investment

POWER CORP., $43.31, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 590.4 million; Market cap: $28.3 billion; TSINetwork Rating: Above Average; Dividend yield: 5.2%) owns 62.2% of IGM Financial (symbol IGM on Toronto)....

These REITs own some of the best properties in Canada, with a concentration on its biggest cities. Both offer high yields as well as steady growth prospects. Each is a buy.


ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $17.01, is a buy. The REIT (Toronto symbol AP.UN; Units outstanding: 128.0 million; Market cap: $2.4 billion; TSINetwork Rating: Average; Dividend yield: 10.6%; www.alliedreit.com) owns 188 office buildings and nine properties under development....

Both these Canadian insurance stocks provide investors growth prospects as well as high dividend yields. We see each as a buy.


MANULIFE FINANCIAL, $44.10, is a buy. This safety-conscious stock (Toronto symbol MFC; Shares o/s: 1.8 billion; Market cap: $77.1 billion; TSINetwork Rating: Above Average; Yield: 3.6%; www.manulife.ca) represents one of Canada’s largest life insurers....

Becton Dickinson & Co. is building on strong growth with overall revenue rising 6.9% as it continues developing its robust product pipeline.

A: Dream Industrial Real Estate Investment Trust, $11.93, symbol DIR.UN on Toronto (Units outstanding: 277.3 million; Market cap: $3.5 billion; www.dream.ca/industrial/), is a real estate investment trust, or REIT....

Telus offers a very compelling 8.1% yield as it diversifies into high-growth sectors, keeps adding customers and forecasts more dividend raises to come.

CAE INC., $35.19, Toronto symbol CAE, is still a buy for long-term gains.

The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 40 countries.

Activist investment firm Browning West LP recently disclosed that it now owns 4.3% of CAE’s shares.

Browning wants to participate in the selection of a new chief executive officer now that current CEO Marc Parent will retire in August 2025....

The shortages of computer semiconductors during the COVID-19 pandemic slowed the production of a wide variety of products, from computers to cars. It also highlighted the importance of those computer chips to the modern global economy.

The shortage, in fact, prompted the U.S....

Suncor Energy offers a high 4.5% yield as it continues to demonstrate financial performance strong enough to commit 100% of excess cash flow to share repurchases.

Fastenal Company is a market leader in a strong financial position as it looks to keep driving growth and cutting costs with AI-driven systems and a proven business model.