TRP has a new name

TC ENERGY INC. $66.20 (Toronto symbol TRP; Shares outstanding: 923.2 million; Market cap: $61.3 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%; www.transcanada.com) is the new name for TransCanada Corp. (the trading symbol “TRP” remains unchanged). The company operates a 91,900-kilometre pipeline network that pumps natural gas… Read More

TransCanada has a new name

TC ENERGY INC. $64 (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 927 million; Market cap: $59.3 billion; Price-to-sales ratio: 4.3; Dividend yield: 4.7%; TSINetwork Rating: Above Average; www.tcenergy.com) is the new name for TransCanada Corp. (the trading symbol “TRP” remains unchanged). The… Read More

Updates on Great-West Lifeco, Loblaw Companies & TransCanada Corp.

GREAT-WEST LIFECO $33.78 (Toronto symbol GWO; shares outstanding: 987.8 million; Market cap: $31.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.9%; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial.
The company plans to merge its three Canadian insurance subsidiaries (The Great-West Life Assurance Company, London Life… Read More

TransCanada looks to sell assets

TRANSCANADA CORP. $64 (Toronto symbol TRP; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 923.6 million; Market cap: $59.1 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Highest; www.transcanada.com) operates a 91,900-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations… Read More

Trump aims to jumpstart Keystone

TRANSCANADA CORP. $62 (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 923.6 million; Market cap: $57.3 billion; Price-to-sales ratio: 4.2; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.transcanada.com) operates a 91,900-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and… Read More

Innergex exits Iceland

INNERGEX RENEWABLE ENERGY $14.291 (Toronto symbol INE; Shares outstanding: 133.1 million; Market cap: $1.9 billion; TSINetwork Rating: Extra Risk; Dividend yield 4.9%; www.innergex.com) has agreed to sell its assets in Iceland. It owns a 53.9% stake in two geothermal power projects and is building a run-of-river… Read More

Five of these North American ETFs are buys

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of… Read More

These renewables offer growth and income

BROOKFIELD RENEWABLE PARTNERS L.P. $39.30 (Toronto symbol BEP.UN; Units outstanding: 296.3 million; Market cap: $11.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.9%; www.brookfieldrenewable.com) has interests in 218 hydroelectric generating stations, 104 wind farms and 544 solar-power facilities. In all, it operates over 17,400 megawatts of generating… Read More