Katherine Chan, Hammad Shams, Uday Sandhu, Justin Lee, and Kevin Li delivered a comprehensive presentation, on this year’s Subject Company SNC-Lavalin, with confidence and clarity that stole the judges’ attention.