enbridge

ENBRIDGE, $54.16, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $113.2 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%; www.enbridge.com) operates pipelines that pump Western Canadian oil and gas to eastern Canada and the U.S....
3M COMPANY, $129.14, New York symbol MMM, is still a buy for long-term gains.

The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

3M last raised its quarterly dividend with the March 2022 payment....
CANADIAN PACIFIC RAILWAY LTD., $106.14, Toronto symbol CP, is your #1 Conservative Buy for 2022.

CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.

The stock gained 5% this week after the U.S....
Investors fear that rising interest rates will boost the appeal of bonds and hurt the shares of these high-yielding utility stocks. However, bond investors have to treat interest payments they receive as regular income. As a result, they pay higher taxes on their income compared to dividend payments from Canadian firms that qualify for a tax credit....
High-yielding ETFs have appeal for income-seeking investors. The income they provide can also provide a buffer in declining markets. However, you need to look closely at the strategies that let those ETFs pay their high yields—and whether they are worth the risks.


Below we look at three ETFs that aim to provide investors with high yields....
LABORATORY CORPORATION OF AMERICA, or LABCORP., $254.67, symbol LH on New York, provides comprehensive clinical laboratory services from locations throughout North America. It also offers drug development services such as research and clinical trial management.

Labcorp employs nearly 75,000 people at its base in Burlington, North Carolina, and across the U.S.

On July 28, 2022, the company announced that its board of directors had approved the spin-off of its Clinical Development business....
COPPERLEAF TECHNOLOGIES INC., $6.71, symbol CPLF on Toronto, develops artificial intelligence-powered optimization software that helps clients who manage critical infrastructure, such as electricity generation or natural gas distribution, make investment decisions. Its software manages more than $2.6 trillion in infrastructure assets worldwide.

Companies use Copperleaf’s software to analyze, plan and budget how to spend capital budgets over multi-year periods in order to minimize business risks.

Vancouver-based Copperleaf’s prominent customers include National Grid plc (symbol NGG on New York), Duke Energy Corp....
Governments around the world know the benefits that flow from upgrading infrastructure. However, stretched budgets because of the pandemic—as well as a reluctance to raise taxes—have limited the ability of governments to initiate new projects or to even expand existing ones....
CANADIAN NATIONAL RAILWAY CO., $144.79, Toronto symbol CNR, remains a buy.

CN operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

With the March 2022 payment, CN raised its quarterly dividend by 19.1%....
CANADIAN NATIONAL RAILWAY CO., $146.75, Toronto symbol CNR, remains a buy.

CN operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

About 750 of CN’s signal and communications workers (3% of its total workforce) went on strike last weekend after their union and the company failed to reach a new contract deal.

So far, the walkout has had little impact on CN’s operations....