teck resources
This is the fifth year in a row that we’ve selected CP Rail–now Canadian Pacific Kansas City Ltd.—as your #1 Conservative Buy. In fact, over that time, the stock has gained close to 130% compared to just 28% for the S&P/TSX Composite Index.
CP recently completed its purchase of U.S.-based railway Kansas City Southern....
CP recently completed its purchase of U.S.-based railway Kansas City Southern....
CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST, $14.22, is a top pick for 2023.
Choice is Canada’s biggest REIT, with 702 retail, industrial and residential properties totalling 63.9 million square feet of gross leasable area. Its occupancy rate is a high 97.8%....
Choice is Canada’s biggest REIT, with 702 retail, industrial and residential properties totalling 63.9 million square feet of gross leasable area. Its occupancy rate is a high 97.8%....
Mining firm Teck Resources recently announced that it will spin off its metallurgical coal (used for making steel) operations. It also recently sold its stake in an oil sands project.
These moves are part of its plan to focus on “low carbon metals,” particularly copper and zinc....
These moves are part of its plan to focus on “low carbon metals,” particularly copper and zinc....
SUNCOR ENERGY INC. $47 is a buy. The company (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.44 billion; Market cap: $67.7 billion; Price-to-sales ratio: 1.1; Dividend yield: 4.4%; TSINetwork Rating: Average; www.suncor.com) is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands....
BCE INC., $60.82, Toronto symbol BCE, is a buy.
The company is Canada’s largest traditional telephone service provider. It has 2.19 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.26 million high-speed Internet users and 2.75 million TV subscribers (satellite and fibre-optic)....
The company is Canada’s largest traditional telephone service provider. It has 2.19 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.26 million high-speed Internet users and 2.75 million TV subscribers (satellite and fibre-optic)....
Most commodity production is capital intensive with long development times. Producers face considerable costs to establish or replace mines, oilfields, and so on, or to build processing, storage and transportation facilities. This means that the selling prices of their products can vary significantly from the time of their initial investment decisions....
CANADIAN PACIFIC RAILWAY LTD., $106.04, Toronto symbol CP, is your #1 Conservative Buy for 2023.
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company is now in the process of merging with U.S.-based railway Kansas City Southern through a cash-and-shares deal....
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company is now in the process of merging with U.S.-based railway Kansas City Southern through a cash-and-shares deal....
ROYAL BANK OF CANADA, $130.91, Toronto symbol RY, is a buy.
The bank is raising its quarterly dividend by 3.1%. Starting with the February 2023 payment, investors will receive $1.32 a share instead of $1.28. The new annual rate of $5.28 yields a solid 4.0%.
Royal has also agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....
The bank is raising its quarterly dividend by 3.1%. Starting with the February 2023 payment, investors will receive $1.32 a share instead of $1.28. The new annual rate of $5.28 yields a solid 4.0%.
Royal has also agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....
Like Imperial Oil (see page 1), these three oil and gas producers are also benefitting from higher energy prices and moderating capital spending plans. That’s freeing up more cash for dividends and debt repayments.
We continue to see all three as high-quality buys for the Resources portion of your portfolio....
We continue to see all three as high-quality buys for the Resources portion of your portfolio....
ROYAL BANK OF CANADA, $134.21, Toronto symbol RY, is still a buy.
The bank has agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC). Those include 130 branches, which mainly cater to businesses in industries that trade and bank internationally....
The bank has agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC). Those include 130 branches, which mainly cater to businesses in industries that trade and bank internationally....