enbridge

ENBRIDGE INC. $46.84 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $79.9 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.enbridge.com) will now sell Brookfield Infrastructure Partners LP (Toronto symbol BIP.UN) its natural gas gathering and processing operations in B.C....

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.


Of course, you pay brokerage commissions to buy and sell these investments....

ENBRIDGE INC. $40.12 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $68.4 billion; TSINetwork Rating: Above Average; Dividend yield: 6.7%; www.enbridge.com) operates pipelines in Canada and the U.S. In addition, it owns oil and gas storage facilities.


The company also controls four affiliates that operate pipelines and related operations: Enbridge Energy Partners, LP (New York symbol EEP), Enbridge Energy Management, LLC (New York symbol EEQ), Enbridge Income Fund Holdings Inc....

ANDREW PELLER LTD. $18 (www.andrewpeller.com) is Canada’s second-largest producer of wines, after Constellation Brands. The company has wineries in Ontario and B.C. The Supreme Court of Canada’s recent decision to uphold restrictions on the movement of alcohol between provinces could hurt Peller’s ability to expand sales....

The Bank of Canada increased its benchmark interest rate in January 2018 from 1.00% to 1.25%. That rate could rise further later this year on stronger economic growth and low unemployment. Inflation has also moved up, sitting at 2.3% in March 2018.


We continue to caution against investing in bonds....

A: Keyera Corp. $34.77, symbol KEY on Toronto (Shares outstanding: 204.5 million; Market cap: $7.1 billion; www.keyera.com), provides a number of services to the oil and gas industry, including the collection, processing, storage and shipment of oil and gas.

The company operates through two main segments:

• Keyera’s Gathering and Processing business owns and operates raw gas-gathering pipelines and processing plants....

ENBRIDGE INC. $39.46 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $65.2 billion; TSINetwork Rating: Above Average; Dividend yield: 6.8%; www.enbridge.com) has dropped 21% since the start of the year.


In February 2017, the company completed its $37 billion acquisition of Spectra Energy in the U.S.


As a result of that purchase, Enbridge’s long-term debt jumped to $60.9 billion as of December 31, 2017....

ENBRIDGE INC. $39 (Toronto symbol ENB; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 1.65 billion; Market cap: $64.4 billion; Dividend yield: 6.9%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....

Preferred shares are equities that pay fixed dividends without offering investors voting rights. Still, those payments are made before dividends to common shareholders.

While investors are attracted to “preferreds” for income, those shares are sensitive to the movement of interest rates and their prices can be volatile....

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. ex- changes. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as solar power and bio- technology.

Of course, you pay brokerage commissions to buy and sell these investments....