acquisition

OVINTIV INC. $22.39, is a buy for the Resources sector of your portfolio. The energy producer (Toronto symbol OVV; Shares outstanding: 259.8 million; Market cap: $27.5 billion; TSINetwork Rating: Average; Dividend yield: 2.2%) is the former Encana Corp.


Shareholders and regulators recently approved Encana’s plan to become a U.S.-based firm and change its name to Ovintiv Inc.


Effective January 27, 2020, the company consolidated its shares: investors received one share of Ovintiv for every five Encana shares they held.


The new shares now trade on both the Toronto and New York exchanges under the “OVV” symbol.


The move to the U.S....

CRESCENT POINT ENERGY $4.49, is a buy for aggressive investors. The oil and gas producer (Toronto symbol CPG; Shares outstanding: 547.2 million; Market cap: $2.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 0.9%; www.crescentpointenergy.com) has now completed the sale of some natural gas infrastructure assets in Saskatchewan....

LOBLAW COMPANIES $69.82, is a buy. Through this stock (Toronto symbol L; Shares o/s: 366.1 million; Market cap: $25.1 billion; TSINetwork Rating: Above Average; Divd. yield: 1.8%; www.loblaw.ca) investors tap a chain of 1,087 supermarkets and 1,341 Shoppers Drug Mart pharmacies across Canada.






And now, investors will also gain from the company’s latest move to thrive in an intensely competitive industry marked by slim profit margins....

CP Rail and IBM both just released 2019 fourth-quarter earnings—and both topped consensus analyst estimates. These better-than-expected performances bode well for the share prices of both stocks, and for their investors.


For CP, it’s a continuation of its upward trajectory, and the shares keep hitting new all-time highs....

RIOCAN REAL ESTATE INVESTMENT TRUST $27.07, is a buy. The REIT (Toronto symbol REI.UN; Units outstanding: 303.8 million; Market cap: $8.6 billion; TSINetwork Rating: Average; Dividend yield: 5.3%; www.riocan.com) continues expand under the RioCan Living brand it formed to build and market residential apartments and condominiums.


RioCan recently completed two residential projects and is working on eight more....

SPDR S&P CHINA ETF $100.79 (New York Exchange symbol GXC; buy or sell through brokers; www.spdrs.com) tracks the S&P China BMI Index. This includes all publicly traded Chinese stocks available to foreign investors.


Right now, the SPDR S&P China ETF holds 372 stocks....

ENBRIDGE INC. $55.58, is a buy. The company (Toronto symbol ENB; Shares outstanding: 2.0 billion; Market cap: $112.5 billion; TSINetwork Rating: Above Average; Dividend yield: 5.8%; www.enbridge.com) still wants to change the way it charges oil producers for space on its Mainline pipeline system....

IMPERIAL OIL LTD. $31.75, is a buy for safety-conscious investors. The stock (Toronto symbol IMO; Shares outstanding: 764.2 million; Market cap: $23.6 billion; TSINetwork Rating: Average; Dividend yield: 2.8%; www.imperialoil.ca) lets you tap Canada’s third-largest publicly traded oil producer, after Suncor (No....

Welcome to this special issue of Canadian Wealth Advisor! In addition to your three 2020 #1 picks, this issue highlights several high-quality stocks and some top international ETFs—all with the power to lift your returns this year.


But first, let’s take a look at how last year’s #1 picks performed for our subscribers: TC Energy is up 28.3% (while yielding 5.0%); RioCan REIT, up 7.9% (5.7%); and SPDR S&P 500 ETF, up 24.3% (with a 2.2% yield)....

We’ve selected your top picks for 2020—one stock, one REIT and one ETF. Each offers investors an attractive combination of growth prospects and at a reasonable price. To accelerate its growth, Telus continues to diversify its revenue stream, which also cuts risk for its investors....