canadian

A few years ago, supermarket operator Loblaw and its parent company George Weston re-organized their various businesses. That left Loblaw to focus on its main retail operations and to better compete with rivals Walmart and Costco.

Investors tend to prefer “pure-play” businesses that operate in a single industry and that can be easily analyzed....

Using a sector rotation strategy will eventually lead to you to lower portfolio returns. Keep reading to learn more about this strategy.

LOBLAW COMPANIES LTD., $218.17, Toronto symbol L, is a buy.

The company operates 1,089 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.

In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares....

BCE INC., $31.60, Toronto symbol BCE, remains a buy for long-term gains and income.

The company is Canada’s largest traditional telephone service provider. It has 1.77 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....

BMO S&P/TSX CAPPED COMPOSITE INDEX ETF $33.69 (Toronto symbol ZCN; TSINetwork ETF Rating: Conservative; Market cap: $9.8 billion) tracks the S&P/TSX Capped Composite Index. The index includes over 200 top-ranked Canadian stocks that represent more than 90% of the Canadian equity market....

This month, we highlight an actively managed ETF from RBC that invests globally in equities, and a new cryptocurrency ETF from CI Galaxy.


RBC Global Large-Cap Equity ETF $21.84 CBOE symbol RGLE) invests in equities listed on global markets....

The long-term push to sharply cut oil and gas use—including through renewable power generation and electric vehicles (EVs)—will continue. But at the same time, it’s clear that there will be a continuingly prominent role for oil and gas for some time. That means top oil and gas firms will keep profiting—and paying high dividends.


Here are three ETFs that focus on the traditional sources of energy....

Tesla Yield Shares Purpose ETF $17.40 (CBOE symbol YTSL) invests in Tesla shares, sells call options against the investment, and employs debt to further boost returns. Foreign currency exposure is hedged back to the Canadian dollar.


The ETF launched in December 2022, holds $152.4 million of assets, and charges a very high MER of 1.81%.


The ETF combines a covered call strategy (covering around 50% of its Tesla holdings) with leverage (debt) to generate monthly income, while aiming to preserve some of the growth potential of the underlying stocks.


Since its inception, the ETF’s unit price has declined by 1.6%; however, as the fund paid large dividends derived from its covered call income, the total return was 58.2%....

Teck Resources has now completed its plan to focus solely on its copper and zinc projects. That should let it tap into the growing need for these metals for electric-powered vehicles (EVs). Moreover, the metals it ships from its facilities in Canada comply with the U.S.-Mexico-Canada trade agreement....

Uncertainty over new tariffs will probably force Canada’s big banks to set aside more funds for the potential growth in bad loans. However, each of the Big 5 remains well capitalized, which will help to absorb any credit losses.


ROYAL BANK OF CANADA $166 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $232.4 billion; Price-to-sales ratio: 3.9; Dividend yield: 3.6%; TSINetwork Rating: Above Average; www.rbc.com) continues to benefit from its March 2024 acquisition of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.


So far, eliminating overlapping operations has cut $524 million from Royal’s annual costs....