Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both funds mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.
Blue chip ETFs… Read More

Q: Hello, Pat. What is your take on investing for the long term in WonderFi Technologies Inc. (WNDR)? Thanks.

A: WonderFi Technologies Inc., $1.08, symbol WNDR on the NEO Exchange (Shares outstanding: 161.5 million; Market cap: $176.5 million; www.wonder.fi), aims to provide consumers better access to digital assets, including cryptocurrencies and non-fungible tokens (NFTs).

The NEO exchange, which is recognized by the Ontario Securities Commission,… Read More

IGM expands in China

POWER CORP., $41.71, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 621.8 million; Market cap: $28.2 billion; TSINetwork Rating: Above Average; Yield: 4.7%; powercorporation.com) owns 61.8% of IGM Financial (symbol IGM on Toronto). IGM is Canada’s largest independent mutual-fund provider with a total of $270.0 billion in… Read More

Power pays you a special dividend

POWER CORP. $41 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 676.5 million; Market cap: $27.7 billion; Dividend yield: 4.4%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses. Its primary investments are controlling… Read More