canadian

Oil and gas prices have pulled back lately, but still remain high. Meanwhile, demand should remain elevated for several years to come as the world continues to rely on fossil fuels even as it shifts to more-sustainable renewable energy sources.


Here are three ETFs that focus on oil and gas exploration and production....

These two railways recently re-routed some of their traffic due to the B.C. port workers strike. The strike has now ended, which should let them recover those added costs over the next few months.


CANADIAN PACIFIC KANSAS CITY LTD. $106 is your #1 Conservative Buy for 2023. The company (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 931.5 million; Market cap: $98.7 billion; Price-to-sales ratio: 9.6; Dividend yield: 0.7%; TSINetwork Rating: Above Average; www.cpkcr.com) took its current form on April 14, 2023, when Canadian Pacific Ltd....

The shares TD Bank have dropped 24% from their recent peak of $109 in February 2022. That’s mainly because rising interest rates have forced it set aside more funds for potential loan defaults. At the same time, higher interest rates could trigger a recession, which would cut demand for new loans....

When ETFs vs index funds are in question, which ones work best in your portfolio? Both can offer broad, low-risk exposure but differ on fees

A: BMO International Dividend ETF, $21.63, symbol ZDI on Toronto (Units outstanding: 20.1 million; Market cap: $434.8 million; www.bmoetfs.cawww.bmoetfs.ca), offers exposure to a portfolio of high-yield dividend-paying companies in developed markets....

With our recent Spotlight Report on Canadian Tire, I opened with a quote from one of the first highly successful investors I ever had the privilege of meeting. While talking about the stock market, he casually mentioned, “I’m a rich man today because I was smart enough to buy Canadian Tire stock at $0.50, and too stupid to sell when it hit $2.00.”

The quote deserves to be repeated more often, since it simplifies a key rule for successful investing: Don’t be too quick to sell a winner....

CANADIAN SOLAR INC., $26.25, symbol CSIQ on Nasdaq, is one of the world’s largest manufacturers of solar photovoltaic modules and solar energy and battery storage solutions. Founded in 2001, it went public in 2006, selling shares at $15 each.

On August 17, 2023, the Ontario-based company announced it would deliver 1,200 megawatt hours of energy storage solutions to its Papago Storage project in Arizona....

WAJAX CORP., $29.03, is a buy. Through their shares, investors benefit from the company’s (symbol WJX on Toronto) sales and servicing of cranes, forklifts and other heavy equipment. Wajax also provides related parts and systems such as ball bearings, hoses, diesel engines and transmissions.

The company’s customers are spread across the resources, construction, manufacturing and transportation industries.

Wajax is now acquiring Sault Ste....

BANK OF MONTREAL, $114.19, Toronto symbol BMO, is a buy.

With the August 2023 payment, Bank of Montreal raised your quarterly dividend by 2.8%, to $1.47 a share from $1.43. The new annual rate of $5.88 yields a high 5.1%.

On February 1, 2023, the bank completed its acquisition of Bank of the West from France’s BNP Paribas.

Bank of the West provides a variety of retail and commercial banking services to over 1.8 million customers in 24 U.S....

ENBRIDGE INC., $45.77, Toronto symbol ENB, remains a buy.

The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario and Quebec.

This week, Enbridge agreed to acquire three regulated gas utility firms—which serve roughly 3 million customers in Ohio, North Carolina, Utah, Idaho and Wyoming—from Dominion Energy, Inc....