Q: Hello, Pat. What is your take on investing for the long term in WonderFi Technologies Inc. (WNDR)? Thanks.

A: WonderFi Technologies Inc., $1.08, symbol WNDR on the NEO Exchange (Shares outstanding: 161.5 million; Market cap: $176.5 million; www.wonder.fi), aims to provide consumers better access to digital assets, including cryptocurrencies and non-fungible tokens (NFTs).

The NEO exchange, which is recognized by the Ontario Securities Commission,… Read More

Buy quality assets at a discount

POWER CORP. $38 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 676.6 million; Market cap: $25.7 billion; Dividend yield: 5.2%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses. Its primary investments are controlling… Read More

IGM raises stake in Asian firm

IGM FINANCIAL INC. $41 is a buy. The mutual fund provider (Toronto symbol IGM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 239.7 million; Market cap: $9.8 billion; Dividend yield: 5.5%; Dividend Sustainability Rating: Above Average; www.igmfinancial.com) last raised its quarterly dividend by 4.7% with the January 2015 payment. The… Read More

IGM expands in China

POWER CORP., $41.71, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 621.8 million; Market cap: $28.2 billion; TSINetwork Rating: Above Average; Yield: 4.7%; powercorporation.com) owns 61.8% of IGM Financial (symbol IGM on Toronto). IGM is Canada’s largest independent mutual-fund provider with a total of $270.0 billion in… Read More

Power pays you a special dividend

POWER CORP. $41 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 676.5 million; Market cap: $27.7 billion; Dividend yield: 4.4%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses. Its primary investments are controlling… Read More

IGM has two hidden assets

IGM FINANCIAL INC. $46 is a buy. The mutual fund provider (Toronto symbol IGM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 239.2 million; Market cap: $11.0 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Above Average; www.igmfinancial.com) last raised its quarterly dividend by 4.7% with the January 2015 payment. Investors… Read More