canadian

BANK OF NOVA SCOTIA, $74.80, Toronto symbol BNS, remains a buy.

The stock dropped 5% this week after it reported weaker-than-expected quarterly results.

In its fiscal 2022 third quarter, ended July 31, 2022, Bank of Nova Scotia set aside $412 million to cover future loan losses....

There is no “one-size-fits-all” ideal investment portfolio mix. But there are some key portfolio diversification tips that every investor should follow.

These two companies have held their dividends steady for several years, and we feel their current payouts continue to be safe. Both are also leaders in niche industries, which cuts your risk.


RUSSEL METALS INC. $30 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 63.1 million; Market cap: $1.9 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) is one of the largest metals distributors in North America with more than 30,000 end customers across many different industries.


Russel has paid regular quarterly dividends of $0.38 a share since the third quarter of 2014; the annual rate of $1.52 yields a high 5.1%....

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $32 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 128.0 million; Market cap: $4.1 billion; Distribution yield: 5.5%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 200 office buildings and 13 properties under development, mainly in major Canadian cities.


Starting with the January 2022 payment, Allied raised its monthly distribution by 2.9%....

CANOE EIT INCOME FUND $13 (Toronto symbol EIT.UN; Units o/s: 153.9 million; Market cap: $2.0 billion; Divd. yield: 9.2%; www.canoefinancial.com) is a closed-end fund that invests in a portfolio of dividend paying stocks. Canadian stocks account for 51.2% of its holdings, followed by the U.S....

Investing in up-and-coming Canadian tech stocks, which often include hidden assets and researchspending, can lead to big growth—but only if you select wisely

AVIENT CORPORATION, $47.64, symbol AVNT on New York, is a provider of specialized and sustainable material solutions and services worldwide. Its products include thermoplastic compounds, plastic colorants and additives, thermoplastic resin and vinyl resin sold under brands such as CESA, ColorMatrix, and many others....

RUSSEL METALS INC., $29.63, is a buy. Through their shares, investors tap one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.

Russel’s revenue in the three months ended June 30, 2022, jumped 27.5%, to $1.36 billion from $1.07 billion a year earlier....

ALGONQUIN POWER & UTILITIES CORP., $18.55, 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....

CANADIAN PACIFIC RAILWAY LTD., $106.14, Toronto symbol CP, is your #1 Conservative Buy for 2022.

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.

The stock gained 5% this week after the U.S....