Two blue chips for safety-conscious gains

CP Rail is well positioned to keep weathering any COVID-19-related slowdowns or disruptions to its shipping markets. Metro is in a similarly strong position as it continues to build on its market position as an essential service during the pandemic. Both stocks are still buys.
CANADIAN PACIFIC… Read More

CP’s merger is underway

CANADIAN PACIFIC RAILWAY $93.19, is still a buy. The company (Toronto symbol CP; shares outstanding: 929.7 million; Market cap: $87.2 billion; Rating: Above Average; Dividend yield: 0.8%) has now completed the first stage of its $31 billion acquisition of U.S.-based Kansas City Southern.
CP has deposited its KCS shares into… Read More

Our updates keep you on top of your stocks

GEORGE WESTON LTD., $133.40, is a buy. The holding company (Toronto symbol WN; Shares outstanding: 149.8 million; Market cap: $19.2 billion; TSINetwork Rating: Above Average; Dividend yield: 1.8%; www.weston.ca) makes a number of bakery products through Weston Foods. It also owns a 52.6% stake in Loblaw and a 61.7% stake… Read More

Here are two bond ETFs for stable income

The Bank of Canada cut its benchmark interest rate to 0.25% in early 2020. That was to support economic activity after COVID-19 hit. Whether the bank continues to hold that rate steady, cuts it again or, more likely, raises it depends on Canada’s economy and… Read More