canadian

CANADIAN PACIFIC RAILWAY LTD., $94.69, 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 company has formed a new alliance with French container shipping firm CMA CGM Group.

Under this multi-year pact, CP will be the primary rail carrier for CMA CGM’s freight through the ports of Vancouver, Montreal and Saint John, New Brunswick....

OVINTIV INC., $73.62, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 258.1 million; Market cap: $18.3 billion; TSINetwork Rating: Average; Dividend yield: 1.4%) operates three core properties: Montney (B.C.), Anadarko (Oklahoma) and Permian (Texas)....

CANADIAN PACIFIC RAILWAY $92.47, is a buy. The company (Toronto symbol CP; shares outstanding: 929.9 million; Market cap: $83.9 billion; Rating: Above Average; Dividend yield: 0.8%) has announced a new multi-year agreement with French giant CMA CGM Group, a leading global shipping and logistics firm.


The company will become CMA CGM’s primary rail provider in Canada, servicing the ports of Vancouver, Montreal and Saint John, New Brunswick.


CP’s access to the Port of Vancouver and Port of Montreal, combined with its strategic connection to Port Saint John via the New Brunswick Southern Railway, will let the company move the majority of CMA CGM’s freight from Canadian ports to key Canadian and U.S....

Nobody can predict trends in inflation or interest rates with any consistency. On the other hand, many investors have done very well over long periods by applying our Successful Investor method to their investments. This includes holding stocks that will do well with inflation—but will also prosper in an environment of stable consumer prices....

ENBRIDGE, $58.16, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $118.4 billion; TSINetwork Rating: Above Average; Dividend yield: 5.9%; www.enbridge.com) operates pipelines that pump Western Canadian oil and gas to eastern Canada and the U.S....

These two insurers offer investors growth prospects, as well as high yields. Meanwhile, rising interest rates are generally good for insurers. They write policies, collect premiums from customers, and then invest those premiums to meet future claims. They’re required to invest significant amounts of that money in fixed-income instruments, namely bonds....

ISHARES S&P/TSX REIT INDEX ETF, $18.83, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index....

Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....

A: Dole plc, $10.33, symbol DOLE on New York (Shares outstanding: 94.9 million; Market cap: $988.6 million; www.doleplc.com), is a global leader in fresh fruits and vegetables. The company sells more than 300 products sourced from over 30 countries....

ROYAL BANK OF CANADA, $130.95, Toronto symbol RY, is a buy.

In its fiscal 2022 second quarter, ended April 30, 2022, Royal took back $342 million of the funds it had earlier set aside to cover potential bad loans. That’s due to improving credit quality as the COVID-19 pandemic eases....