investment
Consumers are spending less on furniture in response to higher interest rates and inflation. However, Leon’s strong brands will help its sales rebound with the economy. Its plan to spin off its real estate holdings as a REIT will also unlock hidden value.
LEON’S FURNITURE LTD....
LEON’S FURNITURE LTD....
Insurer Great-West and mutual fund seller IGM are re-organizing their operations. These moves will let them better focus on their main businesses and spur their long-term profits. However, we prefer IGM for your new buying.
GREAT-WEST LIFECO INC....
A: Ero Copper Corp. $17.25, symbol ERO of Toronto (Shares outstanding: 93.4 million; Market cap: $1.7 billion; www.erocopper.com), is a Vancouver-based mining company.
The company is focused on copper production from its MCSA Mining Complex in Bahia State, Brazil....
The company is focused on copper production from its MCSA Mining Complex in Bahia State, Brazil....
CALIAN GROUP LTD., $55.51, is a buy. The stock (symbol CGY on Toronto) lets investors tap the Ottawa-based company’s four main operating segments:
Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government segments....
Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government segments....
ENBRIDGE INC., $47.47, Toronto symbol ENB, is a buy.
The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario and Quebec.
With the March 2024, payment, Enbridge will raise your quarterly dividend by 3.1%....
The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario and Quebec.
With the March 2024, payment, Enbridge will raise your quarterly dividend by 3.1%....
You Can See Our CWA REIT & Trust Portfolio For December 2023 Here.
The federal government’s tax on income-trust distributions took effect on January 1, 2011....
RIOCAN REAL ESTATE INVESTMENT TRUST, $17.43, is a buy. The REIT (Toronto symbol REI.UN; Units outstanding: 300.4 million; Market cap: $5.2 billion; TSINetwork Rating: Average; Dividend yield: 6.2%; www.riocan.com) owns all or part of 192 shopping centres and other properties (totalling 33.6 million square feet) across Canada, as well as 10 projects under development....
GREAT-WEST LIFECO, $43.05 (Toronto symbol GWO; shares o/s: 931.7 million; Market cap: $40.5 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.greatwestlifeco.com) reported revenue of $3.37 billion in the quarter ended September 30, 2023....
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 exchange-traded funds, or ETFs, listed on U.S....
Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....
We’ve long said that the top five Canadian banks tend to leapfrog each other in investment desirability. That’s why we advise that most Canadians own two or even three of them—including Bank of Nova Scotia. Its cheap price, prospects for growth and its high yield make it a buy.
BANK OF NOVA SCOTIA, $59.71, is a buy. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $69.0 billion; TSINetwork Rating: Above Average; Dividend yield: 7.1%; www.scotiabank.com) is Canada’s third-largest bank.
Due to the current economic uncertainty as a result of higher interest rates and inflation, Bank of Nova Scotia set aside $1.26 billion to cover future loan losses in its fiscal 2023 fourth quarter, ended October 31, 2023....