Intact adds to niche

INTACT FINANCIAL $130.77 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-341-1464; www.intactfc.com; Shares o/s: 139.2 million; Market cap: $18.2 billion; Divd. yield: 2.3%) will buy two regional insurers to continue its push in to specialty insurance. The company is paying a total of $1 billion… Read More

Two ETFs may be the best choices in bonds

Two ETFs may be the best choices in bonds

The Bank of Canada has held its benchmark interest rate steady at 1.75% since October 2018. The Canadian economy is growing and unemployment is low, although annualized inflation is sitting just under its 2.0% target.

We continue to caution against investing in bonds. Still-low interest rates… Read More

Updating Stantec Inc., Saputo Inc. & Intact Financial Corp.

STANTEC INC. $31 (Toronto symbol STN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 111.7 million; Market cap: $3.5 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Above Average; www.stantec.com) sells a range of consulting, design and technology services to clients in the oil and gas, transportation and… Read More