investment


Insurer Great-West Lifeco and mutual funds provider IGM Financial continue to benefit from their recent moves to focus on their core businesses. We still like both, but prefer IGM for your new buying.


GREAT-WEST LIFECO INC. $48 is a hold. The insurer (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; shares outstanding: 931.2 million; Market cap: $44.7 billion; Price-to-sales ratio: 1.4; Dividend yield: 4.6%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest life insurer, after Manulife Financial....
Discover which five Canadian insurers we recommended in the Globe & Mail for scoring high marks with our TSI Dividend sustainability ratings.
Major Drilling Group ‘s rock-solid balance sheet provides stability while its strategic investments and geographic diversification position the firm for the future.
A: Omai Gold Mines Corp., $0.16, symbol OMG on TSX Venture (Shares outstanding: 497.9 million; Market cap: $79.7 million; www.omaigoldmines.com), owns 100% of the past producing Omai gold mine in Guyana....
Dear Inner Circle Member,

When I begin work on one of our Successful Investor Wealth Management Quarterly Client Letters, I usually start by thinking about news events that may occur between the time when I finish the letter and when it reaches the hands of our clients.

It’s usually easy for me to write this way....
BRITISH AMERICAN TOBACCO PLC, $35.39, symbol BTI on New York, is a U.K.-based manufacturer of cigarettes and other nicotine products. Its cigarette brands include Lucky Strike, Pall Mall, Camel, and Newport. Other brands include Grizzly (chewing tobacco), Velo (nicotine pouches), Vuse (vaping), and Glo (heated tobacco).

The company was formed in 1902 when Imperial Tobacco merged with the American Tobacco Company....
ABBVIE INC., $199.50, New York symbol ABBV, is a buy.

The company makes biopharmaceuticals, with leading positions in immunology, oncology, aesthetics, neuroscience and eye care.

AbbVie took its current form on January 3, 2013, when Abbott Laboratories (New York symbol ABT) split into two publicly traded firms.

The company will raise your quarterly dividend with the February 2025 payment by 5.8%, to $1.64 a share from $1.55....
BCE INC., $39.49 Toronto symbol BCE, remains your #1 Income Buy for 2024, as well as long-term gains.

The company is Canada’s largest traditional telephone service provider. It has 1.88 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....
BROOKFIELD RENEWABLE PARTNERS L.P., $35.19, is a buy. The partnership (Toronto symbol BEP.UN; Units outstanding: 646.0 million; Market cap: $23.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.5%; www.bep.brookfield.com) is set to acquire a 12.45% stake in four operational U.K....
If you want to ensure a higher (and safer) rate of return for your retirement portfolio, then it’s important to know what not to invest in after retirement