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

These industry leaders are still strong buys

CANADIAN PACIFIC RAILWAY $259.25 (Toronto symbol CP; shares outstanding: 147.7 million; Market cap: $36.8 billion; TSINetwork Rating: Above Average; Dividend yield: 1.0%; www.cpr.ca) ships freight over a 22,000-kilometre rail network between Montreal and Vancouver, with links to hubs in the U.S. Midwest and Northeast.
Following a brief strike,… Read More

CP tackles its backlog

CANADIAN PACIFIC RAILWAY $237.69 (Toronto symbol CP; shares o/s: 147.7 million; Market cap: $34.0 billion; TSINetwork Rating: Above Average; Divd. yield: 1.1%; www.cpr.ca) should benefit from new federal regulations meant to encourage rail operators to refurbish Canada’s fleet of grain railcars (called “hoppers”).
While the government will continue… Read More