canadian

ORACLE CORPORATION, $63.29, symbol ORCL on Nasdaq, is one of the world’s largest software providers. It started in database software but has since branched out to enterprise resource planning, human capital management, customer relationship management, and more....

ALGONQUIN POWER & UTILITIES CORP., $14.74, Toronto symbol AQN, is a top pick for 2022.

The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile, and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.

Algonquin last raised your quarterly dividend with the July 2022 payment....

SUNCOR ENERGY INC., $45.04, Toronto symbol SU, remains a buy.

The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.

Suncor has agreed to sell its renewable power projects in Alberta and Ontario to Canadian Utilities (see below).

The company will receive $730 million for these assets when it completes the sale in the first quarter of 2023....

The major Canadian and U.S. stock markets, while still subject to volatility, have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time for new buying....

The market plunge at the start of the COVID-19 crisis hurt the unit price of most REITs. That’s because the pandemic forced many businesses—among them REIT tenants—to temporarily close. However, as the pandemic wanes, the economy is recovering. That lets the following two REITs maintain, or even raise, their high distributions.


ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $27.84, is a buy. The REIT (Toronto symbol AP.UN; Units o/s: 128.0 million; Market cap: $3.6 billion; TSINetwork Rating: Extra Risk; Divd....

A: iShares Core MSCI Canadian Quality Dividend Index ETF, $23.46, symbol XDIV on Toronto (Units outstanding: 30.4 million; Market cap: $713.2 million; www.blackrock.com/ca), tracks the MSCI Canada High Dividend Yield 10% Security Capped Index.

This index aims to invest in Canadian stocks with above-average dividend yields and steady or increasing dividends....

Investing in gold: gold shares, gold bullion and gold in your RRSP—which is best?

W.W. GRAINGER INC., $489.19, symbol GWW on New York, is a leading wide product line distributor with operations primarily in North America, Japan and the U.K. Grainger serves more than 4.5 million customers worldwide offering more than 2 million maintenance, repair and operating (MRO) products in its High-Touch Solutions lines and more than 30 million products through its expanding Endless Assortment lines.

Products offered include safety and security supplies, cleaning and maintenance equipment, material handling equipment, and lighting and electrical supplies....

EMERA INC., $55.89, Toronto symbol EMA, is a buy.

The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S....

Pembina Pipeline recently put its natural gas-processing facilities in Western Canada into a new joint venture with private equity firm KKR. It will use cash it received through the deal to pay down debt and buy back shares. That should push up the stock. At the same time, investors should also look forward to higher dividend payments.


PEMBINA PIPELINE CORP....