great-west lifeco

Both of these companies are members of the Power Corp. family and have streamlined their businesses in the past few years. Those efforts have helped drive profits and dividends. Each is a solid addition to the Finance portion of your portfolio.


GREAT-WEST LIFECO INC. $63 is a buy. The insurance company (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; shares outstanding: 906.3 million; Market cap: $57.1 billion; Price-to-sales ratio: 1.5; Dividend yield: 4.3%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest life insurer, after Manulife Financial. It also offers pension and wealth management services. Power Corp. (Toronto symbol POW) owns 68.8% of the firm.

TELUS, $18.97, is a buy. The company (Toronto symbol T; Shares outstanding: 1.6 billion; Market cap: $29.3 billion; TSINetwork Rating: Above Average; Dividend yield: 8.8%; www.telus.com) has 14.43 million wireless subscribers across Canada. It also sells landline phone, Internet, TV, and security services in B.C., Alberta, and eastern Quebec. Telus’s revenue in the quarter ended December 31, 2025, fell 2.2%, to $5.26 billion from $5.38 billion a year earlier. The decline reflects the competitive environment. If you exclude unusual items, earnings fell 18.2%, to $311 million from $380 million. Due to more shares outstanding, per-share earnings declined 20.0%, to $0.20 from $0.25. The lower earnings reflect higher costs.

Dividends can contribute up to a third of your long-term investment returns. Here are 5 Canadian dividend stocks we recommend holding.

Many investors overlook mid-cap stocks, thinking that a combination of large- and small-cap stocks will provide their portfolios with all the diversification they really need. However, as a group, U.S. mid-cap stocks have often performed better than large caps and are generally less risky than small caps....

The blue chips represent the highest value. The best blue chip companies offer both capital gains growth potential and regular dividend income.

GREAT-WEST LIFECO $28.10 (Toronto symbol GWO; shares o/s: 988.4 million; Market cap: $27.9 billion; TSINetwork Rating: Above Average; Dividend yield: 5.5%; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial....

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GREAT-WEST LIFECO INC....

GREAT-WEST LIFECO INC. $28 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; shares outstanding: 988.4 million; Market cap: $27.7 billion; Price-to-sales ratio: 0.6; Dividend yield: 5.6%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial....

GREAT-WEST LIFECO INC. $28 (Toronto symbol GWO; Conservative Growth Payer Portfolio, Finance sector; shares outstanding: 988.4 million; Market cap: $27.7 billion; Dividend yield: 5.6%; Dividend Sustainability Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial....

POWER CORP. $26.00 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $12.4 billion; TSINetwork Rating: Above Average; Dividend yield: 5.9%; www.powercorporation.com) is a holding company with a diversified list of businesses. It holds its financial assets through its 65.6%-owned Power Financial.


Power Financial’s assets include a 67.6% interest in insurer Great-West Lifeco and 61.5% of mutual-fund provider IGM Financial.


Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....