Petro-Canada – former Toronto symbol PCA

Petro-Canada – former Toronto symbol PCA

Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.
PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.

Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor… Read More

Earnings just rose 6.2% at Cintas Corp.

Earnings just rose 6.2% at Cintas Corp.

We first recommended this firm in the October 2005 issue of Wall Street Stock Forecaster as a buy for aggressive investors. We felt the company’s dominance in the niche uniform rentals business gave it reliable revenues and cash flows. Its ability to sell other products… Read More

Enjoy a 5.2% yield from Andrew Peller Ltd.

Enjoy a 5.2% yield from Andrew Peller Ltd.

Improved selling prices and re-opening restaurants led to a 5.7% jump in revenue for this company during the most-recent quarter. A cost-cutting program should also help lift earnings again.

Meanwhile, the stock trades at just 7.6 times the company’s 2023 earnings forecast.

ANDREW PELLER LTD. (Toronto symbol… Read More

Canadian blue chips dominate these two Canadian ETFs

Canadian blue chips dominate these two Canadian ETFs

These two Canadian ETFs track Canada’s best-established indexes and provide low-fee exposure to widely traded blue chip stocks.
When you invest in ETFs, simpler is generally better. And each of these two Canadian ETFs provides a straightforward approach to investing in a selection of Canada’s top… Read More

IMG Financial Inc. yields 6.1%

IMG Financial Inc. yields 6.1%

As a seller of mutual funds and wealth management services, this firm’s fee income rises and falls with the value of the securities it manages.

Due to the drop in stock values, the shares are down 19% since the start of 2022. However, the current… Read More