Petro-Canada – former Toronto symbol PCA

Petro-Canada – former Toronto symbol PCA

Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.
PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.

Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor… Read More

These insurers offer high yields—plus growth

Insurers write policies, collect premiums from customers, and then invest those premiums to meet future claims. They’re required to invest significant amounts of that money in fixed-income instruments, namely bonds. That means rising interest rates are a boon to their returns. Rising interest rates also… Read More

Two Vanguard ETFs to lift your gains

Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)
Investors in this country can, however, buy… Read More

Enjoy a 5.5% yield from TC Energy Inc.

Enjoy a 5.5% yield from TC Energy Inc.

This company’s future remains bright despite U.S. President Joe Biden’s decision last year to cancel its controversial Keystone XL pipeline project. That was a setback, but the pipeline operator continues to work on other key projects to further boost its cash flow and meet its… Read More

Big move for TD Bank

TD BANK, $83.93, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $149.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.2%; www.td.com) is a buy. The bank has just announced the acquisition of Cowen Inc. (symbol COWN on Nasdaq) for $3.9 billion.
Cowen provides investment banking, research, sales and… Read More