canadian

LOBLAW COMPANIES, $120.49, is a buy. The retailer (Toronto symbol L; Shares o/s: 319.5 million; Market cap: $38.5 billion; TSINetwork Rating: Above Average; Dividend yield: 1.5%; www.loblaw.ca), operates 1,098 supermarkets under several retail banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....

Insurers write policies, collect premiums from customers, and then invest those premiums to meet future claims. They’re required to invest significant amounts of that money in fixed-income instruments, namely bonds. That means high interest rates are a boon to their returns....

High-yield Canadian stocks are sought after by savvy investors, but sometimes the anticipation of a dividend cut is what gives some of them their above-average yields

Looking for the top Canadian stocks to invest in for a winning portfolio? Companies with a history of profits and sustainable dividends are just the starting point

CASELLA WASTE SYSTEMS INC., $90.45, symbol CWST on Nasdaq, is a Vermont-based waste management company that services seven Northeastern U.S. states (Vermont, New Hampshire, New York, Massachusetts, Connecticut, Maine and Pennsylvania) through 50 collection operations, 26 recycling facilities, 9 disposal facilities, 3 landfill gas-to-energy facilities, and 66 transfer stations.

Casella was founded in 1975 by Doug Casella, who used a pick-up truck to collect waste from customers in Rutland, Vermont, and nearby Killington....

THOMSON REUTERS CORP., $178.86, Toronto symbol TRI, is a buy.

The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.

Thomson is now buying Casetext, a private firm based in California that uses artificial intelligence (AI) software to help lawyers research previous cases and prepare documents.

The company will pay $650 million U.S....

Fears that higher interest rates and inflation will hurt loan demand and credit card use have hurt the shares of Canada’s big banks in the past few months. However, those banks remain well capitalized. In fact, in a sign of confidence, these two banks just raised their dividends.


BANK OF MONTREAL $118 is a buy. The bank (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 677.1 million; Market cap: $79.9 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Highest; www.bmo.com) will raise your quarterly dividend with the August 2023 payment, by 2.8%, to $1.47 a share from $1.43....

Canadian Tire survived the COVID-19 lockdowns thanks largely to its expanding e-commerce services. As a result, it did not cut its dividend during the pandemic.


Now that lockdowns have ended, the company’s strong brands and new loyalty plans are helping draw customers back to its stores....

Automakers are shifting away from traditional gasoline-powered vehicles to battery-powered electric vehicles (EVs). That’s partly due to government mandates—Ottawa wants 20% of all passenger cars, SUVs and trucks sold in Canada by 2026 to run on electricity. The requirement will rise to 60% in 2030, and 100% by 2035....

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $20.56, Toronto symbol AP.UN, remains a buy.

The REIT owns 199 office buildings and 13 properties under development, mainly in major Canadian cities.

Starting with the January 2023 payment, Allied raised its monthly distribution by 2.9%....