canadian
Insurers write policies, collect premiums from customers, and then invest those premiums to meet future claims. That need to cover claims means they invest significant amounts of their funds in fixed-income instruments, namely bonds. That also means high interest rates are a boon to their returns....
Since March 2022, the Bank of Canada has raised its benchmark interest rate 10 times, from just 0.25% to 5.0%. The rapid increase is meant to counter rising inflation in the wake of the COVID-19 pandemic and related supply chain disruptions. So far, the plan is working: Canada’s inflation rate has dropped from its peak of 8.1% in 2022 to 4.0% in August 2023.
While rising interest rates let banks earn higher interest on their loans, accounting rules also force banks to set aside more funds to cover any rise in loan defaults as borrowers face those higher interest payments....
While rising interest rates let banks earn higher interest on their loans, accounting rules also force banks to set aside more funds to cover any rise in loan defaults as borrowers face those higher interest payments....
U.S. stocks are a great way to boost your portfolio returns. Here’s why, and here’s how to pick good U.S. stocks.
AMAZON.COM INC., $127.12, symbol AMZN on Nasdaq, is a buy. The company is one of the world’s largest online retailers. It’s also the third-largest digital ad provider in the U.S. Through its Amazon Web Services (AWS), the company is one of the world’s largest providers of cloud infrastructure services.
Amazon has just agreed to invest up to $4 billion in privately held artificial-intelligence company Anthropic; it will take a minority ownership position, committing an initial $1.25 billion....
Amazon has just agreed to invest up to $4 billion in privately held artificial-intelligence company Anthropic; it will take a minority ownership position, committing an initial $1.25 billion....
LINAMAR CORP., $65.43, Toronto symbol LNR, remains a buy for long-term gains.
The company makes a variety of automotive parts, including cylinder heads and cylinder blocks. It also makes self-propelled, scissor-type work platforms, under the Skyjack brand, as well as agricultural harvesting equipment.
Linamar is now buying the U.S.-based manufacturing operations of Mobex Fourth and 1, LLC....
The company makes a variety of automotive parts, including cylinder heads and cylinder blocks. It also makes self-propelled, scissor-type work platforms, under the Skyjack brand, as well as agricultural harvesting equipment.
Linamar is now buying the U.S.-based manufacturing operations of Mobex Fourth and 1, LLC....
AGNICO EAGLE MINES LTD., $61.72, symbol AEM on Toronto, owns producing gold mines in Canada, Australia, Finland and Mexico.
In Canada, it owns the La Ronde, Canadian Malarctic, Goldex, Maccassa, Detour Lake, Meliadine, Meadowbank and Hope Bay mines....
In Canada, it owns the La Ronde, Canadian Malarctic, Goldex, Maccassa, Detour Lake, Meliadine, Meadowbank and Hope Bay mines....
The shares of Royal Bank and other big Canadian banks have suffered in the past year as rising interest rates increase the appeal of bonds. Higher interest rates also increase the likelihood of greater loan defaults.
We see Royal as a particularly attractive buy right now as it looks like the current cycle of rising interest rates has peaked....
We see Royal as a particularly attractive buy right now as it looks like the current cycle of rising interest rates has peaked....
ROYAL BANK OF CANADA, $120.19, Toronto symbol RY, is still a buy.
Canada’s largest bank by market capitalization raised your quarterly dividend by 2.3% with the August 2023 payment. Investors now receive $1.35 a share instead of $1.32. The new annual rate of $5.40 yields a solid 4.5%.
In November 2022, the bank agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....
Canada’s largest bank by market capitalization raised your quarterly dividend by 2.3% with the August 2023 payment. Investors now receive $1.35 a share instead of $1.32. The new annual rate of $5.40 yields a solid 4.5%.
In November 2022, the bank agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....
Both Calian and WELL Health offer investors a major plus. Specifically, the two get most of their revenue from governments. For Calian, revenue generated from federal departments and agencies currently represents about 50% of the total. Meanwhile, WELL profits from Canada’s government-backed, recession-resilient health-care sector.
CALIAN GROUP, $50.43, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding: 11.8 million; Market cap: $610.0 million; Dividend yield: 2.2%) lets investors tap the Ottawa-based company’s four main operating segments:
Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government sectors....
CALIAN GROUP, $50.43, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding: 11.8 million; Market cap: $610.0 million; Dividend yield: 2.2%) lets investors tap the Ottawa-based company’s four main operating segments:
Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government sectors....
Many traditional bricks-and-mortar retailers have continued to struggle against the COVID-spurred onslaught of online shopping. Some may yet go out of business. But we believe the unique market niche of both TJX and North West offer you the possibility of strong gains ahead.
THE TJX COMPANIES, $90.66, (New York symbol TJX; TSINetwork Rating: Above Average) (tjx.com; Shares o/s: 1.1 billion; Market cap: $104.1 billion; Yield: 1.5%), is a leading off-price retailer of clothing, accessories and home fashions....