bce

BCE Inc., an abbreviation of its former name Bell Canada Enterprises Inc., is a publicly traded Canadian holding company for Bell Canada, which includes telecommunications providers and various mass media assets under its subsidiary Bell Media Inc. Founded through a corporate reorganization in 1983, when Bell Canada, Northern Telecom, and other related companies all became subsidiaries of Bell Canada Enterprises Inc., it is one of Canada’s largest corporations. The company is headquartered at 1 Carrefour Alexander-Graham-Bell in the Verdun borough of Montreal, Quebec, Canada.

BCE Inc. is a component of the S&P/TSX 60 and is listed on the Toronto Stock Exchange and the American-based New York Stock Exchange.

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Due to slowing revenues at its landline and media operations, BCE is now cutting 9% of its workforce. It’s also selling 45 of its 103 radio stations. These moves should cut its costs by $150 million to $200 million in 2024. The annual savings should rise to $250 million starting in 2025.


Meantime, the company should continue to benefit from strong demand for mobile phone service due to the launch of new smartphones and the expansion of its ultrafast 5G wireless networks....
BCE offers a strong 7.9% yield even as it trims capital spending to improve cash flow
BCE INC., $50.83, Toronto symbol BCE, is still a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.02 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.47 million high-speed Internet users and 2.73 million TV subscribers (satellite and fibre-optic)....
BCE INC., $50.52, Toronto symbol BCE, is your #1 Income Buy for 2024.

The company is Canada’s largest traditional telephone service provider. It has 2.02 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....
BCE offers a strong 7.2% yield even as it trims capital spending to improve cash flow
CANADIAN PACIFIC KANSAS CITY LTD., $103.81, Toronto symbol CP, is your #1 Conservative Buy for 2024.

This is the sixth year in a row we’ve picked CP as our #1 Conservative stock. In that time, the stock has jumped 106.8%.

We feel the stock will continue to rise over the next few years as the company realizes more of the benefits from its April 2023 acquisition of U.S.-based railway Kansas City Southern.

CP paid $31 billion U.S....

In a search for your top 2024 buys, we’ve once again selected three stocks (one each from the Conservative, Aggressive and Income Portfolios).


We feel all three are poised to deliver big gains for our readers, not only this year but for many years to come....
BCE offers a strong 7.1% yield even as it trims capital spending to improve cash flow
ALTAGAS LTD., $27.08, Toronto symbol ALA, is a buy.

The company processes, transports, stores and markets natural gas for producers. It also operates natural gas utilities and is a power generator, with gas-fired, coal-fired, wind, biomass and hydroelectric plants.

Almost all of AltaGas’ assets are now in the U.S....
TELUS CORP., $25.06, Toronto symbol T, is your #1 Income Buy for 2023.

The company had 12.87 million wireless subscribers as of September 30, 2023. It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

Telus recently acquired additional wireless spectrum (or radio frequencies) from the federal government....