canadian

Evolve is a mid-sized Canadian ETF provider with about $3 billion of assets under management spread mostly across themed ETFs. This month we look at a new technology fund recently launched by that manager. We also highlight a global stock fund launched by one of the largest asset managers in the world, JP Morgan.


EVOLVE NASDAQ TECHNOLOGY ETF $20.78 (Toronto symbol QQQT) invests in technology companies listed on the Nasdaq market....

Canada ranked 15th among 64 countries in the IMD’s most recent World Competitiveness ratings. Denmark ranked first, Ireland, second, and Switzerland, third. The U.S. ranked in the 9th position.


Canada scored relatively well in the main categories of economic performance (9th), and Infrastructure (11th)....

The Canadian economy ranks among the top 10 globally. It’s also considered to be in the top 25% of the most competitive economies in the world; it is highly rated for its ability to train and attract skilled workers.


However, after solid growth in 2021 to 2022, higher interest rates have slowed the domestic economy down—although elevated oil and gas prices are providing a measure of support.


We still recommend that most Canadians hold the bulk of their portfolios in dividend-paying Canadian stocks, or ETFs that hold those stocks....

Higher interest rates mean dividend-paying stocks must increasingly compete with fixed-income investments for investor interest. However, sustainable dividends still offer an attractive and growing income stream for investors.


Meanwhile, dividend-focused ETFs often follow strategies that can set investors up for maximum long-term gains with the least amount of risk....

Uranium stocks can offer long-term promise—here’s how to pick the best ones to beat short-term challenges

FINNING INTERNATIONAL INC., $36.86, Toronto symbol FTT, is a buy.

The company sells and services Caterpillar-brand heavy equipment in Western Canada, South America and the U.K.

With the June 2023 payment, Finning raised your quarterly dividend by 5.9%, to $0.25 a share from $0.236....

SUNCOR ENERGY INC., $44.03, Toronto symbol SU, is a buy.

The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.

Suncor has now agreed to buy French oil producer TotalEnergies SE’s remaining Canadian operations, including its 31.23% stake in the Alberta’s Fort Hills oil sands project, for $1.47 billion....

Allied Properties REIT and RioCan REIT both continue to focus on Canada’s top markets. All in all, each trust remains attractive thanks to its high-quality properties and tenants.


ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $17.23, is a buy. The REIT (Toronto symbol AP.UN; Units outstanding: 128.0 million; Market cap: $2.2 billion; TSINetwork Rating: Average; Dividend yield: 10.5%; www.alliedreit.com) owns 199 office buildings and 13 properties under development, mainly in major Canadian cities.


With the January 2023 payment, Allied raised your monthly distribution by 2.9%....

The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive returns for investors—especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer, now is a good time for new buying....

Here are two of our leading safety-conscious stock recommendations. Both have prospects for strong growth in their respective industries. Each is a buy.


IMPERIAL OIL LTD., $78.61, is a buy. The company (Toronto symbol IMO; Shares outstanding: 584.2 million; Market cap: $47.8 billion; TSINetwork Rating: Average; Dividend yield: 2.5%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No....