Here’s our Pick of the Month

INTACT FINANCIAL $102.45 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-341-1464; www.intactfc.com; Shares outstanding: 139.2 million; Market cap: $14.3 billion; Dividend yield: 2.7%) is Canada’s largest provider of property and casualty insurance. The company insures more than five million individuals and businesses. Its major brands are Intact Insurance,… Read More

Rising rates limit the appeal of bond ETFs

The Bank of Canada increased its benchmark interest rate in July 2018 from 1.25% to 1.50%. That rate could rise further later this year on stronger economic growth and low unemployment. Inflation has also moved up steadily, sitting at 3.0% in July 2018.
We continue to… Read More

Intact soars higher

INTACT FINANCIAL $106.31 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-341-1464; www.intactfc.com; Shares outstanding: 139.2 million; Market cap: $14.7 billion; Dividend yield: 2.6%) is Canada’s largest provider of property and casualty insurance. The company insures more than five million individuals and businesses.
The stock has moved up 16% since… Read More