canadian

A: Canadian General Investments Ltd., $33.42, symbol CGI on Toronto (Units outstanding: 20.9 million; Market cap: $697.2 million; www.mmainvestments.com), is a closed-end fund that mainly invests in shares of Canadian companies that it sees as average or above-average in quality.

Established in 1930, it is one of the oldest closed-end investment companies in North America....
TRITON INTERNATIONAL LTD., $82.96, symbol TRTN on New York, is the world’s largest owner and lessor of intermodal containers. It owns more than 7 million 20-foot equivalents (TEUs), and those shipping containers are used by some of the world’s largest shipping companies....
TORONTO-DOMINION BANK, $83.55, Toronto symbol TD, remains a buy.

The bank merged its 43%-owned U.S. online brokerage firm TD Ameritrade Holding Corp. (Nasdaq symbol AMTD) with rival Charles Schwab Corp. (New York symbol SCHW) in October 2020....
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, $63.39, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding: 11.7 million; Market cap: $736.7 million; Dividend yield: 1.8%) 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....
Yamana Gold has now been officially taken over by Pan American Silver Corp. (symbol PAAS on Toronto) and Agnico Eagle Mines Ltd. (symbol AEM on Toronto). As a result, Yamana’s shares stopped trading on the Toronto exchange on April 3, 2023.


YAMANA GOLD owned and operated five gold mines, in Canada, Brazil, Chile and Argentina....
Canada legalized cannabis over four years ago. While demand has been steady, stiff competition has cut selling prices significantly. Meanwhile, advertising restrictions and plain packaging rules make it hard to build brands that win customer loyalty. Still, we think some companies have a distinct edge—including their prospects for added sales in the U.S....
GREAT-WEST LIFECO INC., $37.28, Toronto symbol GWO, remains a hold.

The company is Canada’s second-largest life insurer, after Manulife Financial. Power Corp. (Toronto symbol POW) owns 68.2% of the firm.

With the March 2023 payment, Great-West raised your quarterly dividend by 6.1%....
After years of poorly managed government finances, instability in the banking system, punitive European Union bailout packages, and tough austerity measures, the Greek economy finally started to recover in 2018. But that progress was interrupted by the COVID-19 pandemic, followed by devastating wildfires, decades-high inflation, and rising interest rates.


The economy is now finally back to its pre-pandemic levels, although growth forecasts are scaled back amid higher interest rates and slowing consumer demand....
One of the key attractions of exchange-traded funds is the lower fees compared to mutual funds. In addition, as more competitors entered the market, fees on many ETFs continue to drop.


One of the older U.S.-based funds with a large asset base and higher fees is the iSHARES MSCI CANADA ETF $35.03 (New York symbol EWC)....
We continue to recommend holding a portfolio of stocks diversified across most if not all of the five main economic sectors (Finance, Consumer, Manufacturing, Utilities and Resources). This cuts your risk of heavy losses from over-indulging in a sector that’s about to plunge....