Q: Hi, Pat. I am wondering about investing in the Horizons Seasonal Rotation ETF. What are your thoughts on this ETF as an investment? Thanks.

A: The Horizons Seasonal Rotation ETF, $22.15, symbol HAC on Toronto (Units outstanding: 13.1 million; Market cap: $290.2 million; www.horizonsetfs.com), is an example of an ETF that shows a wide disparity between its holding and the investments that the sales literature describes.

For example, this ETF aims… Read More

Q: Pat, Hello. If this request fits with your Inner Circle letter objective could I have your opinion on Mainstreet Equity Corp.? Thank you for your time.

A: Mainstreet Equity Corp., $64.36, symbol MEQ on Toronto (Shares outstanding: 9.4 million; Market cap: $603.8 million; www.mainst.biz), owns 326 properties with a total of 12,333 apartment units, mainly in Western Canada.

In the three months ended June 30, 2019, the company’s revenue rose 18.4%, to $34.7… Read More

TSX ETF investing: 5 tips for successfully picking the right ones

TSX ETF investing: 5 tips for successfully picking the right ones

With all the TSX ETF investments available, it’s not too difficult to diversify your portfolio. Here’s how.
There are hundreds of ETF opportunities on the Toronto Stock Exchange (TSX) sponsored by investment managers like BlackRock Inc., BMO Asset Management and Horizons ETFs Management. The best TSX… Read More

Rising demand lifts revenue, cuts debt for Precision Drilling Corp.

Rising demand lifts revenue, cuts debt for Precision Drilling Corp.

Improved demand for drilling rigs in the U.S., plus rising oil prices, led to an 8.2% revenue increase for this industry leader in the most-recent quarter.

At the same time, the company needs to bring down its debt.


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PRECISION DRILLING CORP. (Toronto symbol PD; www.precisiondrilling.com) provides contract… Read More