canadian

A: Kirkland Lake Gold, $64.62, symbol KL on Toronto (Shares outstanding: 275.9 million; Market cap: $18.9 billion; www.klgold.com), is a gold producer based in Toronto, Canada. It owns and operates four underground gold mines: the Macassa, Holt, and Taylor mines in Canada and the Fosterville mine in Australia.

Kirkland Lake Gold also owns exploration properties and non-operating mines in both countries....

Pat looks at the REIT’s initiatives to expand and diversify its portfolio of German properties and examines the effect of the state of the euro and the European economy on Dundee’s prospects.

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CANADIAN PACIFIC RAILWAY $363.51, is a buy. The company (Toronto symbol CP; shares outstanding: 135.6 million; Market cap: $49.3 billion; Rating: Above Average; Dividend yield: 1.0%) operates a 22,000-kilometre rail network between Montreal and Vancouver.


CP shipped a record 8.41 million tonnes of Canadian grain in the quarter ended June 30, 2020....

Business for our two top Canadian insurance recommendations remains strong, although COVID-19 has slowed their share-price growth. That reflects their drop in wealth management fees this spring as the pandemic hurt their client portfolios. The market downturn also hit their own extensive investment portfolios.


However, both firms should rebound quickly once the coronavirus outbreak eases....

The best Canadian mining companies are well-financed with low debt and good management

Sun Life remains a great choice for investors seeking reliable dividends during the COVID-19 pandemic. The company continues to add high-quality businesses, particularly overseas. That should let it keep raising your payments.


SUN LIFE FINANCIAL INC....

CAE INC. $20 is still a buy for patient investors. The company (Toronto symbol CAE; Conservative Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 266.2 million; Market cap: $5.3 billion; Dividend suspended in March 2020; Dividend Sustainability Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....

Canada’s big banks are weathering the COVID-19 pandemic. Still, federal regulators have directed them to suspend share buybacks and put off dividend increases for now. That prudence works to protect the current, high-yielding payments of Royal Bank and Bank of Montreal.


ROYAL BANK OF CANADA, $93 is a buy. The bank (Toronto symbol RY; Income-Growth Portfolio, Finance sector; Shares outstanding: 1.4 billion; Market cap: $130.2 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Highest; www.rbc.com) last raised its quarterly dividend with the May 2020 payment....

These two Canadian industrial firms are leaders in their niche markets. Their strong reputations should continue to help them win new customers and contracts. Both of those are key to future dividend increases.


STANTEC INC. $43 is a buy. The company (Toronto symbol STN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 111.9 million; Market cap: $4.8 billion; Dividend yield: 1.4%; Dividend Sustainability Rating: Above Average; www.stantec.com) sells a range of consulting, design and technology services to clients in the oil and gas, transportation and construction industries.


With the April 2020 payment, Stantec raised its quarterly dividend by 6.9%, to $0.155 a share from $0.145....