CP Rail sets a number of new records

CP reported record revenue in the latest quarter, with increases across all of its businesses. Despite rising fuel prices, profits also hit a new high, with overall costs dropping to record lows. That performance bodes well for the company as demand for rail shipments moves… Read More

Cenovus ships by rail

CENOVUS ENERGY $13.42 (Toronto symbol CVE; Shares outstanding: 1.2 billion; Market cap: $16.5 billion; TSINetwork Rating: Average; Dividend yield: 1.5%; www.cenovus.com) has signed three-year deals with CN Rail (symbol CNR on Toronto) and CP Rail (symbol CP on Toronto) to transport 100,000 barrels per day of crude from Northern Alberta to… Read More

Rising rates limit the appeal of bond ETFs

The Bank of Canada increased its benchmark interest rate in July 2018 from 1.25% to 1.50%. That rate could rise further later this year on stronger economic growth and low unemployment. Inflation has also moved up steadily, sitting at 3.0% in July 2018.
We continue to… Read More