canadian
In our view, the recent bankruptcy of cryptocurrency exchange operator FTX Trading highlights the dangers of investing in potentially disruptive fintech (the combination of financial services and technology services). We prefer these three well-established fintechs, which have innovative products and a long history of rising revenue and earnings.
BROADRIDGE FINANCIAL SOLUTIONS INC....
Canada’s Big Five banks maintained their regular dividend payments during two of the biggest financial shocks in the past 20 years—the 2008-2009 financial crisis, and the COVID-19 pandemic. Even though the global economy may slow in 2023, we expect these two banks will continue to raise their dividends this year and beyond.
BANK OF MONTREAL $133 is a buy. The bank (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 677.1 million; Market cap: $90.1 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Highest; www.bmo.com) will raise its quarterly dividend for shareholders with the February 2023 payment....
For 2023, we’ve selected Canadian Tire, Procter & Gamble and Choice Properties REIT as our top three picks for dividend investors.
All three are in a strong position to maintain or increase their dividends, even if the economy slows this year....
All three are in a strong position to maintain or increase their dividends, even if the economy slows this year....
CANADIAN UTILITIES LTD. (class A non-voting) is a buy.
The company (Toronto symbols CU [class A non-voting] $37.96 and CU.X [class B voting] $38.10) distributes electricity and natural gas in Alberta and Australia. It also owns or invests in 7 non-regulated power plants—1 in Canada, 2 in Mexico, 3 in Australia and 1 in Chile....
The company (Toronto symbols CU [class A non-voting] $37.96 and CU.X [class B voting] $38.10) distributes electricity and natural gas in Alberta and Australia. It also owns or invests in 7 non-regulated power plants—1 in Canada, 2 in Mexico, 3 in Australia and 1 in Chile....
The safest investments in Canada, are Canadian funds like ETFs or mutual funds that aim to equal the performance of a Canadian market index.
Canada legalized cannabis four years ago. While demand has been steady, stiff competition has cut selling prices significantly. Meanwhile, advertising restrictions and plain packaging rules make it hard to build brands that win customer loyalty. Still, we think some companies have a distinct edge—including their prospects for added sales in the U.S....
For 2023, we have singled out three growth stocks that we think offer you exceptional prospects in the year ahead. What’s more, each of the three is a market leader, which cuts your risk if the economic outlook weakens.
INTACT FINANCIAL, $198.96, is a #1 Power Buy for 2023. The insurer (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (www.intactfc.com; Shares outstanding: 175.3 million; Market cap: $34.8 billion; Dividend yield: 2.0%) provides investors exposure to Canada’s largest property and casualty insurer....
INTACT FINANCIAL, $198.96, is a #1 Power Buy for 2023. The insurer (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (www.intactfc.com; Shares outstanding: 175.3 million; Market cap: $34.8 billion; Dividend yield: 2.0%) provides investors exposure to Canada’s largest property and casualty insurer....
A: Hamilton Enhanced Canadian Bank ETF, $21.63, symbol HCAL on Toronto, (Units outstanding: 18.7 million; Market cap: $404.5 million; hamiltonetfs.com) aims to track the Solactive Canadian Bank Mean Reversion Index.
This index invests in the biggest six Canadian banks—Bank of Nova Scotia, Bank of Montreal, CIBC, Royal Bank, TD and National Bank....
This index invests in the biggest six Canadian banks—Bank of Nova Scotia, Bank of Montreal, CIBC, Royal Bank, TD and National Bank....
CANADIAN PACIFIC RAILWAY LTD., $105.96, Toronto symbol CP, is your #1 Conservative Buy for 2023.
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
This is the fifth year in a row we’ve picked CP as our #1 Conservative stock....
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
This is the fifth year in a row we’ve picked CP as our #1 Conservative stock....
This month we highlight a long-short ETF from alternative fund manager Arrow Capital, plus a high-risk ETF from BMO/ARK Investments.
The objective of the ARROW CANADIAN ADVANTAGE ALTERNATIVE ETF $20.26 (Toronto symbol ACAA) is to achieve strong capital appreciation through investment in both short and long positions of primarily Canadian equities.
The ETF launched in November 2022 and its MER is 0.65% plus a 20% performance fee for returns over 6% per year.
The fund’s long positions included TransAlta, Altagas, Freehold Royalties, and Spin Master....
The objective of the ARROW CANADIAN ADVANTAGE ALTERNATIVE ETF $20.26 (Toronto symbol ACAA) is to achieve strong capital appreciation through investment in both short and long positions of primarily Canadian equities.
The ETF launched in November 2022 and its MER is 0.65% plus a 20% performance fee for returns over 6% per year.
The fund’s long positions included TransAlta, Altagas, Freehold Royalties, and Spin Master....