canadian

Sweden’s high tax rates support its extensive government benefits for citizens—from its 18 months of paid parental leave to its housing allowance for families and 20-somethings. But the high tax rates haven’t kept this nation from becoming one of the world’s most-economically competitive.


In fact, government finances are in good shape, and the Swedish economy has seen steady growth over the past decade....
Another “megatrend” offering investors strong potential for long-term growth is the rising number of people worldwide moving to urban centres. Here are three ETFs that focus on mining, infrastructure, cybersecurity and other industries set to profit from urbanization....
Stock prices have dropped sharply in anticipation of a much wider spread of the coronavirus, and a deep economic setback that could result from that spread.


In a sudden and deep stock-market drop like this, it’s all too easy to respond impulsively or go to extremes....
“Megatrends” are societal shifts with significant, long-term implications for the economy and the stock market. Once in full swing, these trends can be easy to track, although it is more difficult to pick out the companies that will most benefit from them. This month we look at ETFs with holdings designed to let investors tap two such trends: We start with the aging of the global population (below) and continue with urbanization.


As well, you’ll benefit from our supplements on pages 39 and 40....
Despite the problems that most brick-and-mortar retailers face, Canadian Tire continues to thrive for its investors. That’s partly because the company has successfully diversified beyond its main stores. What’s more, a new plan to improve its efficiency will free up cash for new investments in its online operations—and your dividends.


CANADIAN TIRE CORP....
NUTRIEN LTD. $44 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares o/s: 572.9 million; Market cap: $25.2 billion; Price-to-sales ratio: 1.3; Dividend yield: 3.9%; TSINetwork Rating: Average; www.nutrien.com) is world’s largest producer of agricultural fertilizers, shipping about 27 million tonnes annually....
SNC-LAVALIN GROUP INC. $27 is still a hold. The engineering company (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $4.7 billion; Price-to-sales ratio: 0.5; Divd. yield: 0.3%; TSINetwork Rating: Average; www.snclavalin.com) is following a new strategy that mainly involves exiting lump-sum, turnkey construction projects that expose investors to the added risk of cost overruns....
Interest rate cuts in Canada and the U.S., along with coronavirus fears, will continue to hurt the performance of Great-West’s investment portfolio. The insurer relies on strong returns on those investments to help pay future claims. On the other hand, low rates should increase demand for IGM’s mutual funds....
We’re promoting four stocks from our Power Growth Investor newsletter to our Successful Investor Aggressive Growth Portfolio. The move reflects their now-large market caps and their established dividend histories. That means they now warrant your consideration.


While they remain riskier than many of our TSI recommendations, these four are leaders in their fields and are using acquisitions to stay on top....
Stock prices have dropped sharply in anticipation of a much wider spread of the coronavirus, and the deep economic setback that could result from its spread. That could happen—no one can predict the future. However, most sharp market downturns are temporary. Due to modern medicine and technology, the coronavirus impact is unlikely to get so big that it brings on a long-lasting stock-market decline.


Our advice is that if your stock holdings made sense for you a few weeks ago, in light of your investment goals, financial circumstances and temperament, then you should hang on to them.


You should also continue to follow our three-pronged Successful Investor strategy: Invest mainly in established companies; spread your money out across the five main economic sectors; and downplay or avoid stocks that are in the broker/media limelight.


If you follow our three guidelines, you have a framework for making investment decisions and diversifying; that strategy also reduces the temptation you may feel (especially at times like this) to trade impulsively).


In this issue, we continue to recommend investors stick with high-quality stocks, such as TC Energy and Canadian Tire....