Imperial Oil Ltd.

Toronto symbol IMO, is Canada’s largest integrated oil company. It also operates over 1,900 retail gas stations under the “Esso” banner. ExxonMobil owns 69.6% of Imperial’s stock.

Like Imperial Oil (see page 1), these three oil and gas producers are also benefitting from higher energy prices and moderating capital spending plans. That’s freeing up more cash for dividends and debt repayments.


We continue to see all three as high-quality buys for the Resources portion of your portfolio....
BCE INC., $62.53, Toronto symbol BCE, is a buy.

The company is Canada’s largest traditional telephone service provider: it has 2.16 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.07 million high-speed Internet users and 2.74 million TV subscribers (satellite and fibre-optic)....
ROYAL BANK OF CANADA $128 (www.rbc.com) is a buy. The bank has agreed to sell its European asset servicing and custodial operations to a business jointly owned by France’s Crédit Agricole S.A....
BCE INC., $61.75, Toronto symbol BCE, is your #1 Income Buy for 2022.

The company is Canada’s largest traditional telephone service provider: it has 2.16 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.07 million high-speed Internet users and 2.74 million TV subscribers (satellite and fibre-optic)....
Here are two of our top safety-conscious recommendations. Both have strong growth ahead. Look for that to spur their share prices and your returns.


CANADIAN PACIFIC RAILWAY $100.65, is a buy. The company (Toronto symbol CP; shares outstanding: 930.1 million; Market cap: $94.5 billion; Rating: Above Average; Dividend yield: 0.8%) ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver....
IMPERIAL OIL LTD., $64.87, is a buy. The company (Toronto symbol IMO; Shares o/s: 636.7 million; Market cap: $41.3 billion; TSINetwork Rating: Average; Dividend yield: 2.1%; www.imperialoil.ca) is teaming up with E3 Lithium Ltd....
IMPERIAL OIL LTD. $64 is a buy. This company (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 636.7 million; Market cap: $40.7 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.1%; TSINetwork Rating: Average; www.imperialoil.ca) gets about 60% of its production from oil sands operations in Alberta....
BCE INC., $63.71, Toronto symbol BCE, is your #1 Income Buy for 2022.

The company is Canada’s largest traditional telephone service provider: it has 2.21 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 3.98 million high-speed Internet users and 2.72 million TV subscribers (satellite and fibre-optic)....

IMPERIAL OIL LTD., $56.91, is a buy. The company (Toronto symbol IMO; Shares outstanding: 636.7 million; Market cap: $37.7 billion; TSINetwork Rating: Average; Dividend yield: 2.4%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No....
IMPERIAL OIL LTD., $57.49, Toronto symbol IMO, is a buy.

This company gets about 60% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in projects off the coast of Atlantic Canada.

Imperial’s other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario....