canadian
SUN LIFE FINANCIAL, $67.56, is a buy. This Canadian insurance giant (Toronto symbol SLF; Shares outstanding: 585.9 million; Market cap: $39.7 billion; TSINetwork Rating: Above Average; Dividend yield: 3.3%; www.sunlife.ca) sells life coverage, savings, retirement and pension products....
GEORGE WESTON LTD., $133.40, is a buy. The holding company (Toronto symbol WN; Shares outstanding: 149.8 million; Market cap: $19.2 billion; TSINetwork Rating: Above Average; Dividend yield: 1.8%; www.weston.ca) makes a number of bakery products through Weston Foods....
ISHARES S&P/TSX REIT INDEX ETF, $19.63, 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. Investors pay an MER of 0.61%, and the REIT fund gives you a 2.8% yield.
The ETF’s top holdings are Canadian Apart....
The ETF’s top holdings are Canadian Apart....
The Bank of Canada cut its benchmark interest rate to 0.25% in early 2020. That was to support economic activity after COVID-19 hit. Whether the bank continues to hold that rate steady, cuts it again or, more likely, raises it depends on Canada’s economy and employment levels.
Meanwhile, today’s low interest rates make bonds unattractive....
Meanwhile, today’s low interest rates make bonds unattractive....
LOBLAW COMPANIES, $95.58, is a buy. The company (Toronto symbol L; Shares outstanding: 335.3 million; Market cap: $32.3 billion; TSINetwork Rating: Above Average; Dividend yield: 1.5%; www.loblaw.ca) operates 1,096 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.
Loblaw is seeing slowing demand for its e-commerce business....
Loblaw is seeing slowing demand for its e-commerce business....
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....
Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....
Bank of Nova Scotia has underperformed the other Big Five Canadian banks since the onset of the pandemic in March 2020. For instance, TD Bank, our other safety-conscious bank pick, is now up 22% from its pre-COVID-19 high. Scotiabank is up just 10%. That’s mostly because TD Bank’s international focus is on the recovering U.S....
A: KraneShares Emerging Markets Healthcare Index ETF, $28.73, symbol KMED on New York (Units outstanding: 100.0 million; Market cap: $2.9 billion; www.kraneshares.com), mirrors the Solactive Emerging Markets Healthcare Index.
This index tracks companies engaged in the health-care segment of various emerging markets....
This index tracks companies engaged in the health-care segment of various emerging markets....
A: We’re not tax experts, so you might want to consider talking to an expert—especially if there are large funds involved.
However, transferring shares in kind into a TFSA does trigger a capital gain or loss for income tax purposes.
If the investment is in a capital gains position, you will have to declare it as a capital gain on your income tax return....
However, transferring shares in kind into a TFSA does trigger a capital gain or loss for income tax purposes.
If the investment is in a capital gains position, you will have to declare it as a capital gain on your income tax return....
A: CIBC’s new Canadian Depository Receipts (CDRs) aim to give investors the opportunity to buy shares and/or fractions of shares in any of a number of U.S. or other foreign companies, in bundles that start out trading at a price of about $20 Cdn. each. CDRs come with a built-in hedging feature that reduces exchange-rate fluctuations....